Credit Tips January 9, 2024

Understanding the Kiddie Tax: How Children’s Investment Income is Taxed

 While most taxpayers are familiar with the basic principles of income taxation, the rules surrounding children’s unearned income can be confusing and often overlooked.  What is the Kiddie Tax? The Kiddie Tax is a specialized tax provision that addresses a specific tax avoidance strategy commonly used by families.  This tax provision aims to prevent parents […]

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Business Funding Tips January 5, 2024

5 Essential Tax Tips for Small Business Owners

Whether you’re a budding entrepreneur or a seasoned business owner, these tax tips will empower you to navigate tax season and keep your business on the path to prosperity. How to Manage Your Taxes As a Small Business Owner Organize and Maintain Accurate Records When it comes to tax season, good record-keeping practices are the […]

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Credit Tips October 12, 2023

Revocable Living Trust & Taxes: A Comprehensive Guide

A Revocable Living Trust allows you, the creator, to amend it anytime you want. You can change or cancel its terms without anyone’s consent. It’s an excellent instrument you can use for estate planning. But what about taxes? If you’re wondering how revocable living trusts are taxed, you’ve come to the right place.  In this […]

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Credit Tips August 10, 2023

Managing Business Credit Scores in Times of Crisis: Strategies for Resilience

While it might not be the hero in a cape, your credit score is pivotal in helping your venture survive trying times like during a financial crisis. A high credit score will increase your chances of getting secured loans and favorable repayment terms from lenders. Ultimately, it can be the anchor that keeps your business […]

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