November 2019

Be sure to review...

* my recent "Year-End Tax Planning 2019" blog (posted Oct 31, 2019), for a list of planning items - to do before December 31, 2019. Here's a link to all tax planning blogs.

Getting a divorce can be one of the most stressful times in your life. In addition to the emotional toll, it costs, on average, $15,500.

In business, risk is anything that could negatively impact your revenues, reputation, or future operations. When you try a new vendor, you take on risk. Their products or services could be below your standards, and cost you customers.

If you ever want to apply for a small business loan, the lenders will want to see your business plan. Your business plan gives lenders a concise snapshot of your business model. Having a small business plan also gives the owner added benefits.

In these days of the gig economy, more business owners are leveraging the affordability and convenience of hiring freelancers (independent contractors) instead of regular employees. It makes sense. There are some tremendous benefits to hiring independent contractors (ICs), including not having to pay for insurance and payroll taxes.