All About Personal Accounting

If you have a checking account, of course you balance it periodically to account for any differences between what’s in your statement and what you wrote down for checks and deposits.

Tax Plan Spurs Deal Making: Beware This Could Affect Your Financial Health

This could affect your financial health. Today’s Wall Street Journal headline is another reminder of how bad the Washington dynamics have gotten. Like a bunch of sharks in a feeding frenzy, there is a “scramble by lawmakers and industry lobbyists to get favored provisions into the bill.” Whatever the outcome, you are witnessing the world [...]

While Obama Woos Democrats On Tax Deal, Small Business Entrepreneurs Still In The Cold

Beware: Do not rejoice so quickly. Obama has little choice in making a political gesture to the center to save his Presidency.

The Problem Remains:

The problem for entrepreneurs, small businesses and the country is that they need private equity to get off the ground and create the needed jobs. Two thirds of job creation comes from small businesses.

Steps to recent small business tax breaks

If you are a small business owner or plan on starting a business you should be aware of these 2010 tax code changes as each will affect you business now and in the near future. Take a look.

10 Ways To Reduce Tax Burden For Your Small Business

An ideal lawyer will not just have a string of impressive credentials or gold lettering on his door. He or she will be caring, concerned, and devoted to their work. You need to think carefully before laying your trust in a lawyer after all in some cases your life, future, money or property will be in his hands.

1031 Tax Exchange – Frequently Asked Questions

After years of conducting tens of thousands of successful 1031 exchanges, we found that there are a number of frequently asked questions related to this type of transaction…

Equity and Gain

Is my tax based on my equity or my taxable gain?

Tax is calculated upon the taxable gain. Gain and equity are two separate and distinct items. To determine your gain, identify your original purchase price, deduct any depreciation which has been previously reported, then add the va…