Month: August 2016

Emergency savings — how much is enough?

Figuring out how much to set aside in a rainy day fund isn’t a one-size-fits-all proposition, though the rule of thumb of three to six months of living expenses is a reasonable guideline — and one that is widely disregarded.…

Are you familiar with these tax code sections?

While the tax code sometimes seems like a foreign language, understanding  the lingo can help you make informed decisions. The good news: You probably know more tax code sections than you think. Here are three you may be able to…

Shrink your company’s shrinkage!

If a significant portion of your company’s balance sheet consists of inventory, you may find that “shrinkage” — the variance between physical inventory counts and amounts recorded in your company books — is the culprit behind declining profits. A little…

New rules help fight tax fraud

In tax law, new rules can seem arbitrary and annoying, especially when what used to take only a few steps now requires many more. But with financial crimes on the increase, recent changes to the way you interact with the…