Financial Planning
Get legal advice on how to take control of your personal or business finances, whether you're tackling student loans, medical bills, taxes, or bankruptcy.
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Why Tax Avoidance Is Perfectly Legal
Tax avoidance is the use of legal methods to reduce the amount of tax owed. Who wouldn't want that?
· 3 min read
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5 Tips for Vetting Bankruptcy Attorneys
Once you've made the difficult but brave decision to file for bankruptcy, you'll need to find the right bankruptcy attorney.
· 4 min read
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How to Get Student Loans Forgiven
Are you drowning under a load of student debt? Student loan forgiveness programs may be the option you’re looking for.
· 4 min read
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Sum of the Years Digits: A Depreciation Guide
How do you calculate the sum of the years' digits method of depreciation? What are the pros and cons of sum of the years' digits versus straight line depreciation. Find out if sum of the years' digits is right for your business.
· 3 min read
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Claiming the Per Diem Deduction: Best Practices for Your Business
Tracking, documenting, and reimbursing employees for their business travel expenses can be a pain. One way to simplify the process is by setting per diem rates.
· 3 min read
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Green Energy Credits for Business
If your business invests in solar energy property, fuel cells, small wind turbines, you may qualify for federal renewable energy tax credits. Similarly, credits are available for business vehicles that use electricity or an alternative fuel source.
· 3 min read
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Net Working Capital Formula
A simple formula allows your business to calculate net working capital, a key measure of short-term financial health.
· 3 min read
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What Is Straight Line Depreciation?
How do you calculate straight line depreciation? What are the pros and cons of straight line depreciation versus accelerated depreciation methods? Here's how you can decide if straight line depreciation is right for your business.
· 3 min read
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How to Make a Cash Flow Statement
In a perfect world, you'd always have more money flowing into your business than flowing out. But many businesses face cash shortages from time to time. That's when knowing how to make a cash flow statement comes in handy.
· 4 min read
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How Do I Reach IRS Customer Service?
Getting help from the IR can be challenging. If you have questions and need clarifications that can't wait, here are a number of ways to reach IRS customer service.
· 3 min read