Take Them Out to the Ballgame

One of the most effective and inexpensive ways of building employee loyalty is to hold regular outings and get-togethers. By holding staff gatherings, you build loyalty and form bonds outside the workplace. Plus, you get a major tax break. You can hold a staff party...

Handle Payroll Taxes With Kid Gloves

If you operate a business that collects payroll taxes from employees, here’s a warning: Regardless of what your corporate financial situation is, don’t borrow from the withholding tax fund. If that money isn’t there when it’s due, Uncle Sam...

Help Your Kids Build a Fortune With a Roth IRA

If you have teenage children or grandchildren with part-time jobs, there’s a tax-favored way to help them save money for college, a first home — and even retirement. By socking away some of their earnings in a Roth IRA, your youngsters can begin a savings plan...