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If you have ever inquired about an accounting position at a business, you've probably seen the phrase "candidates are required to demonstrate a current knowledge of Generally Accepted Accounting Principles (GAAP)." But, what exactly is GAAP and why is it a mandatory requirement with today's business accountants? more...

- - Running Your Business

For many small to midsize businesses with a limited advertising budget, national, broadcast television advertising isn't a viable option. But that doesn't mean that you can't use this effective tool. A low cost alternative to traditional television advertising is putting those advertising dollars into cable television. more...

- - Promoting Your Business

Everyone knows that a written document otherwise known as a deed is needed in order to transfer title in real property from one person to another. What everyone does not know is that deeds can be complicated and nuanced, taking multiple forms, each with its own specific implications and particular best uses. more...

- - Real Estate

Can you break a car lease if you change your mind? There are ways to do it, but many have penalties of some sort attached. Check out these options before you decide what's right for you. more...

- - Home & Leisure

What do Burt Reynolds and Thomas Jefferson have in common? How about Kim Basinger and Gary Coleman? What about MC Hammer and... well I think that name tells you where this is going. They are all famous filers of bankruptcy and members of a long line of celebrity debtors. We look forward to their tales of woe on the last five minutes of the eleven o'clock news. We marvel at the details of each financial fiasco. One can't help but wonder how could such fortune turn into such debt? more...

- - Bankruptcy

As the old saying goes, "don't wait to buy real estate, buy real estate and wait." After years of economic ups and downs, people are looking for a solid investment that will build equity. One of the strongest investments is still residential real estate. So just how exactly can you protect yourself? A solid lease is a great place to start. Read more to find out how to draft a solid residential real estate lease. more...

- - Contract Law

Some of the hardest decisions a family can make are how to handle money, property and other family investments. An answer to these difficult questions, especially for families with considerable real estate holdings, is establishing a Family Limited Partnership (FLP). When used properly, an FLP can be very profitable and save families thousands of dollars in gift and estate taxes. FLPs provide both protection from creditors and flexibility not found in other trusts, as it can be amended or changed.02 more...

- - Estate Planning Basics

Running a business can be even more of a challenge when times are hard. But the good news is that you can take positive steps increase the chances the time and money you have invested pays off. Here are some tips to help you keep a tight rein on spending during a crunch. more...

- - Running Your Business

Starting a business in a recession may seem as sane as going to sea in a hurricane. However, those brave enough to weather the storm stand to reap big rewards. Here are a few businesses that thrive even in tough times. more...

- - Estate Planning Basics

No matter what type of company you own, you should always separate personal and business finances because using a personal bank account for business can affect your legal liability. But, just in case you need more convincing, here are our top reasons to get a business bank account. more...

- - Running Your Business