Accounting

SARS distributed a media release last week including the statement that “SARS has an obligation to both taxpayers as well as to the fiscus to ensure that fraudulent and invalid claims are stopped.” They have asked South Africans to be patient this tax season and not expect tax refunds to […]

If you want to start your new business or if you wish to expand the existing one, it is advisable that you should apply for a small business loan as quickly as possible. It is vital that small businesses are not eligible for this type of fund and it is […]

Drug use in Canada is prevalent to non-existent depending on what you define as a “drug.” Eleven per cent of the Canadian population “has a problem with drugs or alcohol” according to a CBC survey, but this does not include people who use drugs recreationally without “a problem.” That number, […]

The proper planning and formation of the FLP is critical, but there are certain events that must be avoided or you might risk invalidating the FLP. If the person or persons transferring assets into an FLP is in a terminally ill situation, the IRS can invalidate the FLP as it […]

The more rapidly that your business expands, the greater the need for working capital becomes. If you have insufficient working capital – the money necessary to keep your business functioning – your enterprise is doomed to fail. Many businesses, that are profitable on-paper, are forced to “close their doors” due […]

Homeowners who have missed many mortgage payments and want to apply for a loan modification need to be prepared to make an initial payment to their lender. In some instances, when you apply for a mortgage loan modification, your lender may ask for a good faith deposit. You need to […]

Back in the days of TV sit-coms (situational comedies) with a lesson there was Lavern and Shirley, Gilligan’s Island, Brady Bunch, Happy Days and I Love Lucy. These were much different than today’s sit-coms or our hard to figure out reality TV shows (pointless). Some event in the beginning was […]

It is good enough to say that time is not loyal to anyone. Investment decisions in the current market scenario have to be taken after a careful analysis. Your decisions should not leave you red faced at the end of the day when you need your invested money so importantly. […]