Experts March 29, 2024

Financial Readiness Part 2

Last week I wrote on article titled “Financial Readiness Checklist:  Part 1.”  I was inspired by Eric Upchurch in a meeting where Eric described the mission of ADPI and his goals for this community.     Eric explained to our team here at NCH how important it is for our military community to be financially ready.  Eric […]

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Financial Readiness Checklist!

Financial Readiness is making sure your “house” is in order.  Preparing for the best and preparing for the worst.   Investing in real estate or owning a business isn’t complicated, it just needs to be done right.  Here’s the Checklist:       Revocable Living Trust & Will:  We’re all going to die someday, and when the good lord takes […]

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How To Hire the Right CPA

About this time of the year, you’re getting your w-2’s and 1099’s in the mail.  I’ve got some pointers for you to choose the right CPA.   If you’re a w-2 employee, own your own home, have children, go ahead use H&R Block or TurboTax. However, if you have rental properties and/or business activity, hire a […]

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Business Funding Tips March 28, 2024

Understanding Tax Debt: How It Works and What You Can Do to Resolve It

What Is Tax Debt Relief? Tax debt relief refers to strategies and programs designed to reduce or eliminate the amount owed to the IRS by taxpayers who cannot fully pay their taxes. This can occur for various reasons, including financial hardship, unexpected life events, or errors in tax filing.  The primary goal of tax debt […]

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Business Funding Tips March 25, 2024

A Beginner’s Guide to Understanding & Preparing an Income Statement

But how do you make sense of it? This guide will walk you through preparing an income statement, its components, and its significance in financial reporting. What Is an Income Statement? Also known as a profit and loss statement (P&L), an income statement is a financial document that summarizes a company’s revenues, expenses, and profits […]

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