High-current-income business owners can’t afford to sit still with the IRS loading up its audit and IT staff to drive federal tax revenue. Cash benefits plans can help lower tax burdens and build a ...

Many profitable small-business owners would like to have a retirement plan that can provide more than $50,000 of deductible contributions to the owners and other key employees.A defined-benefit plan ...

The petty cash fund is an effective way to manage smaller expenses in the office without having to submit a formal requisition every time. By keeping a small amount of cash on hand, you can make ...

Petty cash is a system that funds and tracks small purchases such as parking meter fees that aren't suitable for check or credit card payments. A petty cash book is a ledger kept with the petty cash ...

This article was originally published in the Research Portal for Morningstar Office. In these turbulent times, many older investors are finding that they are more risk averse than they thought they ...

ATTENTION TO DETAIL: In addition to the necessary licenses, contractors should strongly consider obtaining training on financial basics, including understanding cash flow, balance sheets, income ...

The ending balance of a cash-flow statement will always equal the cash amount shown on the company's balance sheet. Cash flow is, by definition, the change in a company's cash from one period to the ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Michael Logan is an experienced writer, ...