Edwards Consulting, LLC

Are you considering installing a solar system in your home? Here's a homeowner's guide to the federal tax credit for solar photovoltaics.

Homeowner’s Guide to the Federal Tax Credit for Solar Photovoltaics This guide provides an overview of the federal investment tax credit for those interested in residential solar photovoltaics, or PV.

4 Ways to Minimize Your Taxes

4 Ways to Minimize Your Taxes | www.financialhotspot.com Taxes are inevitable! Like most taxpayers, you are probably wondering how you can minimize the amount you owe. Your income is taxed at the local, state, and federal levels, not forgetting additional deductions to cover Medicare and Social Security. While tax situations differ for every individual, t...

When you claim business meals as a business expense, you need to have what the IRS calls "sufficient evidence." That means a receipt from the place where the meal occurred. It should include:

5 Facts You Should Know About Compound Interest

5 Facts You Should Know About Compound Interest | www.financialhotspot.com If an investment or loan accrues compound interest, its interest is calculated using the sum of its initial principal plus any previously accumulated interest. You can think of this concept t as "interest on interest" that will make your money grow faster than simple interest. Suppose you deposited....

Cluttered records with endless bits of paper will make it a nightmare to do the books with valuable information all over the place. Keep them organized so you know exactly what to look for without wasting time.

Keep dates and deadlines in mind while creating reminders so you’re not doing the books the night before. Contact us today so that we can help get your bookkeeping done is a timely manner.