When managing finances, individuals and businesses often encounter situations where they lend money to others and, unfortunately, face the risk of non-payment. Such instances of bad...
Posted by Rosovich & Associates, Inc. on 08/17/2023
Many business owners have been encouraged to get out of debt. The advice may not be entirely practicable, considering that all great entrepreneurs need loans (aka debts) to expand...
Posted by Rosovich & Associates, Inc. on 05/22/2022
It is no longer possible for the 2018-2025 fiscal years to claim accidental loss and personal property theft as itemized deductions unless your claim is declared as a federally declared...
At Coastal Business Services, we understand just how important your small business is to you. You started this business from the ground up and poured a lot of sweat and hard work into...
The Internal Revenue Code is configured to offer numerous tax reductions to individuals and businesses. Even the IRS recognizes that you have to save money to live and manage your...
We all come to points in our life when we have to borrow money. It could be student loans to finance your education, mortgage to buy a house, or loan for your first vehicle. It could...
Debts come in many forms. This explains why we have good debs and bad debts. We can classify student loans as good debt, while credit card debt fits the category of bad debts as it...
Posted by Elliot Kravitz, ATP on 05/17/2020
Are you tired of watching a significant chunk of your hard-earned money disappear into the abyss of taxes every year? If you're self-employed, an entrepreneur, or a freelancer,...
Posted by True Tax Service on 09/17/2023
What is a Profit and Loss Statement?After every financial year, it is normal for businesses to know if they are making a profit or losing. A company can access its revenue, expenses,...
Posted by CORE PERFORMANCE on 11/04/2021