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3 Business Mistakes Decreasing Your Meal Deductions
Meals are probably one of the most popular and favored small business deductions. It allows you to take your clients out to a nice restaurant (that is not “lavish” or “extravagant”) while you negotiate yourself into future opportunities with them, and deduct 50% of the expense from your taxes. It’s a win-win. However, after the […]
Creating a Wealth Strategy: Step 3
Step 1 was to determine your goals. Step 2 required measuring your current wealth and debt, and using taxes to your benefit. Now we’ll get into Step 3: Gain control of, and decrease your living expenses like crazy. This doesn’t mean living off of cans of beans and bread, but when you think about it, […]
Creating a Wealth Strategy: Step 2
Measure Your Wealth Most of us try to ignore where our wealth is today, either because we’re nervous to really know what the situation is, or we don’t have the time to keep track and it gets pushed to the wayside for as long as possible. Here’s a quick and simple way to get back […]
Creating a Wealth Strategy Step 1: Avoid this BIG Mistake
Are you one of the many people who dream of becoming wealthy someday, without knowing exactly how that could be possible with the job you have or the life you live? Maybe it seems completely unreachable with your already busy schedule. When you hear the phrase “wealth strategy”, what thoughts come to mind? I don’t […]
What to Do with the 2018 Tax Law Changes – Businesses
(read more at The Motley Fool) Major changes to the US tax law (the biggest changes in 30 years) came through by the US Congress, which means it’s time to re-strategize with your tax planner. The most dramatic changes occurred on the corporate side of the law, so ensure your business is doing everything it […]
