Blog

June 15, 2018
Why Wait? Start Tax Planning Now – Foster Financial

Tax season seems to sneak up on us each spring, making the first few months of the year frantic as businesses attempt to scrounge for all their receipts and invoices. Taking the extra steps throughout the year to ensure you're prepared for the season can make a significant difference.

June 13, 2018
HSA Contribution Increases for 2019 – Foster Financial

The new contribution limits to health savings accounts (HSAs) for 2019 have been announced. The changes are small; an extra fifty dollars for self-only contributions (up to $3,500) and one hundred dollars for family contributions (up to $7,000).

Close up of business documents stack on businessman background. Spring Clean Your Finances concept
May 03, 2018
Spring Clean Your Finances – Get Your Business Organized – Foster Financial

Ahh, springtime. With the longer days and warmer weather, it's the perfect time to clear out the cobwebs and get organized for the upcoming busy months. Spring cleaning isn't just for your home -- it can mean a refresher for your finances too

Online Sales Tax: Close-up Of White Shopping Cart On Dollar Banknotes
April 27, 2018
Online Business? How To Simplify Your Sales Tax – Foster Financial

States and countries have been involved in a push lately to collect sales tax from online sellers that are not present in their state, resulting in a rash of services that promise to take care of the tax requirement for small businesses. Short of resorting to paying a third party to do it for you, how can you keep your sales tax simple?

April 26, 2018
Cash Flow Budgeting: Simple Solutions for Long-Term Success – Foster Financial

In household finances as well as in business, aim to have more coming into the bank than going out.

It's that simple--especially if you plan ahead.

Life doesn't have to be as complicated as we make it. Forget the "10 Fundamentals to Money Management" and the "8 Essential Habits of Financial Wizardry." Assets and expenses and liabilities and the financial statements that comprise them all come down to one thing: positive monthly cash flow.