3 Ways To Lower Taxes On A Big Severance Package
Do you expect to receive a large severance package in the near future? While a generous severance package upon leaving an employer is a good thing, it can have a big impact on your tax bill. What can you do to minimize this impact? Here are three strategies you might take depending on your situation. 1. Maximize Deferred Retirement Contributions If you're not contributing the maximum allowed to retirement accounts, this is a good place to start.
Is Your Spouse Hiding Money? 4 Way A CPA Can Help
Do you suspect that your spouse is hiding financial secrets from you? Sadly, for many couples who may be nearing the point of needing a divorce, money secrets can be common. They can also be costly and stressful for the innocent spouse. With the help of a CPA (certified public accountant), you can learn more about your joint finances. 1. Go Over Old Taxes Income tax returns are a big source of financial misdeeds by less-than-scrupulous spouses.
It's That Time Of Year Again: No, Not Christmas — Tax Time!
Certified public accountants work all year long, but they really start to gear up around mid-January. People who want to file their taxes early are scrambling to get appointments, and those who put it off will still have to schedule appointments prior to April 12th in order to have their taxes filed on time via digital means. If you are the type that tends to put this off every year, here are three reasons for getting on the ball and getting your taxes done and filed early this year.
5 Ways To Make Your Accountant Not Hate You
In the world of accounting services, it can sometimes be hard for even the best professionals to feel like the customer is always right. Whether you're dealing with personal or business accounting issues, understanding these 5 tips will help you make sure you're not the client that your accountant hates. Don't Shoot the Messenger Getting upset about bad news is a good way to make sure people never deliver bad news.
Small Business? 4 Tips For Your Bookkeeping
It can be incredibly exciting to open up your own business, become your own boss, and make your own hours, potentially leading to financial freedom. However, the success of your small business relies heavily on the proper management of your cash flow and expenses, as well as the commitment to a sufficient business bookkeeping routine. If you are starting a small business, here are a few bookkeeping-related tips that may help.
