Month: April 2013

Tax elections give you choices

Choices. They’re everywhere. In tax law, choices are called elections, and they can have consequences for your current return, as well as prior and future year returns. You may not even think of some tax choices as elections, such as…

Give your graduate some financial lessons

It’s unfortunate, but many schools — including institutions of higher learning — spend little time educating their charges about the fundamentals of personal finance. Some kids view credit cards and loans as pipelines to free cash. Some never learn to…

Safeguards for reducing employee theft

The U.S. Commerce Department estimates that American companies lose $20 billion to $40 billion annually to employee theft. It’s a huge problem, and small retail businesses tend to suffer disproportionately. Why? Smaller firms often operate on razor-thin profit margins. As…