You may have a teen in your family who holds down a part-time job or works full-time during the summer. You can help your child lay the groundwork for future retirement security early on by encouraging your child to open an individual retirement account (IRA). You may, or may not, get some resistance, especially if your child has other plans for spending the money. However, you should persist since the benefits can be significant over the long term. Here are some points you can bring up as … [Read more...] about Help Your Working Teen Get a Jump-Start on Saving
certified management accountant
8 Accounting Tips Every Small Business Owner Should Know
As a small business owner, you probably think about tracking expenses and keeping up with tax deductions, but these aren't the only critical accounting tips you should know. Whether you've been in business for a while or you're a new start-up entrepreneur, read on for our 8 best accounting tips. 1. Outsource your bookkeeping. For every business, bookkeeping is critical. This essential task is keeping organized records of your business's income and expenses. If you're like most small business … [Read more...] about 8 Accounting Tips Every Small Business Owner Should Know