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Tax accounting is one of the most important domains in the field of finance. It is really important that businesses have adequate knowledge about the various tax accounting methods that they can choose from depending on the nature and size of their businesses in order to maintain the smooth functioning of their finances. It is…
Are you in debt? How fair are your investments? Do you know what is happening to your money? Does asking these kinds of questions make you tense? Now, a different kind of question: wouldn’t it be nice to be in control of your financial future? Well you can be! Taking control of your financial destiny…
Like it or not, efficient small business accounting only happens when it is done by a professional. This may sound very one-sided – leaning towards accounting firms – but this statement is true. There are many benefits from this action. The most famous of them will be listed in this article. Most people jumping into…
You can’t hide. Every year, if you work and earn a living, you must prepare and file a tax return for the IRS. In addition, depending on your state of residence, you prepare and file state tax returns. Just think… If HR Block or Liberty Tax didn’t exist, who would you turn to to prepare…
Working capital finance, properly structured, can provide the boost your business needs to grow and operate. Businesses find cash flow crunch challenging for several reasons: new market opportunities special projects etc! The bottom line is that properly structured business financing allows owners and financial managers to monetize assets in the business on a short- or…
In the last 15 years, mass media has changed dramatically. Improvements in applications, technologies, changing consumer needs, and an explosion of new media platforms have all played a part in this phenomenal growth. Now one can flip back and forth between the many websites on the World Wide Web, 24-hour cable channels and even radio…
One of the best ways to learn about finance is to start with a real-world story that everyone can relate to – a story that even kids can understand. One of the most iconic – if not the most enjoyable – business ventures of childhood is the lemonade stand. Setting a table on a hot…
In the year 2015, being someone who likes to stay abreast of various political and economic developments, I was often confused by the term ‘Green Finance’. Furthermore, the excessive use of the term in the G20 prompted me to learn more about it and understand you as well. Green finance can be described as an…
stuck on success How do you define personal success? I get asked this question a lot, and interestingly, the answer often involves the concept of financial freedom. When I delve a little deeper, financial freedom translates into a variety of dreams. Why is financial freedom so attractive? Perhaps it’s because so many people are limited…
Invoice discounting can be a great way for some companies to inject much needed capital into their businesses. It is quite possible to run a very successful company and yet not have the necessary money to meet basic expenses such as rent, materials and salaries. For someone who has little or no experience running a…