Did you know that every economy depends on loans for its growth? For the development of a nation, it is necessary to have an economic system that can support population growth and provide for their needs. In this post, we will discuss how bank loans affect the nation’s economy. The economy of a country depends on…
Category: Business
How to Start a Food Truck Business in California: Step By Step Guide
Are you passionate about food and looking to start a low cost business then Food Truck Business May be a viable option. We have compiled ” How to Start a Food Truck in California: Step by Step Guide” Choose Type of Food & Menu It is important that you decide on what type of Food…
How to Start a California Business: 13 Key Steps
Are you looking to start a small business in California? Its always been an American dream to be able to own your own business . California been home of many startups whether they are a restaurant or a tech company. We have compiled 13 Key Steps regarding ” How to Start a California Business” …
LLC for Rental Property in California
Do you own rental properties in California? Are you in the process of obtaining rental properties? Regardless of what stage you are in your rental investor stage, it would be best if you considered forming an LLC. Forming an LLC for your rental properties comes with a plethora of benefits that you may or may…
Tax Planning for Retirement
When you retire, tax planning is likely at the bottom of the list of things you want to be spending your time on. We believe, starting tax planning for Retirement as early as possible is a great way to keeping taxes low or zero during retirement years. This means thinking about where and when to…
Self Employment Taxes vs. Regular Income Taxes
Ah, America’s favorite season is finally here. Luckily for all of us, tax filing season begins on January 24th this year, so it’s time to prepare ourselves. Well, this year is a little different for many, as the so-called “great resignation” has fueled a large number of people to become self-employed for the first time. In…
What Is the Difference Between a CPA and a CFA?
Taking charge of your finances can be a struggle. In fact, nearly 40% of Americans struggle with their finances in some capacity. To combat this issue, many people turn to CPAs and CFAs. These financial professionals can help individuals get their finances back in check. If you’re planning to work with one of these professionals, it’s important…
SBA 504 Loans: An Ultimate Guide
The global pandemic of 2020 changed everyone’s life in significant ways. But, one way it hit us is in the area of small businesses. 1.8% of all small businesses report they will never reopen after the pandemic. On the surface, this may not seem like much, but in reality, it is a lot of local businesses….
Can an S Corp Do a 1031 Exchange?
Are you a small business owner or are you a real estate investor looking to see ” Can an S Corp Do a 1031 Exchange”. Answer is YES. As long as you sell the Real Estate that is held under the S Corp and buy another property under the Same S Corp you allowed to…
How to Start A Bookkeeping Business?
How to Start a Bookkeeping Business? Image Credit Pixabay Bookkeepers are some of the most in-demand professionals in every sector globally. Managing and maintaining financial records like payroll, profit and loss statement, cash flow, and investments are challenging for a businessperson with no background in accounting. This is when both small businesses and giant corporations…