by mariettacp | Sep 6, 2013 | Money Tips
Many small start-up businesses are off-and-running before any record system has been set up. There is money deposited into the new business checking account, some from invested funds and some from sales. There has been money paid out for equipment, supplies, etc.,...
by mariettacp | Sep 3, 2013 | Money Tips
As mentioned in our previous post, it is quite common for individuals to engage in other activities aside from their work, and earn extra cash for it. These activities range from freelance writing to selling crafts, and even to more technical hobbies like graphic...
by mariettacp | Aug 30, 2013 | Money Tips
After all the advice you’ve received about saving for retirement, taking money out of your traditional IRAs and other qualified retirement plans may feel strange. Yet once you reach age 70½, the required minimum distribution (RMD) rules say you have to do just...
by mariettacp | Aug 27, 2013 | Money Tips
A well-diversified portfolio spreads out your investment risk. However, you can easily end up with more eggs in one basket than you intended. Here are some investment tips. Look at the big picture. The assets inside and outside your retirement plans should be...
by mariettacp | Aug 27, 2013 | Money Tips
There are several factors that can help you determine whether to treat an activity as a hobby or business. The difference between the two is a bit subtle, but the implications on your taxes, are quite clear. Since even the IRS admits this matter can be a little...