Many companies are experiencing a buildup of accounts receivable on their balance sheets as customers — especially large corporate buyers — are stretching out their payment...
Cash Flow
A cost segregation study is one way to boost cash flow
If your business is planning to buy, build or substantially improve real property, a cost segregation study can help you accelerate depreciation deductions, reducing your taxes...
When Should Not-for-Profit Organizations Return Donations?
A donor makes a cash contribution to a nonprofit community health organization. The donor itemizes income tax deductions and meets the IRS's substantiation requirements. So he's...
Working Capital: A Potential Valuation Sleeper
Working capital is sometimes overlooked in determining the value of a business. But it can have a material effect on value, so it's important to remember. A business's working...
How an HSA Can Boost Your Retirement Savings
To have a health savings account (HSA), you generally must be covered by a high-deductible health plan (HDHP) at work. HDHPs have become popular in recent years as employers have...
Manage Debts to Protect Bottom Line
Paying your company debts is just as important as collecting your own accounts receivable and they need just as much management. The good thing is, you actually have a surprising...
Watch Profits Soar by Subleasing Extra Space
Most business owners believe they don't have any unused space to rent out. But if you search a little, you may be able to turn unnecessary space into increased profits. Look at...
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...
How your teens can start saving from a part- time job
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...
Time to begin saving for your Child’s Education?
Q. It's time for us to begin saving for our child's education. We've heard a great deal about Section 529 plans. What are the advantages? A. The advantages can be significant....