It often seems like there’s a tax for everything we do. We pay sales taxes every time we pump gas, buy groceries, or fill a prescription. We also pay yearly property taxes on our homes and cars. But nothing compares to the federal tax that is withheld from our paychecks. The more money you make, the more the government takes. On top of the 15.3% Social Security and Medicare taxes, we also have to pay between 10% to 37% in federal income tax. That’s a huge chunk of change that could go towards a rainy day fund or paying off…
Author: Tina Roth
As the majority of the population in the US is now vaccinated and businesses have opened their doors widely in this new normal world, some adjustments are still needed to be done. One of the crucial issues right now for many businesses irrespective of their sizes is the cash flow and the debt. While the pandemic was a huge blow on the cash flow of the business, maintaining it has become difficult as the clients or the debtors are in no position to make the payments. And that is why companies like Nelson, Cooper & Ortiz LLC are sharing some…
Is your farm ready for a much-needed expansion? If your business is to successfully undergo a sustained growth period, you must go above and beyond to improve its profit turnover. Once you consistently find yourself with more money at hand, you will have the capacity to invest extensively in your day-to-day workflow. This will positively affect the agricultural services you provide, and ultimately help you cultivate an expert brand image for your farm going forward. To find out what you must do to improve your farm’s profit turnover, read on. Make use of bale wire When seeking to improve your…
We know that your Credit Score is vital to measuring your financial health but having a complete understanding of how your score is calculated is equally important. A good score will determine how much money you will spend on interest and fees. A very good credit score, or any FICO score of 740 or higher, will help you secure loans and credit cards with the best rates, saving you a lot of money over time. Any score between 580 to 669 will typically leave you paying more for credit and that result is a higher cost to you. If your…
Currency rates fluctuate, so it is important to keep a regular check on them if you are looking to travel abroad. Also, if you are a business trading internationally. Investors will be affected by currency rates, too. Checking on accurate and up-to-date currency rates has been made easier by them being published online by financial institutions, banks, currency exchanges, and those involved in the travel industry. It is a bonus that we can view live currency rates so that we can keep a regular eye on currency rates to purchase our currency and make our deals at the right time.…
Small and medium-sized business owners have the option to outsource many of the logistical tasks involved with running a business. Almost all outsourced service providers sell the idea of making a business easier to run by taking over some of the more mundane responsibilities, such as payroll and bookkeeping. These services are sometimes very successful with helping a small business, particularly for businesses that need an eCommerce CPA. However, outsourced financial assistance should not be accepted as beneficial to businesses without careful consideration. One of the central administrative services available through outsourcing for small businesses is payroll management. Why? The…
Whether you’re a small startup business or a citywide brand name, there’s one key area that needs your undivided focus: your website. That’s right. Oowners and marketers across the globe accept the universal truth that websites have now become extremely important. It cannot be stressed how essential websites are for marketing your business to the modern consumer and driving your sales numbers skyward. But without the right features, your website is going to flop – which will cause a negative domino effect across the rest of your business. So, what the must-have features for business websites in 2021? Well, this…
Tax scammers are getting smarter by the day but you can outsmart them. Popular ways by which they carry out their operation include the use of emails, websites, and social media. One of their major goals is to get your personal and financial information. Hence you have to be wary of sharing your personal or financial details online especially on unfamiliar websites, or websites that you presume to be suspicious. Moreover, it is advisable to keep your profile private in the social media space. This is because your identity can be easily stolen through this means. Two common methods by…
Managing personal finances is an integral part of being an adult. In addition to this, if you have a family–children, spouse, and parents to take care of–you have to consider their financial requirements as well. Sometimes, your income alone cannot fulfill your dreams and aspirations. You may want additional money to buy a house, pursue higher education, start a business, or pay medical expenses. While a person’s savings can relieve some financial burden when purchasing a house, it may not be enough to cover expenses. In such instances, it is hard to pay all your dues. Hence, mortgaging your home…
The coronavirus looks like it’s finally getting under control, as vaccine rollouts continue to sweep the nation. As more communities administer the vaccine, with its 95% efficacy rate, it’s likely that our lives will finally start to feel like the pre-pandemic days. Thank goodness! One of the ways we’ll continue to feel the effects of the pandemic is in real estate – namely that of large cities. The promise of remote work becoming a permanent possibility is likely to have an effect on where people will want to live. We have some insights from top agents that’ll highlight some of…