Sole Proprietorship or LLC Sole proprietorship's and LLCs are the most common business structures. Of the two, a sole proprietorship is the most popular and easiest to create. But it does not provide the legal and tax advantages that an LLC does. In this article, we will go over the main differences between a [...]
Basic Overview of Stocks Stocks are a financial avenue companies use to raise money for their business. As an investor, you are purchasing a small percentage of ownership in that company. This allows you to share in the profits, growth, and dividends of the company. As an investment, stocks have provided a higher annual [...]
Taxation of Rental Property Rental property serves as a steady source of primary or secondary income for many. If you own rental property, there are several tax topics that you should be familiar with. In this article, we will go over the basics of rental property taxation. Rental Property Income According to the IRS, [...]
Basics of a Fixed Annuity A fixed annuity can be a powerful retirement planning tool. In this article, we will go over the basics of fixed annuities. This includes how they work, what benefits they offer, and how to determine if one is right for you. How a Fixed Annuity Works A fixed annuity [...]
What to Do After Someone Passes When a loved one passes, you can feel overwhelmed. It is hard to deal with everything that is going on, when you add taking care of financial matters to the mix it can get even more complicated. We have compiled this list of 5 steps to take after [...]
