Ready To Launch a New Business

 If you would like to launch a new business but don’t have much starting capital, you are likely wondering how you can bootstrap your business. Whether this is your first attempt or you are recovering from a previous failure, learning to bootstrap is vital. The good news is that you can launch a successful business as long as you follow …

Avoid These Mistakes That Can Cripple Your Business

Disclosure: Some of the links below are affiliate links, meaning, at no additional cost to you, I will earn a commission if you click through and make a purchase. When you’re running a business, it’s easy to get caught up in the day-to-day operations. However, if you don’t keep your eye on the big picture, you could end up making …

Should You Convert Your Traditional IRA or 401(k) to a Roth IRA?

Disclosure: Some of the links below are affiliate links, meaning, at no additional cost to you, I will earn a commission if you click through and make a purchase. After tax reform, Roth IRAs look even better. Tax brackets are lower now, and there’s a chance they could go back up after 2025. Those are the two biggest reasons to …

Beginners Guide to Bookkeeping

Disclosure: Some of the links below are affiliate links, meaning, at no additional cost to you, I will earn a commission if you click through and make a purchase. Is this your first time working with a bookkeeper? Here’s what you need to know to get the most out of it and make sure everything goes smoothly. 1. Bookkeeping Has …

5 Ways Small Businesses Can Comply With ACA

Whether you’re starting a new business or you’ve recently increased your workforce, it’s important to ensure you’re complying with the Affordable Care Act (ACA) when providing health care options to your employees. Understanding the basics can help you avoid unnecessary penalties later on down the road, too. Here are some practical ways to be ACA-compliant: 1. Consider the Size of …

The Best Time to Start Planning for Your Taxes is Now

There are less than three months left in the year. Think that means six months before you have to think about your taxes in March or April? Think again or be ready to pay the price. 1. Avoid Surprise Bills and Estimated Tax Penalties Tax reform was called the Tax Cuts and Jobs Act, but thanks to the end of …

3 Effective Tips for Managing Small Business Health Care Costs

The ACA is still the law, and if you have 50 or more full-time employees (FTEs), you’re still required to provide health insurance. But with rising health care costs, managing these fringe benefits can easily get expensive. So, it’s crucial to manage these costs to stay compliant with the law. The great news is that managing your small business health …