To keep business operations running smoothly, you need incoming money. When you make a sale or earn money from another activity, you need to record it. Learn how to record the types of revenue in different accounts. That way, you can keep your accounting books updated, organized, and legal. What is revenue? Revenue, or sales, […]
Archives for 2024
5 Ways You Might Be Cheating on Your Taxes — And Why You Will Get Caught
Are you cheating on your business taxes — or thinking about it? Think again.
How do you manage your restaurant front of house effectively?
Running a successful restaurant requires adept and skilled management of both front and back-of-house. It’s a tightrope you have to walk, but walk it you must to encourage repeat business and smiles on dials. The front of house, which includes everything from customer service to payment collection, plays an extremely pivotal role in shaping your […]
Americans think they’ll need $1.5M to retire, but their savings are nowhere near that
The “magic number” Americans think they’ll need for a comfortable retirement went way up this year — but their actual savings went down.
Kitces & Carl Ep 135: Do Experienced Financial Planners Have A Professional Obligation To Create Job Opportunities For The Next Generation?
In its most recent report on U.S. Advisor Metrics, Cerulli Associates predicts that 37.5% (or nearly 110,000) of financial advisors will retire over the next 10 years. And given the industry’s ongoing evolution away from being primarily sales-based and towards a more robust profession driven by deeper service models and long-term client/advisor relationships, many in […]
Aegon urges Govt to consider early State Pension access
Pension provider Aegon is calling on the Government to consider introducing a more flexible State Pension age and early access to avoid the harm to some people of further “significant” increases in State Pension age up to 74. Aegon believes that giving some people in need access to a reduced pension up to three years […]
Make the most out of your Xerocon London trip
It’s with great excitement and anticipation that we announce the winner of Xero Australia’s Xerocon London partner competition. One lucky partner and a guest of their choosing will be treated to flights and accommodation to London and tickets to attend this year’s Xerocon London on 12 – 13 June. So, the moment of truth. The […]
Ex-Morgan Stanley advisors’ $3M win could open floodgates to deferred comp claims
The lawyers representing the claimants in a recent FINRA arbitration case say they have scores of clients still seeking to secure pay they contend they’re owed after departing for another firm.
Supreme Court to decide estate tax impact of life insurance in closely held businesses
This term, the Supreme Court will answer the questions regarding the estate tax treatment of life insurance proceeds received by a closely held business and its shareholder redemption obligations. It heard oral arguments last week.
The $1tn ‘hold-to-maturity’ sleight-of-accounting – Financial Times
The $1tn ‘hold-to-maturity’ sleight-of-accounting Financial Times