Author: DKSCPA

How to Afford a Home in a Tough Market

So, you’ve saved up and it is finally time for you to buy a home. Then you learn that the housing market has gotten expensive and competitive. Will you still be able to afford a home in a tough market? With increased interest rates on mortgages and inflated home prices, homeownership may seem unattainable. However, with some smart advanced planning, you can achieve this dream sooner than you think. There are a number of strategies you can capitalize on in order to be able to afford a home, and they fall into three main categories: creating more income, seeking...

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How to Prepare Your Business for a Recession

If you run a small business, you know it’s important to be prepared for all financial scenarios that might crop up. As we’re likely about to enter a recession, you might be wondering how you can prepare and protect your business from the difficulties a recession brings. Between your employees, your clients, and the actual running of your business, you want to have a plan in place to ensure you can meet everyone’s needs. Here are a few ways you can prepare your business for a recession or whatever the economy throws its way. 1. Prepare to Lower Financial...

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How to Prepare for Tax Day All Year Long

Tax Day may have passed, but that doesn’t mean you should stop thinking about taxes. Whether you were happy with your tax return or you were disappointed to find you owed taxes this year, there are actions you can take throughout the next twelve months to be even more prepared for tax season next year. If you want to stay financially savvy and on top of your taxes, read on for some easy ways to prepare for Tax Day all year long. 1. Be Aware of Your Dependents and How You File If you file taxes as the head...

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6 Simple Ways You Can Organize Your Finances

Spring cleaning season has officially hit, and that means diving deep into organizing anything and everything. So why not take the opportunity to organize your finances? You may not think of your finances as something that needs organizing, but that couldn’t be further from the truth. When your finances are not organized, it is easy to miss a payment or overspend in an area of your budget or not have a clear idea of how much you should be budgeting in a particular category in the first place. With organized finances, you’ll find it easier to save and easier...

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