• Accounting Calculator Taxes

    Understanding Taxation for Entrepreneurs in Norway

    Taxation is one of the most fascinating economic and political concepts in the modern age, primarily because it’s often a huge bone of contention among citizens despite the role that it plays in driving state revenues and funding significant aspects of public spending. It’s often the rate of taxation that provides such a challenge to political parties (particularly in the UK), as although governments must impose taxes as a way of funding infrastructure spending, individuals and businesses tend to look on high levies as being oppressive and damaging to growth. However, the same cannot be said in Norway and similar Scandinavian nations, which are widely considered to be among the…

  • Retirement Money

    The Five Questions to Ask Before Retirement

    Every new beginning is an end to an important chapter of your life. When you come across such crossroads, you are bound to meet confusion and uncertainty about what lies ahead. There are questions whose answers you search for when you start a new job, move to a new city or country, or pull plugs on your career. Retirement time in your life is the time when you can reap the rewards of your lifelong efforts at the pace you want. Many put their dreams on hold till the time of retirement because they do not wish to be burdened with the worries of earning, returning to work or to…

  • Paperwork
    Accounting,  Corporate Law,  Finance

    Which Entrepreneurs Need to Fill Out an ITIN Application?

    Many entrepreneurs aspire to start a small business in a country outside of their own. However, to start a business in the United States, you typically need a social security number (SSN) to get started. An individual taxpayer identification number (ITIN) is an alternative to an SSN for foreign entrepreneurs who may not meet the requirements to get an SSN. An ITIN will allow you to file income tax returns, start a business in the US, and apply for small business financing. You can learn more about ITIN in this Camino Financial post. Let’s take a look at who needs to fill out an ITIN application and how it can…

  • Business Law Money
    Corporate Law

    Common Legal Issues Faced By Modern Businesses

    No matter what sort of business operation you’re heading, you will face legal snags at some point along your journey.  The most important aspect to conquer is to think ahead. Protect your business entity from legal afflictions by informing yourself now.  Learn a bit about some of the most common legal issues faced by modern businesses, and take steps to prepare your business for the possible impact of these complications. Carefully consider the legal structure of your business In the beginning stages of the formation of your business entity, it’s important to fully understand the choices available.  You will need to choose whether to set your business up at a…

  • Life Insurance

    6 Reasons You Need to Start an Emergency Fund Today

    Everybody needs to start putting money into an emergency fund. You’ve probably heard it a thousand times but haven’t done anything about it. It’s one of those things that youb’ll get around to at some point, but right now it doesn’t seem that urgent. The reason that people put off starting an emergency fund is that they don’t realize how important it is until it’s too late. People also think that if they’ve got other savings, it’s fine. But if those savings are for retirement, you don’t want to dip into them either. All of a sudden an emergency hits and you’re thinking, if only I’d listened to that advice…

  • Taxes Accounting
    Tax Law

    Tax Law: 3 Big Don’ts

    Here we are. It’s tax season again. Many people are looking forward to the changes that President Trump made to the tax laws. Just as many are dreading it. Nonetheless, every year, it is a mandatory opening chapter the lives of almost every American. Most see this as the time of year the government comes in and takes even more from us than they already have. Some of the lucky few look forward to huge returns. Others are thankful for the two or three hundred they might get back. However, if you are one of the many that are getting ready to file, there are some things that you should…