While you can't completely prevent an IRS audit, there are steps you can take to lower your risk. The agency often reviews returns that report large amounts of cash (taxi drivers, hair salons, restaurants, and other businesses that accept tips and make many transactions … Read More »

While paying down student loan debt is crucial to securing financial stability, neglecting your retirement planning could have dire consequences as you age. You may need to make a few minor adjustments to your financial management strategies to balance both priorities. The following steps … Read More »

We all procrastinate, especially when it comes to stressful or cumbersome things like doing taxes. As a business owner with complicated taxes for an LLC or an S corp in California, that procrastination can cost you – literally. Taking a proactive approach throughout the … Read More »

A cost of living crisis can be scary and confusing, not knowing where to begin when it comes to navigating the issue and cutting costs. We’re here to make it feel slightly less overwhelming and to give you some clear steps to follow in … Read More »

Assuming an inheritance can be both emotional and overwhelming. Whether money or property, suddenly inheriting assets can present unexpected challenges that should be managed immediately to secure their value and future benefits. In this article, we'll look at different approaches to handling unexpected inheritances … Read More »

In the financial markets, copy trading allows users to duplicate positions started and managed by specific third parties automatically. Traders who want to mimic other investors' trades, also known as leaders or signal providers, are frequently paid flat monthly subscription fees by traders known … Read More »

Buying a boat can be a life-changing experience, but many potential boat owners hesitate to purchase because they’re uncertain about how boat loans work. Fortunately, with very good credit, it may be possible to buy a boat with no down payment and a loan … Read More »

Knowing how to evaluate a business's financial health is an important business skill. If you’re an entrepreneur or business owner, you need to understand how your company is performing for many reasons. Having a clear picture of your organization's financial health can help you … Read More »

Real estate purchased with the expectation of future financial gain is known as "investment property." It's not always easy to get a mortgage for a second house; the standards are different from those for a primary residence, and second-home mortgages usually need a bigger … Read More »

Money is a resource we could all use more of. But the more money you have, the more critical it is to manage it well. Otherwise, you’ll have more issues with money than successes. And then comes the overwhelming financial stress. Instead of letting … Read More »