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• ‘Master’ The Augusta Rule and Save Money on Your Taxes

  Posted Date May 1, 2024 Posted Time 12:00 am Published in Service2Client

  🖨 Print⏱ 3 min read Anyone who lives in a highly seasonal tourist destination knows you can make money on short-term rentals during events and festivities in your city or town. Think high concentration, short-term, tourist-driven events such as horse racing season in Saratoga Springs, N.Y., or The Masters Tournament in Augusta, Ga. As a result, it is common for locals to get out of dodge and rent out their place during these highly lucrative periods. Typically, this is just for a very brief period while they are on vacation somewhere else themselves, for instance. Given these circumstances, Congress realized... View Article

• Part 2: Pre-Retirement Planning Guide

  Posted Date May 1, 2024 Posted Time 12:00 am Published in Service2Client

  🖨 Print⏱ 5 min readThere are many steps to planning for retirement. Some are legal and financial, some are about communication, and some involve introspection – thinking about your life now and how you want to live the rest of it. By the time most people start thinking about a retirement plan, they have a pretty decent foundation. Perhaps its assets – a house, savings, a retirement portfolio. Perhaps a strong social network comprised of family, friends, and colleagues. Furthermore, most folks have a sense of who they are, what they like, and what they don’t like. Some people may... View Article

• Factors to Consider when Choosing Customer Relationship Management Tools

  Posted Date May 1, 2024 Posted Time 12:00 am Published in Service2Client

  🖨 Print⏱ 4 min readCustomer relationship management (CRM) plays an important role in documenting, tracking, and managing relationships and interactions with existing and potential customers. It allows businesses to develop stronger customer connections, improve retention, boost sales, enhance customer satisfaction, and drive long-term profitability and growth. Luckily, technological advances have made it possible to have CRM tools that automate these processes. With numerous options available in the market, it’s crucial to carefully evaluate the factors influencing the selection of the right CRM tool. 8 Factors You Should Consider When Choosing a CRM Tool CRM tools are built differently, and it... View Article

• How to Calculate Operating Return on Assets

  Posted Date May 1, 2024 Posted Time 12:00 am Published in Service2Client

  🖨 Print⏱ 3 min readDuring Q3 of 2023, businesses in the United States made approximately $3.3 trillion, according to Statista. This is right behind the third quarter of 2022, when corporations in America made even more money. These figures are the net income of the respective periods, according to the National Income and Product Accounts (NIPA). With profits reaching all-time highs since Q3 of 2012, understanding how businesses can analyze their profitability ratios through the Operating Return on Assets (OROA) ratio is another helpful tool for number crunchers. Defining OROA This calculation helps business owners and analysts determine how well... View Article