How to Prepare Financially for Hurricane Season 2025 As we edge closer to the 2025 hurricane season, it’s crucial to focus on not only our physical safety but also our financial security. The tropical storm season kicks off on June 1st and lasts until November...
Your content goes here. Edit or remove this text inline or in the module Content settings. You can also style every aspect of this content in the module Design settings and even apply custom CSS to this text in the module Advanced settings.Strategy 1: Frontload Your...
What Does RIA Stand For? A Beginner’s Guide to Registered Investment Advisors In the world of finance, understanding the various types of advisors and their roles is crucial for making informed decisions. One term that often comes up is "RIA," which stands for...
Unlocking Financial Management Success: 4 Cash Flow Strategies for Small Businesses Are you a small business owner? Do you struggle to pay suppliers on time or cover essential expenses? If this sounds like you, you’re not alone. According to SCORE, 82% of small...
Finding the Best CPA Near You for Your Small Business In the intricate world of small business management, financial expertise is paramount. But, for many business owners, dealing with tax laws, financial statements, and rules is hard. This is where hiring a...
The Benefits of Financial Consulting and Advisory Services for Small Business Owners Small businesses work in a fast-paced world. So, they need good financial planning, risk management, and investments. It's overwhelming to know that every move affects your profits...
How to Create a SBA Business Plan that Attracts Loans Starting a business is an exciting but challenging endeavor. One major hurdle entrepreneurs face is securing funding to launch their business. Many people choose Small Business Administration (SBA) loans. They have...
Major Federal Tax Due Dates 2024 Stay ahead of the game with these important tax dates to mark on your calendar: JANUARY 31st Send out FORM 1099-NEC to recipients and related 1096 to the IRS. Deliver FORM 1099-MISC to recipients. Hand out FORM W-2s to employees...
Importance of Financial Literacy Financial literacy is important for maintaining financial health. It involves understanding concepts like budgeting, saving, investing, and debt management. To be financially savvy, you must understand products and services. You also...
Managing Cash Flow: A Guide for Business Success Cash management is a fundamental piece of successful business operations. To have financial health, you need to know when and how to pay bills and manage cash flow. With careful planning, you can ensure that payments...
Preparing Your Small Business Finances for Year-End: A Luca Financial Guide Understanding The Importance of Managing Your Year-End Small Business Finances As the year concludes, both big and small business owners must assess their financial health. Managing your small...
10 Keys to Financial Success: The Comprehensive Guide to Building Wealth The pursuit of financial stability is a common goal that raises a pivotal question: "How to be financially successful?" Although the journey is complex, foundational principles and actionable...
Risk Management in Business In the ever-changing world of business, navigating uncertainty is more than a concern, it’s a necessity. It's an essential skill that empowers businesses to: Make informed decisions Seize opportunities Ensure long-term resilience How to...
Small Business Financial Planning Understanding the ins and outs of small business financial planning is crucial for success. Let’s dive into the world of financial management and explore: Key strategies Tips Best practices From budgeting to cash flow management,...
Rolling Over a 401k Rolling over a 401(k) is a smart financial move that lets you transfer your retirement savings from a previous employer's plan. It offers advantages like keeping your money tax-deferred and giving you more control over how you invest. When you roll...
2023 Small Business Taxes Part 2 Welcome to part two of our 2023 Small Business Taxes series, presented by Luca Financial. In part one, we covered essential tips and strategies for tax planning and compliance that apply to small businesses in Houston and Katy, TX. In...
Small Business Tax Tips To help small business owners in Houston and Katy, TX navigate the complexities of tax planning, this blog will provide a comprehensive guide on small business tax tips. Covering everything from essential tax tips for small business owners in...
IRS Filing Deadline 2023 The 2023 tax season is quickly approaching. This means every US taxpayer needs to file their taxes to avoid any penalties. This year the 2023 IRS filing deadline will fall on April 18, 2023. So taxpayers need to collect all their necessary tax...
Rent Out Your Home How to Get Tax-Free Profit Do you like golf? You will now because it can save you a lot of money on taxes. Have you ever heard of Augusta? If not, it is the most prestigious golf tournament of the year. They created a rule back in the day to help...
Financial Tips for Recession What is Recession? A recession is an economic downturn that involves a significant decline in economic activity over a sustained period. Making sure to prepare for a recession is crucial. Key economic indicators such as Gross Domestic...
How to Create a QuickBooks Owner Draw Account Deciding how to pay yourself as a small business owner can be a complicated decision, but it doesn’t have to be. Did you know that you can draw funds from your business to pay yourself through QuickBooks? This feature can...
Important Tax Dates Are you concerned about staying up to date on financial deadlines? Luca Financial is here to help you never miss these important deadlines. Below is a list of important dates: January January 15 – Make a payment of your estimated tax...
Save for College Using Your Taxes We all know attending college is very expensive even with student discounts. There are many things that factor into the cost of a college or university such as: A meal plan Living expenses School supplies Etc. How would you feel if...
Does a CFO Need an Accounting Background? For the short and simple answer, no! Financial accounting is no longer a prerequisite. The function of a Chief Financial Officer (CFO) is changing. In fact, the position of CFO is shifting away from having an accounting...
Financial Planning Begins With Tax Planning Understanding Taxes Taxes are an integral part of our lives, yet they often seem complex and overwhelming. Understanding the basics of how taxes work is crucial for financial planning and can help you make informed...
The 8 Major Differences Between a Controller vs CFO Making sound financial judgments requires more than knowing one’s current financial reports. It entails comprehending the past as well as all the possibilities ahead. To do their job, such experts need a special mix...