Blog

When your business is in its early stages, there are many things that you have to learn as you go. But building your business’ credit should not be one of them. We’ve put together a few simple tips that will help you build good business credit.  

There are numerous financial deadlines throughout the year, and they can be difficult to keep track of. To simplify it we put together some of the most important deadlines that you should add to your calendar for 2021.

‘Tis the season of giving and, as the end of the year approaches, it is also the time to make year-end tax saving moves. Regardless of the tax benefits, giving back to your community, especially after the devastating year we’ve had, can truly change people’s lives.

Year-end is quite possibly the most hectic time for small business owners, and 2020 is no different. It is time to look back on the year to measure how the business did, even if the year unraveled differently than planned, and begin planning for 2021.

The price of food has hit the highest levels since 1974. US consumers are beginning to face the worst bout of food inflation in decades. As an American, you are accustomed to living in the land of plenty but you could be facing issues with food supplies in the coming years.

In hopes of stimulating the economy during the COVID-19 pandemic, the federal government passed the CARES Act, that not only provided aid to those in need but included changes to your retirement plan. As we near the end of 2020, we wanted to provide you with the latest information on how the CARES Act impacts you, your retirement, and your taxes.

Starting your own business is not an easy task. It comes with many challenges and obstacles, preventing many people from even trying it. For those who do set up their own shop and make a go of it alone, there can also be many benefits. Paying fewer income taxes is one of the most powerful.

Most people couldn’t bear the financial hardships resulting from unexpected events, such as a major house fire, a car accident, a disability or the premature death of a family breadwinner, which is why one of the most important components of a financial plan should be your personal risk management strategy.

For much of our history, retirement in America was defined in terms of its relationship to full-time participation in the work force. An individual would work until a certain age and then leave employment to spend time on personal endeavors.

When it comes to planning for retirement it's never too late to get started. At JMB Financial Managers we recognize that despite our best efforts, sometimes life gets in the way our retirement planning and savings efforts. No matter what your current situation is, we’ve got retirement planning tips to guide your through your 40s and beyond.