Financial
Year-End Prep: 5 Key QuickBooks Online Tasks Before January 1st
Submitted by Desmond Wealth Management, Inc. on December 11th, 2023December always seems to fly by. In just a few short weeks, the holidays will be over and it will be time to welcome the New Year. The holiday season brings personal obligations, but for retailers, it's also the busiest time of the year. Even if you're not in the retail business, you probably have sales goals or other metrics to meet before 2024 arrives.
Have You Gotten Bad Tax Advice From Novices?
Submitted by Desmond Wealth Management, Inc. on October 27th, 2023Top 10 Legitimate Tax Strategies Every Physician Should Know To Safeguard Their Finances
Submitted by Desmond Wealth Management, Inc. on October 16th, 2023Recently, the Internal Revenue Service (IRS) has markedly intensified its efforts to uncover instances of tax evasion, leaving no room for tax dodgers to go unnoticed. A striking case that serves as a stern reminder of this heightened scrutiny involves Dr. Fares J. Rabadi, a dedicated physician based in Los Angeles. Dr.
Unsung Money Mentors: The Legacy Dan Wheeler Left Us
Submitted by Desmond Wealth Management, Inc. on March 3rd, 2023All the Signs That You May Need Some Assistance With Your Bookkeeping
Submitted by Desmond Wealth Management, Inc. on February 4th, 2023Especially in the early days of a business, it can be natural to want to handle as many day-to-day tasks yourself as possible – bookkeeping included. Sometimes, it's in an effort to save money. Often, entrepreneurs just feel like they're in a better position to handle everything themselves. Regardless, this situation does not seem to play out regularly.
Common Family Tax Mistakes
Submitted by Desmond Wealth Management, Inc. on December 27th, 2022Last-Minute Year-End Tax Strategies
Submitted by Desmond Wealth Management, Inc. on December 4th, 2022Six Financial Best Practices for Year-End 2022
Submitted by Desmond Wealth Management, Inc. on November 22nd, 2022Managing Gains and Losses in a Turbulent Year
Submitted by Desmond Wealth Management, Inc. on November 15th, 2022It's been a rough Fall for the stock market - so much so that you should probably carefully review your portfolio and other capital transactions to minimize gains or maximize losses for the year. Remember, capital gains and losses are not just limited to stock transactions. For example, stock losses can offset the gain from the sale of a rental.