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"A certain account may seem right at the time but if your business increases in size you may outgrow it — without the ability to upgrade to a higher account.”
"Since most of us aren’t taught finance in school, we tend to learn about money through the choices made in our families..."
By: Synchrony Bank
"Without cash, there is no business. A bank will be a vital partner in your business and one that c an help or hinder your success, depending on who you choose..."
By: Mike Kern on Best Company
"The general ledger plays an important role to any payroll process for two main reasons [reporting and analysis]..."
By: Fit Small Business
"...if your debt carries about the same interest rate as the average return on the market, then it makes a lot of sense to pay it off rather than invest."
By: Best Company
Regarding EIN: "This way you don't have to give out your Social Security number to other businesses when they ask for your W-9 form, which is requested when you're hired..."
By: US Chamber of Commerce
"[The Simple Path to Wealth] is a book that can change how you think about early retirement, investing, and help you course correct to make it an actual possibility..."
"Time is the most valuable asset anyone can ever have," Mike Kern, a certified public accountant based in South Carolina, tells Money Talk News. "I would encourage..."
By: Money Talk News
"She taught me the importance of a minimalist lifestyle and living within your means. Although being frugal was important to her, so was being generous with others..."
"You need to be tracking your actual income and expenses down to the penny," says Michael Kern, a CPA and founder at..."
By: The Simple Dollar
On choosing your grocery store wisely: "That doesn't seem like a ton of money when looking at one item, but Kern says it can add up to as much as $200 per month..."
By: Work and Money
On bookkeeping services: "Quickbooks has a quick and easy certification class called Quickbooks ProAdvisor that will teach you everything you need to know..."
"When I tell people that I'm a CPA the very next question I always get is, "Can you do my taxes?!" The thing most people don't understand is that accountants do much more"
"Soft pulls are when you look at your credit score through a third-party app, like Credit Karma," says Michael Kern... "These types of credit checks have no impact on your..."
"Kern says that when you add up the mortgage, repairs, closing costs and insurance, it could end up being more than what you pay in rent. His advice? Rather than..."
By: Chime Bank
"My advice to someone who is planning on taking the CPA exam is to get into a routine. This is a marathon not a sprint - you'll need to have a set time every day for hiding..."
By: Credit Donkey
"...cutting $1 of expenses has more power than earning $1 of income. While both increasing your earnings and decreasing your expenses are things you should focus..."
"There are two types of credit checks - hard pulls and soft pulls," explains Michael Kern, a Certified Public Accountant and founder of [Talent Financial], a personal finance...
By: Apartment Therapy