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Diversification: A Tool to Temper Risk

May 8, 2024 by admin

Diversification: A Tool to Temper Risk

Market volatility is a given in the investment world, so employing strategies to cope with fluctuating market values should be a priority. Diversification — spreading your money among many different investments and investment types — is one such strategy.1 Although you can’t eliminate volatility, diversifying your investment portfolio may help you manage it. A First […]

Filed Under: Investing

What are Tax Credits?

April 16, 2024 by admin

What are Tax Credits?

Taxes are an integral part of running a business, and they often represent a substantial portion of your expenses. However, there’s good news for businesses looking to reduce their tax burden and stimulate growth – business tax credits. These credits provide financial incentives for companies to invest in various activities, from research and development to […]

Filed Under: Business Tax

What Your Last Tax Return Can Tell You About Your Finances

March 19, 2024 by admin

What Your Last Tax Return Can Tell You About Your Finances

Just as coaches look back at their prior season to identify their team’s strengths and weaknesses, it can be helpful for taxpayers to review their most recent tax return to assess what they did right and what they did wrong when it came to their taxes and overall finances. Your federal income tax return might […]

Filed Under: Individual Tax

Beneficial Ownership Information Reporting Under the Corporate Transparency Act

February 26, 2024 by admin

Beneficial Ownership Information Reporting Under the Corporate Transparency Act

What is Beneficial Ownership Information Reporting? Beneficial Ownership Information (BOI) reporting is a federal requirement by the Corporate Transparency Act (CTA). BOI reports include information about all the company’s beneficial owners. Who is considered a Beneficial Owner? A beneficial owner is any individual who, directly or indirectly, exercises substantial control over a reporting company or […]

Filed Under: Business Tax

Handling Inflation’s Impact on Your Business

January 18, 2024 by admin

Handling Inflation’s Impact on Your Business

Small businesses are feeling the pinch. When consumers find that their dollars don’t buy as much as they did when inflation rates were low, they are forced to pick and choose what they spend their money on. To pay for essentials, they often cut back on entertainment, travel, sporting events, personal care services, and other […]

Filed Under: Business Best Practices

Help if You Want It: Lessons From Your Account Statement

December 5, 2023 by admin

Help if You Want It: Lessons From Your Account Statement

An account statement can provide investors with a wealth of information about their investments. How closely do you look at your brokerage account statement? Your statement can tell you a lot about your investments. The following key elements of your statement contain important information that can help you assess the health of your portfolio. Account […]

Filed Under: Investing

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