The Source

Do you own a cabin on the water? How about a luxury condo in the heart of Manhattan? If you own a vacation rental property, it could act as a tax shelter that saves you...

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The credit crisis of 2007-2008 scared off many investors. Due to the situation, these investors felt as though recovery would never occur. However, the market did recover and is currently booming. In fact, it may...

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One of the most essential steps to starting a business is setting your brand up as a legal entity. Many small business owners become overwhelmed with the different types of business structures available. However, most...

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Customers are the lifeblood of most businesses because they buy your products or services. Finding customers can be a challenge, but one that business owners can overcome. Getting new customers can be difficult, but the...

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Far more than a minor annoyance, late payments can significantly harm your business. In addition to the headache of chasing payments, having cash tied up in accounts receivable can hurt your cash flow. At best,...

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2020’s most reliable index fund options are those focused on low expense ratios, high diversification, and remaining on the rise during turbulent times.

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Petty cash is a convenient way to pay for small purchases. Many small businesses use a petty cash fund, as there are several reasons to do so. However, if you don’t manage your cash carefully,...

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If there’s one thing any taxpayer knows, it’s that an audit is bad news. Unfortunately for entrepreneurs, an audit from the IRS is especially complicated and potentially costly.

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When people start businesses, they're often excited by the freedom and potential to earn a significant income. What they tend to discover, however, is that success is hard work. It often shatters the excitement within...

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