The coronavirus pandemic undoubtedly has you on edge. We’ve all been forced to face our fears in some way, whether it’s the fear of falling ill, losing a job or having to spend time alone. With all these anxieties and unknowns weighing on your mind, it might feel like there’s suddenly a pressing need to get your affairs in order…just in case.
How have you and your business been the past 2-3 months? It is easy to get caught up in the speculation of what is to come. With all of the different analyst predicting this and that; one thing is for certain: America will rebound.
President Trump issued a proclamation suspending entry of immigrants to the United States.
The traditional law business model is broken. Here’s how the Estate Planning process typically goes with the traditional model:
In the first part of this series, we discussed what effective bookkeeping looks like, and here we’ll provide a handful of bookkeeping best practices you can implement with your bookkeeper.
Who wants to think about estate planning over the holidays? I do, and I must, because, as an Estate Planning Attorney, it is my job to ensure families are protected and kept out of court and out of chaos.
Money is the lifeblood of your business, and arguably no member of your team does more to support you with the management of your cash flow than your bookkeeper. In fact, the very first team member you hire should be a bookkeeper—and that person should not be you.
Here, we describe the next steps in the process.Taxes are a thorn in just about every entrepreneur’s side. Indeed, taxes are your single biggest business expense. That said, it’s fairly easy to reduce the amount of sting taxes cause—but you do have to be proactive.
When you first realize that your biggest personal and business expense—bar none—is taxes, it can come as quite a shock. Seeing so much of your hard-earned money wind up in the government’s hands can feel like a shakedown. Yet focusing a relatively small amount of time and effort into strategically reducing your taxes can pay major dividends.
Committing to a conscious divorce means protecting your children from end-of-marriage related trauma. When the marriage ends in a cooperative manner, divorce can be transformed from a contentious event into one that can inspire healthy growth.