Self-Employment: Saving for Your Future

Self-Employment: Saving for Your Future

Do you sometimes find yourself sacrificing long-term success in order to serve urgent business needs? Sure, you’ll retire one day, but it’s not today. Today you need to pay your rent before they change the locks on you! While this kind of behavior can keep you afloat in the short run, or maybe even a long time, it’s likely that you’ll end up wondering where all the money went. As you may have heard with personal budgeting, “pay yourself first.” Well, it turns out that this rule applies to business budgeting as well! Or more realistically we will advise this:…
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Basics of Being Self-Employed

Basics of Being Self-Employed

Whether you’ve decided to strike out on your own and start your own business or you’re considering it, entrepreneurship is exciting, and it’s great to see people with that spark choosing to run things their way. We are so happy for you! But we can’t hold back from talking about some of the more serious stuff, too. There are three very important things you’ll need to do as a business owner to give yourself a solid foundation upon which to grow: Getting started legally, tracking your business income and expenses, and filing business taxes. Registering & Licensing Your Business Business…
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Student Loan Payments by Employer

Student Loan Payments by Employer

Does your employer know that they can pay down up to $5,250 of your student loans annually, without increasing your income taxes? This is the kind of benefit that really helps employees and many employers wouldn’t mind chipping in, so it’s certainly the kind of thing that more people should know about! Let’s start by covering essential information about the CARES Act that created this benefit, as well as some practicalities of the benefit itself, before discussing some other education-related benefits that may help. What is the CARES Act? The CARES Act (Coronavirus Aid, Relief, and Economic Security Act) that…
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