If you own a storefront business, it’s likely that you are party to at least one lease agreement – whether a lease of your retail space, equipment needed for manufacturing production, or even a vehicle used to transport clients. Determining depreciation schedules and liability reporting for these leased assets can be challenging, particularly for those businesses operating on a shoestring budget without the help of an outside accounting firm. However, the Financial Accounting Standards Board (FASB) has recently issued some new guidelines governing the reporting businesses must do if they lease items, equipment, or retail space used to help their businesses function.…
If you spent most of your early career focusing on repaying student loan debt, purchasing a home, or starting a family, you may not have given much thought to your retirement accounts until much later. The benefits of early compounding are clear. However, ensuring you choose wise investments once you do begin contributing in earnest can go a long way toward maximizing the benefits of saving. Researching thousands of funds on your own can seem like a mind-boggling process, and you may not know where to begin.…
When it comes to using trading as a strategic form of investment, there are several options traders can choose from. Whether it is precious metals like silver and gold or trading stocks in the DOW and NASDAQ, these forms of trading can bring in quite a profit if you know what you’re doing. Forex trading is another popular form of trade investing that can also be quite profitable if you know how to use the system.…
