Running a small business means wearing a lot of hats: CEO, HR, janitor, IT “expert,” and sometimes therapist for your employees when the coffee runs out. With all that, figuring out a retirement plan might not be at the top of your list. But here’s the reality: the right retirement plan not only helps you save for your future but also makes your business more attractive to employees (and keeps the IRS happy). So, let’s break down the common retirement plan options available to small business...

Charitable giving can be more than a generous act. It can also be a strategic part of tax planning, estate design, and building a long-term legacy. Whether you're donating appreciated stock, converting a taxable asset into income, or planning for heirs and causes you care about, there’s likely a giving vehicle that fits your goals. Here are five of the most common charitable giving tools in use today. Donor-Advised Fund (DAF) A donor-advised fund is a charitable account you set up through a...

Running a business or working as a 1099 independent contractor offers flexibility, opportunity, and autonomy. But it also introduces a layer of complexity that can blur the line between personal and professional finances. Whether you're just starting or have been in business for years, it's worth revisiting how your business activity impacts your long-term financial health. Here are ten key questions to help you evaluate the strength of your financial strategy: 1. Is your personal financial...