Monthly Archives: October 2014

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28 10, 2014

Investing In Your Business

By | 2014-10-28T06:00:06+00:00 October 28th, 2014|Blog, Business Advice|Comments Off on Investing In Your Business

True entrepreneurs understand the idea of investment and are willing to look at the long term goals in their buying decisions. Over the years I chose to invest in many things and people to see growth, change direction and sometimes just for mental health. It’s taxing (no pun intended) to be a sole-owner and that [...]

7 10, 2014

Hiring Family Members in a Family Business

By | 2014-10-07T14:54:50+00:00 October 7th, 2014|Blog, Business Advice, Tax|1 Comment

In today’s tough job market, students seeking part-time employment, young adults looking for full-time employment, and college graduates looking to begin their careers are finding it difficult to land a job. The family business may be the only place for some family members to find work, even if only temporarily until another opportunity arises. Financially, [...]

1 10, 2014

Know the Rules before You Break Open Your Retirement Piggy Bank

By | 2014-10-01T14:43:39+00:00 October 1st, 2014|Blog, Tax|Comments Off on Know the Rules before You Break Open Your Retirement Piggy Bank

If you are looking for cash for a specific purpose, your retirement piggy bank may be a tempting source. However, if you are under age 59½ and plan to withdraw money from your Traditional IRA or qualified retirement account, you will likely pay both income tax and a 10% early distribution tax (also referred to [...]