The common perception among many is that trusts are just for the very wealthy. The reality is that even people of moderate means may find it extremely helpful to create a revocable living trust, a life insurance trust, or a special needs trust. Here are some of the circumstances when creating one of these trusts […]
Management
How Rising Interest Rates Can Impact Investors
Like everything else in the economy, interest rates tend to move in cycles. So after several years of very low interest rates, investors shouldn’t be surprised to see a period of rising interest rates. Real Life Impacts The real-life impacts of rising interest rates on consumers are significant. While the opportunity to earn higher returns […]
5 QuickBooks Online Add-On Apps You May Need to Add
Not finding quite everything you need in QuickBooks Online? Here are some handy add-on apps available. QuickBooks Online may work for you just fine as is. After all, it was designed to meet the needs of the millions of small businesses that want to manage and track their income and expenses, create records and transactions, […]
Small Business Responsible for Complying with Russian Sanctions
This is a great article from CNBC describing how small businesses across the economy may have exposure to Russian entities and are legally obligated to comply with sanctions. It would be easy enough to assume this only applies to multi-national corporations, but the article describes how a small cybersecurity training firm discovered they had two […]
A Quick Guide to What Paper You Need to Keep and What You Can Toss
If you’re like most people, you’ve got lots of paper. Some of it you need to keep, and some of it you don’t. Here’s a look at what to hang on to and the best place to store it. It’s in the Box A safe deposit box at your bank or a fireproof box in […]
As a Corporation You Need to Follow the Rules
When you started your business, you may have formed a corporation to protect your personal assets from lawsuits against your company. However, you must also operate your business like a corporation — or risk losing the liability protection you expect to have. No matter how long you’ve been in business, always treat your corporation as […]