We’re the translators of financial mumbo jumbo.

It’s a warning label that should be emblazoned across the Google results for sole proprietorship:  “ROADBLOCKS IN SELF-EMPLOYMENT MAY BE LARGER THAN THEY APPEAR” In spite of rumors swirling around...

“Ring, ring” – it’s your tenant calling you in the middle of the night to fix that leaky toilet. It’s one of the most undesirable facets of being a landlord, but it comes with the territory. It’s...

Taxes are a double-edged story for business owners. On the one hand, they may be subject to a higher tax rate than W-2 employees. On the other hand, business owners may also have more tax-reducing...

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...

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...

  What if I told you that you can defer capital gains tax when selling an appreciated asset, reduce estate taxes, and receive income from the sale — all at the same time? Yes, this is possible...