Who Can I Claim as Dependents on my Taxes?

Claiming dependents on your taxes helps to lower your taxes. It’s a great way to get money back for the expenses of caring for children or other adults. Each qualifying dependent can reduce your taxable income by $4,050. In order to take that deduction, you have to understand who qualifies as a dependent. That’s what … Continued

IRS Changes Policy on Health Insurance Tax Declarations

  In response to President Trump’s executive order regarding Obamacare, the IRS won’t reject tax returns without health insurance declarations this year. Trump issues executive order The 2016 tax season was supposed to be the first year that the IRS automatically rejected tax returns that omitted health insurance coverage. However, the Trump administration is taking actions … Continued

How to Raise Your Credit Score in 5 Easy Steps

A great credit score is desirable for all and achievable for anyone who is willing to work for it. As you know, a high credit score doesn’t happen overnight, and damaged credit scores take time to repair. First, what is a credit score exactly? Everyone has one, but they can be confusing to understand. A … Continued

9 Ways to Negotiate Better

Good negotiators know it’s not all about winning. Great negotiators understand that the best case scenario almost always involves a win for each party. The goal of any worthwhile negotiation is to leave both sides with a feeling of value and a mutual benefit. Successful negotiations require a bit of planning, prep work, and compromise. … Continued

Top 10 Accounting Terms Every Small Business Owner Should Know

    As a small business owner, you’re not expected to know the ins and outs of accounting…until you are. It isn’t until some kind of financial crisis happens that many small business owners are hit with the hard reality of what they don’t know when it comes to their books. We don’t expect you … Continued

5 Tips on Getting Financially Fit This Tax Season

Tax season is in full swing and that April 18th deadline is coming quickly. If you missed the boat on setting financial new years resolutions (or maybe you fell off the boat and need to get back on), here are a few ways to revamp and get yourself and your business financially fit during tax … Continued