Finance & Accounting
You've got a job to do!
As a small business owner, people are counting on you to grow the business, manage the money, pay the taxes, provide a steadily increasing paycheck and not get upset when they need to take a personal day to recoup from the stress of their jobs.
No worries. Simply take a step back, come up with a plan and get to work.
Give Your Banker An Annual Performance Review
At year end, a business reviews employee benefits, balances the books, conducts an inventory, updates the articles of incorporation, and calls the CPA. Unfortunately, many businesses overlook a critical task: Did anyone think to call the banker?
End of the Year Tax Tips
Insight Marketing Group
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It’s hard to believe, but it’s time for our annual tax tips article. This year, there are some changes or anticipated changes to the federal tax law are extremely important for every business owner to keep in mind. And the perennial favorites are back, but no less important.
Learning About Nonqualified Deferred Compensation Plans
As a seasoned industry veteran continues in a successful career, they may begin wondering about different alternatives for building a bigger nest egg. Over time, they may have accumulated a sizeable amount of money through a company-sponsored 401(k) plan, but at their current income, they may qualify for another type of savings vehicle called a nonqualified deferred compensation (NQDC) plan. This unique savings plan would allow such an individual to defer salary beyond the contribution limits of a qualified retirement plan, such as a 401(k) if they receive this benefit from their employer.
Getting the Most Out of Your Pension
If you or your spouse is eligible to receive a pension, it will figure prominently in your retirement planning. However, pension laws are complicated, so it is important to learn the facts about your company’s pension plan to make sure that you obtain the benefits to which you are entitled.
Managing accounts receivable and payable when running your business
Insight Marketing Group
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Many high finance types have quoted “Cash is king” when describing various financial endeavors. Well when it comes to running your business the saying rings very true. Most of us have figured out the importance of cash whether running our own businesses or our own households. Just think of how many times we look at our bank balances each month. This article describes techniques you can use to help manage the cash in your business and households more effectively.