Sharing the virtual world
Entrepreneurs and the self-employed who want to maximize their income tax deductions would do well to remember the acronym HELP when filing taxes. Short for Home Office + Equipment + Logbook + Postage, four of the best ways for independent contractors to reduce their taxable…
I recently participated in the wedding of a very good friend of mine. I knew you wanted to pay for travel, lodging and meals, but how? It was relatively easy for me. Not only am I a certified Pathfinder Coach, but I am also an…
If you form a limited liability company (LLC) out of your business, this is a great way to protect your personal assets from your business liabilities. Incorporation protects your own property, if a judgment is entered against your business. Also, forming an LLC gives you…
Today’s industry is saturated with Gold and Gold IRA companies presenting themselves as the number one players in the segment and promising returns that sometimes seem to offer someone the moon. In an environment where clients have already lost a lot of faith in the…
Introduction: The Financial Accounting Standards Board (FASB) on August 17, 2010 published its “exposure draft” that requires companies to record nearly all leases on their balance sheets as a “right of use” asset and a “payment. future lease – corresponding liability “. . What does…
The tradition of anticipating summer (Western) feature films with the best special effects show from Hollywood’s best 3D animation studios will never establish a large following were it not for the invention of the sci-fi literary genre. Science fiction, as it is more fondly called…
Before making an important decision, prudent managers assess the situations they are faced with and often fall into the trap of wrong thinking. Researchers have identified a number of flaws in the way we think when making decisions. They are embedded in our thought process,…
Credit cards are a double-edged sword. People are addicted to plastic crack. They buy things they don’t need to impress people they don’t like. Plastic money has Americans hooked. Card ads are everywhere. How bad is it? By some statistics, the average American household has…
A non-profit organization issues a slightly distinctive set of financial reports than the reports generated by a for-profit entity. One of the reports is different from that of non-profit organizations. Although non-profit companies are not legally required to issue annual financial reports. Still, many nonprofit…
Investing in real estate in Panama by renting the properties can be very profitable. However, the laws of leasing real estate are old and confusing for foreigners. Here is a summary of Panama’s leasing laws: The Civil Code of 1917 copied the Spanish Civil Code…