Small business owners know that securing funds for their business is a tricky task. Banks are reluctant to lend to companies who need the funds for starting up, rather than for growth. Check out some of the different ways you can secure the funds that your small business needs. 1. Crowdfund Your Business If conventional financing is not an option or if you have an idea that you think will be widely popular, consider crowdfunding your business. [Read More]

Keeping a close eye on the financial health of your small company is essential when it comes to ensuring profitability and growth. Many small business owners do not have the in-depth accounting knowledge required to track business finances, so they have these services performed by a hired professional instead. While you may think that your financial accountant can sufficiently advise you when it comes to making decisions involving money, advising tasks are best left to those with experience in management accounting. [Read More]

Much of the emphasis on individual retirement accounts revolves around the deduction available to working individuals. IRA funding for the spouses of workers sometimes receives less attention. Nonworking spouses, however, can often fund a separate IRA based solely on the earnings of the working spouse. Tax legislation passed in 2013 created the option for nonworking spouses to fund an IRA. The legislation was sponsored by U.S. Senator Kay Bailey Hutchison. In a rather unusual move for tax legislation, the IRA type was officially titled as the Kay Bailey Hutchison Spousal IRA. [Read More]

Bail can cost a lot of money, even if you are successful at getting back most of your initial deposit. Here are some ways to reduce your total bail cost. Consider the Type of Bail Your total cost definitely determines what type of bail you choose. For instance, if you are able to pay a cash bail directly to the courts, you might miss some of the fees that a third-party lender would charge. [Read More]