Avoid hiring mistakes in your start-up

Staffing errors can spell disaster for your start-up. Here are three to watch out for. Staffing the firm with friends and family While this strategy may work in some circumstances, hiring pals and relatives often spells trouble. For one thing, friends and family...

Clean your financial house for the new year

Out with the old, in with the new. No matter whether you apply the expression to changes in attitude or to life adjustments, the end of the year is a great time to assess your household finances and prepare for new opportunities. Here are suggestions. Review your...

Higher self-employment taxes coming in 2017

Did you know the national average wage index went up? You might have missed the news, but it’s likely you will notice one impact: higher self-employment taxes. How are the two related? The index is used to calculate the social security wage base, which is the...

Downtime is not wasted time

Does a suggestion to boost productivity with time off sound counterintuitive? Research has shown that giving workers – and perhaps yourself, as a business owner – time off to recuperate from work demands can be energizing. Here are three ways your business can...

Prepare in advance for required IRA distributions

Once you reach age 70½, the required minimum distribution (RMD) rules say you have to withdraw at least a minimum amount from your retirement plans each year. Since the withdrawals are considered ordinary income, planning in advance can help you prepare for the impact...