Could Bad Debts Lower Your 2026 Taxes?
Could Bad Debts Lower Your 2026 Taxes? https://youtu.be/zIJxC7mpbGU Few things are more frustrating for a business owner than completing the work, sending the invoice, and never getting paid. Unpaid invoices and loans can create serious cash-flow problems, but in certain situations, a business may be able to turn an uncollectible debt into a tax deduction. […]
Lending to Family or Friends? Know the Tax Rules
Lending to Family or Friends? Know the Tax Rules https://youtu.be/_-R_xRDpvc4 Helping a family member or close friend financially can be a generous way to provide support when they need it most. Maybe they need money for a home down payment, want to start a business, or simply need temporary financial assistance. But when you lend […]
Single? You Still Need an Estate Plan
Single? You Still Need an Estate Plan https://youtu.be/axxPOB-LFJw Estate planning isn’t just for married couples with children. If you’re single and don’t have dependents, you may actually have even more reason to make your wishes clear. Without an estate plan, state law may determine who receives your assets, who handles your finances if you’re incapacitated, […]
Plan Now for Deferring Tax on Advance Payments
Plan Now for Deferring Tax on Advance Payments https://youtu.be/MpnIkhM4ANI For many businesses, receiving payments before providing goods or services is a normal part of doing business. Annual subscriptions, consulting retainers, gift cards, service contracts, and other advance payments can provide valuable cash flow—but they can also create an unexpected tax burden. As 2026 comes to […]
Choosing the Right Business Funding Solution
Choosing the Right Business Funding Solution https://youtu.be/z5mxon3uoTA Access to capital is one of the most important ingredients for growing a successful small business. Whether you need to cover a temporary cash flow shortage, purchase equipment, expand into a larger facility, or invest in new opportunities, having the right financing can make a major difference. However, […]
A New Type of Tax-Advantaged Account for Children
A New Type of Tax-Advantaged Account for Children https://youtu.be/WgeaWPrUpys Building wealth for your children or grandchildren has always been a top priority for many families. Thanks to recent tax legislation, there is now a new savings option designed to help families invest in a child’s financial future from an early age. Created under the One […]
Can You Deduct Elder Care Costs?
Can You Deduct Elder Care Costs? https://youtu.be/m-CmIdqvHio Caring for an aging parent or loved one is one of the most important—and often most expensive—responsibilities a family can face. Between nursing home costs, long-term care services, and ongoing medical expenses, the financial burden can quickly add up. The good news is that the IRS may allow […]
Revisit Your Emergency Fund Goals
Revisit Your Emergency Fund Goals https://youtu.be/pHfw0YmsnEM An emergency fund is the foundation of every solid financial plan. It provides peace of mind during unexpected events such as job loss, medical emergencies, business slowdowns, or major home repairs. But here’s a question many people overlook: When was the last time you recalculated your emergency fund? Many […]
How Renting Out Your Vacation Home Affects Your Taxes
How Renting Out Your Vacation Home Affects Your Taxes https://youtu.be/UDWWdRBdTIQ Owning a vacation home can be one of life’s greatest rewards. Whether it’s a mountain cabin, a lakeside retreat, or a beachfront property, many homeowners look for ways to offset ownership costs by renting their property through platforms like Airbnb or VRBO. While short-term rentals […]
Simple Retirement Solutions for Small Business Owners
Simple Retirement Solutions for Small Business Owners https://youtu.be/tnNCMdR55T8 Offering a retirement plan is one of the best ways to attract and retain talented employees while helping yourself save for the future. However, many small business owners hesitate because they assume retirement plans are expensive, complicated, and loaded with IRS paperwork. Fortunately, that’s not always the […]