The Great Resignation has resulted in many former employees considering or becoming their own boss. While this shift in one’s title is a level up in many ways, it comes with an increase of responsibility when it comes to paying taxes that many people aren’t aware of. This additional responsibility can actually provide benefits that

We’ve all seen the news about how some of the wealthiest people in America reduce their tax liability every year. This isn’t a benefit exclusive to the wealthy, it’s available to EVERYONE who takes time for tax planning! Tax planning is an essential part of wealth accumulation and sustainability. The purpose of tax planning is

Nowadays it’s more common for people to switch jobs or careers every 4.2 years than it is for them to stay at the same job until retirement. Whether you are a full-time employee, have a part-time hustle, are fully self-employed, or have employees of your own, it’s important to understand the different ways to plan

Thinking of transferring your real estate property to your business entity? While Fola Financial does not assist with real estate transactions, here is some insight to consider:You will have to transfer the deed for your property. A deed transfer can be done with a Quitclaim deed via a title company in the state of which