Good Record-keeping Helps New Business Owners Avoid Tax-time Headaches
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Elderly Parents Moving In? Here Are Two Tips For Getting Your Home Ready
As Baby Boomers age, many are finding it more cost effective to live with their adult children. While there are many benefits to having your parents move in with you, making room for them in your home can be challenging. Here are two tips for preparing your house to meet the needs of your elderly parents. Turn Their Room into a Comfortable Retreat Your parents have likely lived independently for decades, so moving in with you may have a negative impact on their self-esteem, especially if they are suffering from health problems that have robbed them of their mobility or mental acuity.
I have been a business owner for years, and I want to share some tips for success with new entrepreneurs out there who are struggling. I have had my share of business ups and downs, but there was one lesson that it took me way too long to learn: Good financial record-keeping year-long keeps tax time from being so stressful. During my first year in business, I kept most business expense receipts, but when tax time arrived, I found out that I needed to save much more than just those receipts. Thanks to technology, I was able to recover most of the documentation I needed, but it was a huge headache. I quickly invested in good record-keeping software and it made tax time much less stressful during the following years.