Planning For Your Future

Posted on: 19 September 2017

If you are looking to purchase a sports franchise, or to go in with other investors in a sports franchise, there are a few things that you want to do. You want to talk with the others that are considering this business venture, and with a lawyer, so you can get the right assessments that are needed before you make any moves. Here are some of the things that you want to do right away to get the decision making process started. [Read More]

Posted on: 26 July 2017

If you've been in business for more than a year or two, you may find yourself dreading four distinct dates each year--the days your required estimated taxes are due. Unfortunately, even for businesses that withhold FICA deductions from employee wages, estimated tax payments can be a part of life; and if you're relying on your monthly cash flow to meet your overhead expenses, it can be easy to find yourself in a tax hole and struggling to pay your existing obligations. [Read More]

Posted on: 14 June 2017

One of the best things you can do to measure your financial progress is perform tests to determine if your financial state is improving. While there are numerous ways to do this, one good method is by periodically checking your net worth. Your net worth is a number you can easily calculate, and you can use it as a measurement of your financial growth. What Is Net worth? Net worth is an amount that represents how much you are worth. [Read More]

Posted on: 7 June 2017

A nonworking spouse in a married couple may perform years of unpaid work carrying out household and family duties. Most retirement accounts can be held in the name of only one individual, so the working spouse is usually the registered owner of any 401(k) funds. As a practical matter, a married 401(k) owner is likely to view the account as a joint asset. However, a participant in a 401(k) plan may also fund an individual retirement account for a nonworking spouse. [Read More]