Of all the letters one could receive in the mail, notification of an IRS audit is probably ranked really low. While some taxpayers are selected for random audits every year, the chances of that happening…

Designing your business’s credit policy Business clients often prefer to be billed for purchases rather than paying upfront. That means you may need to establish receivable accounts for most business-to-business transactions. Unfortunately, it also means…

You can save more for retirement next year using tax-advantaged accounts, thanks to a boost in the maximum 401(k) contribution rate by the IRS. The maximum rate increases by $500 to $18,500, which is the…

The pros and cons of paying off credit cards with a HELOC According to a 2017 American household credit card debt study, the average American household with credit card debt has a balance exceeding $15,000….

Alloy Silverstein’s Tax Tip of the Week If you commute back and forth to work every day, you typically can’t deduct any of your travel costs, such as gas for your car or commuter fares….

It’s a nightmare scenario few small businesses consider: hackers breach your computer system, steal your customer lists and threaten to exploit sensitive data. Data breaches by malicious individuals don’t just pose a financial risk. They…

We’re almost three full months into 2018 — how are your New Year resolutions holding up? Are you completely satisfied with your financial situation? All of us think about how we could improve the way…

Starting your own business can be equal parts thrilling and intimidating. Complying with regulations and tax requirements definitely falls into the later category. But, with some professional help, it doesn’t have to be that way….