Is Your HSA a Retirement Tool? The Good, The Bad, and The Ugly
Health Savings Accounts (HSAs) are a great way to pay for medical expenses, and since unused funds roll over from year to year, the account can also provide a source of retirement funds in addition to other plans like 401(k)s or IRAs. But be aware that HSAs have significant disadvantages when compared to other retirement investment tools.
Learn From the "Best Places to Work"
Google, Facebook and Southwest Airlines are among the top five companies on job search site Indeed’s “Best Places to Work for 2017” list. You may not have the resources of these large companies, but you can incorporate some of their ideas into your company’s culture.
Reap The Benefits Of Hiring Your Child For The Summer
Hiring your children to work in your business can be a win-win situation for everyone. Your kids will earn money, gain real-life experience in the workplace, and learn what you do every day. And, you will reap a few tax benefits in the process. Before you decide if hiring your child is the right thing for your business, learn if it can work for you.
A Marriage Penalty Lingers In The Tax Code
A marriage is worth celebrating, but bringing up the marriage penalty may bring down the celebration. The marriage penalty occurs in the tax code when you pay more tax as a married couple than you would as two single filers making the same amount of money. This occurs throughout the federal tax code. The following are two examples:
Zombie Payer – Keep Your Automatic Payments In Control
When it comes to paying bills, many people can’t imagine returning to paying and sending bills via the U.S. Postal Service. But, the “turn it on and forget it” nature of automatic payments can create zombie payers who no longer challenge or review the details and amounts of bills. Here are some ideas to keep this from happening to you.