I’ve asked myself a number of times since starting my own business, “Did I make the right choice?” I think this is a normal question, and I can’t imagine anyone starting their business and not asking themselves the same question. Even if you have a ton of money to inject into a start-up business, you [...]
You went into this because you wanted something more—maybe it was something more for your spouse, for your children, for your parents, or maybe just for yourself. Maybe you had that “enterprising” feeling inside you that just wouldn’t leave you alone. Maybe you were thinking, “Yeah, I guess I could continue to work the job [...]
Nielsen and comScore Wednesday settled a lawsuit over patents, a move that should have digital ad buyers (and sellers) breathing a little easier. The companies both will continue to provide their measurements that show how many people view different websites—which is, of course, a major determiner of how much ads cost. As part of the [...]
The IRS held a public hearing on Thursday to gather feedback on how to implement a system in which the IRS would match information on tax returns with data from third-party information returns during the processing of the return. Under the proposed “real-time tax system,” if the IRS found discrepancies between the tax return and [...]
Soon, lenders will be able to easily delve into the deepest recesses of your financial life, accessing information that never before appeared on your credit report. This week, a company called CoreLogic introduced a new type of credit file, which is based on the giant repository of consumer data it maintains on just about [...]
After a married couple has filed a divorce petition, the higher-earning spouse often must make various types of support payments to the lower-earning spouse. Some of these payments represent alimony and separate maintenance payments (referred to simply as alimony in this column), which are deductible by the payer and are taxable income to the payee. [...]
Hi! You may want to read my "Afraid To Budget" segment at http://edanielmillercpa.wordpress.com/2011/11/08/afraid-to-budget/ if you havn't already before delving into the following. I find many people don't know how to go about beginning a budget once they have decided to do so. They know the budget will consist of income and expenses, but they don't know what amounts to [...]
Many times in the course of my business I ask clients--both individuals and businesses--if they have a budget. Probably about a 1/4 of the initial answers are "no" and 3/4 are "yes". I then pose the question to the 3/4 that say "yes", "Is it written down?". Most of the answers to this question are "no", which [...]