A liquid asset is cash on hand or an asset that can be quickly converted into cash. They may be referred to as cash equivalents because the owner is confident the assets can easily be exchanged for cash at any time. The asset must meet several requirements before it can be considered liquid.
Life insurance is a great way to look after your loved ones. You can support them in life with the confidence that they will not be left out in the cold after you’re gone.
INDEPENDENCE DAY WITHIN US Here we are in July, and all of the Fourth of July celebrations here have been canceled.
THE SHIFTING TOUCHSTONES OF OUR LIVES Hi, June friends. How’s it going? Is it over yet?
Involving family members in your business isn’t a course of action to take lightly. If you are considering this option, it is best to approach it as seriously and professionally as you would any other business venture.
Timely planning is necessary to preserve the assets you have worked so hard to accumulate and to protect your loved ones.
Conservation easements can be helpful as a means of reducing income taxes and lowering the value of estates for tax planning purposes.
Entrepreneurs know that it is also prudent to build a personal investment portfolio apart from the investment in their own company.
Each form of property ownership has specific implications, and, when assessing a method, the benefits gained must be balanced against the benefits lost.
As more and more jobs require travel, it could be to your benefit to seek professional advice in order to avail yourself of the deductions applicable to your individual situation.
