Money Matters

Get legal advice on how to take control of your personal finances, whether you're tackling student loans, medical bills, taxes, or bankruptcy.

Accounting basics: What is cash accounting?
A cash accounting system is a system of accounting where the payment and expenses are recorded once the money transaction occurs. This applies both to when money is received, as well as when expenses are paid.
October 18, 2023 · 6 min read
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?
October 16, 2023 · 3 min read
Saving for your child's college education and protecting your retirement
When faced with saving for college and retirement, you should focus on retirement first, but also set up a 529 college savings plan for your children as early as possible to gain that coveted interest growth over time.
August 28, 2023 · 4 min read
How COVID-19 affects corporate bankruptcy issues
Amid the COVID-19 pandemic and its impact on business as usual, is now the time for a company to file for bankruptcy?
August 24, 2023 · 3 min read
Chapter 11 bankruptcy vs. Chapter 13 bankruptcy: What’s the best option for your small business?
Chapter 11 and Chapter 13 bankruptcy can both help you eliminate your debt and restructure your business. But they each carry their fair share of advantages and disadvantages. Find out how they work and which one may be right for your business.
August 24, 2023 · 3 min read
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.
August 16, 2023 · 4 min read
7 money-saving tips for recession and inflation
While you cannot control an oncoming recession and inflation, it's important to know how to prepare. Here are some tips to help you start saving for your emergency fund.
July 28, 2023 · 12 min read
Net working capital formula
A simple formula allows your business to calculate net working capital, a key measure of short-term financial health.
April 14, 2023 · 3 min read
What is a trial balance?
While a trial balance is not a financial statement, this internal report is a useful tool for business owners. It lists all of the account balances in the general ledger. It is also used at audit time to see the impact of proposed audit adjustments.
April 14, 2023 · 2 min read
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.
April 14, 2023 · 3 min read

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