Don’t let ‘ghost assets’ haunt your bottom line
It’s that time of year to clear away old equipment from your financial statements so you are not haunted by unused and out-of-date equipment that can suck the life out of your bottom line. Unused equipment is commonly referred to as a “ghost asset.” Ghost assets are fixed assets that remain on the financial statement […]
Six things to remember when donating to charity
Whether it’s sponsoring an event, contributing to a worthy organization or donating items to a charity, many people give throughout the year. But, there are several things to remember when it comes to tax time. First, in order to claim a charitable deduction on your tax return, you must do two things: Have a bank […]
