Turning Inventory Inflation into Tax Savings

Turning Inventory Inflation into Tax Savings

Fight Back Against Inventory Inflation with LIFO Running a business is tough enough in stable times when both prices and trends are smooth and predictable. In reality, the words “stable” and “running a business” are rarely used in the same sentence. Inflation has been...
Good Business: Intra-Family Loans

Good Business: Intra-Family Loans

What is the most popular bank in the United States? Is it Chase? US Bank? Wells Fargo? Nope! The most frequented bank is much closer to home than that. That’s right, we are talking about BOMAD (also known as Bank of Mom and Dad). Adult children have been known to use...