The financial fallout from misusing business funds can be drastic. When you redirect funds for personal use, it disrupts cash flow. This mismanagement makes it harder to pay employees, vendors, and fulfill other obligations. Research shows that businesses that face cash flow problems struggle to survive, with only 60% lasting beyond the first three years.

Whether you’re just starting out, in growth mode, or already running a full-time operation, this episode is a must-listen. It’s not about working harder, it’s about working smarter and ensuring that your business actually supports your life, not the other way around.

Financial flexing is the act of spending money to project an image of wealth or success even when your finances say otherwise. It’s when your credit card balance grows in the name of “treating yourself,” and when your savings shrink so you can post the perfect vacation photo. And while there’s nothing wrong with enjoying the fruits of your labor, there is a problem when the desire to impress becomes more important than the desire to build true wealth.

Taxation in the U.S. is a complex system that includes federal, state, and local taxes.

Prepare your taxes safely and securely this tax filing season.

As the clock strikes midnight, 2025 arrives, bringing fresh potential and new opportunities. Happy New Year, everyone! Amid the joy of...

Adjusting your tax withholdings using the IRS Withholding Calculator is a great way to ensure you withhold the correct amount of taxes.

The IRS has announced various updates for the 2024 tax year that affect individual and business taxpayers. Here are some of the key tax...

Gross income, also called gross earnings, is the total amount of money earned before any deductions, taxes, or expenses are taken out.

Here's a quick tutorial to show you how easy it is to save while you earn. The "how much" is based on your personal situation and goals.

Saving money can sometimes feel like a difficult task, especially when you’re juggling bills, unexpected expenses, and everyday needs.

In the realm of taxes and financial management, staying organized and informed is key to maximizing your benefits and ensuring...

When embarking on a business venture, one of the decisions that business owners need to make relates to the business structure. Two...

Tax Tip 2024-73 The Heavy Highway Vehicle Use Tax is an annual federal excise tax on heavy highway motor vehicles that operate on public...

Tax Tip 2024-68 An educational assistance program is an employer’s written plan to provide employees with undergraduate or...

Tax Tip 2024-69 Free tax filing options are available to taxpayers who requested an extension of time to file their federal taxes....

Warning Signs of Tax Preparer Fraud Promises of Large Refunds:  Be cautious if a preparer guarantees a large refund before seeing any...

Tax Tip 2024-67 There are  two education tax credits  designed to help offset education costs: the  American Opportunity Tax Credit  and...

3 things to do for your mid-year financial review.

Is YOUR Financial "Check Engine" Light On?