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Thinking of Franchising Your Business? These Are Some Pros and Cons

When your business continues to grow and becomes a popular staple within your area, you may start thinking of franchising out your business. Some of the pros to franchising your business is established brand and financial assistance when you need it, but you have limited control and less freedom.

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New Income Tax Brackets Released for 2020

The IRS has recently released the new income tax brackets for 2020. Tax rates will remain the same, however, income limits have been slightly adjusted to make up for inflation. For single filers in the 12% tax bracket they had an income of between $9,701 to $39,475, now the income is $9,875 to $40,125.

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Looking To Retire? These Are The Least Tax-friendly States For Retirees

As a retiree, you are usually on a fixed income and not making as much as you were when you were working and some states are just too expensive to continue to live in. "Kiplinger's State-by-State Guides to Taxes" on retirees shows you which are the states you should look to settle in and which to stay away from.

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