The sale of a business usually creates a sudden cash windfall that can create a substantial tax liability if the transaction isn't executed strategically. If you will soon sell a business, here are some strategies that you can use to minimize your tax liability on the sale. Postpone the Sale for One Year If you've owned a business for less than one full year, try to w
The main goal of retirement planning is to secure long-term income, beyond your working years. Annuities are a great income stream that you can rely on, yet they are sometimes overlooked as an option. If you are in the process of building a solid plan for your future, here are some of the helpful details about annuities that you should keep in mind. You Have to Commit
With the average cost of attendance for a public college hitting $26,590 for the 2019 school year, parents are searching for options to help them prepare for education-related expenses. One alternative that can be used to save for college is a certificate of deposit (CD). A CD is a savings product that requires you to invest your money for a certain period of ti
Did you know that money is one of the top things that couples fight about? Did you also know that when couples cannot resolve money disputes, the issues could potentially lead them to divorce? If you are married and fight with your spouse over money, you should seek help. You can do so by hiring a couple's money management coach. A money management coach can help you
Many people understand that productivity affects cash flow, but not nearly as many people remember that cash flow also affects productivity. When a business is strapped for cash, it often becomes harder for them to meet their production goals. Learn how a cash flow problem can hurt your business, and how to resolve this costly issue to improve the success of your comp