• Accounting Calculator Taxes
    Finance

    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…

  • 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…

  • 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…

  • Money Travel
    Travel

    A Financial Guide to Moving Abroad

    Moving overseas is perhaps the most exciting, challenging, and life-changing decision you will ever make, but before you go, there are important things for you to consider. You’ll have an awful lot of planning to get out of the way before you fly, and you’ll need to ensure that your finances are fully in order before you jet off to your new home. On that note, here are a few top tips to help you… Currency Fluctuations, Bank Accounts, and Transaction Fees Before you move abroad, it’s important to put your finances in order, and you need to start by finding out how exchange rates and inflation will affect your…

  • City Office Business People
    Management

    Great Ways To Save Money Without Losing Quality

    In business, it’s important to work towards ways to save money and reduce costs. You need to do this to stay competitive in an economy that is always changing and expanding. There are plenty of situations where an expensive business model could put your company in a dangerous situation. An example would be a price war. During a price war, competing businesses drop their prices in the hope of pushing one or more businesses out the market. It’s happened plenty of times. In fact, you could say that high street retailers are constantly in price wars with online alternatives like Amazon. Amazon is always offering the cheaper deal on new…