It’s never too late to save money, even if you’re in the final hour of the tax year. There are things that an individual taxpayer can do at the last minute that have the potential of saving money, namely:
It’s not unusual for a family member to provide financial assistance to another family member by giving the recipient money to meet a need — i.e. to help purchase a home, pay for medical expenses, etc.
Financial ratios are metrics that help measure the health and performance of a business. Such ratios help tell the story behind what’s disclosed in the company’s financial statements, and they are relevant for both small and large businesses. They are also referred to as Key Performance Indicators (KPIs).