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...
Deciding how to pay yourself as a small business owner shouldn’t be a headache. Whether you are a Sole Proprietor or an LLC, an owner’s draw is often the most flexible way to access your profits. However, many owners mistakenly record these draws as...
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...
For the short and simple answer to whether a CFO needs an accounting degree, no! Financial accounting is no longer a prerequisite. However, the function of a Chief Financial Officer (CFO) is changing, evolving away from needing a purely technical accounting background...
