Category: Blog

How should I structure my retirement portfolio?

Answer: Your first step is to take advantage of tax-favored retirement savings tools. If you have access to a 401(k) or other employer-sponsored plan at work, participate and take full advantage of the opportunity. Open an IRA account and contribute as much as you can. Ideally, you'd be able...

401k planning, employer-sponsored plan, ira, retirement planning

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Planning for Business Expansion

A growing firm often finds it necessary to expand the level of its operations. To accomplish this, the firm might acquire additional fixed assets, such as property, a plant, and equipment. Often, an expanding business will require additional personnel. In some cases, a business will expand so much...

business expansion, business growth, business planning, small business, venture capital

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Income Tax Tips: Business Insurance

Income Tax Tips: Business Insurance Insurance serves many purposes for a business. You'll need insurance to protect your business from property damage, personal injury suits, and other forms of financial loss. In addition, you may want to provide your employees with certain types of insurance (e.g.,...

business insurance, income tax, insurance, life insurance, small business, tax planning

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Retirement Plans for Small Businesses

Retirement Plans for Small Businesses As a business owner, you should carefully consider the advantages of establishing an employer-sponsored retirement plan. Generally, you're allowed a deduction for contributions you make to an employer-sponsored retirement plan. In return, however, you're required...

employee benefits, small business, small business retirement

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