Should I Hire My Child in My Business?
Should I hire my child in business? Learn IRS rules, tax benefits, and how this strategy builds generational wealth with Roth IRAs and 529 rollovers.
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What You Need To Know About Taxes and Investing
Taxes play an important role in your financial life. Their reach extends far beyond the dreaded April 15 date and come into play much more than once per year. Taxes are actually involved in nearly every financial decision you make, chief among them being investing. Taxes are to investing as textbooks are to education—you can’t…
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Entrepreneur | Financial Planning | Goals | Income | Insurance | Investing | Retirement | Saving | Spending | Taxes
The 5 Big Financial Planning Concerns You’re Forgetting About as an Entrepreneur
Forgetting something? If you’re an entrepreneur, it would be completely understandable if you lost track of a thing or two. You probably have a thousand thoughts running through your mind 24/7. Add in your never-ending to-do list, tasks that need to be outsourced or delegated, and big ideas you want to tackle, and it’s no…
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Is a Roth Conversion Right for You?
Wondering if you’re doing all you can to leverage the savings and investment tools at your disposal? If you currently contribute to a traditional IRA, a Roth conversion might be the next step to take to optimize your financial life and further work your wealth. When you do a Roth conversion, you take money from…
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Entrepreneur | Financial Planning | Goals | Income | Organization | Planning | Taxes
How to Read Your Profit and Loss (P&L) Statement
Wondering if you can afford to pay yourself more? Know you need to reduce spending to save more towards your goals, but not entirely sure where you can cut costs? Or maybe you’re thinking about making a new hire or investing in a business coach. Can you afford to do that — or do you…
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Benefits | Career | Cash Flow | Employee Benefits | Financial Planning | Goals | Saving | Taxes
Should You Participate in Your Employer’s ESPP Plan?
Have access to an ESPP but have no idea how to work it? You’re not alone. This is a type of benefit not offered to everyone, so figuring out the best way to leverage it or fit it into your financial plan can be tough. An employee stock purchase plan, or ESPP, is a benefit…
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Benefits | Career | Cash Flow | Employee Benefits | Financial Planning | Goals | Human Capital | Income | Investing | Millennials | Net Worth | Saving | Taxes
Your Guide to Employee Stock Options, RSUs, and Incentive Plans
What kind of compensation do you receive from your employer in exchange for doing your job? You might just say, “my paycheck,” but that’s probably not the only kind of compensation you receive. Your company benefits count, too — and can do a lot to help your personal bottom line. Your benefits, for example, might…
