Do US Taxes Differ for Expats Living Abroad?

Are you a US expat living abroad? If so, do you have a handle on the tax implications of being an expatriate? In other words, do you have to pay taxes when living outside of the USA borders? Or, at best, do you need to submit an annual tax return to the IRS, indicating gross income earned for the tax year, irrespective of where in the world you live and work?

Doing taxes

It seems to be common knowledge, or perhaps an urban legend, that all US passport or Green Card holders have to pay taxes in the country of their residence and the United States?…

Continue reading →

How has the Military impacted Logistics?

Throughout the past decades, the military helped revolutionize the world of logistics in a myriad of ways. Since military equipment and supplies must be transported from one place to another, it’s hugely important to create a comprehensive, fast and dependable logistics system that would work and deliver the value and results to support defense efforts nationally and internationally.

Military logistics

photo credit: The U.S. Army / Flickr

Key transport, warehouse management systems and logistics software have been a core component to the success of the modern day military.

RAND defines military logistics as, “Logistics—the transfer of personnel and materiel from one location to another, as well as the maintenance of that materiel—is essential for a military to be able to support an ongoing deployment or respond effectively to emergent threats.…

Continue reading →

How to Grow Your Small Business

Growing your small business is something you will do over the course of time, and you should not rush to do so too quickly. This holds true for any types of business. For instance, if you run an investing firm, trying to grow too soon you could make some risky decisions that make you susceptible to online stock trading scams.

Stock trading

While every small business wants to grow and to grow quickly, there is a right way and a wrong way to expand your company.

Growing too fast exposes you to Risk

If you try to get extra money quickly in order to expand you might make risky investments, which could expose you to online trading scams that end up taking all of your money.…

Continue reading →

Easy Ways to Establish Your Main Consumer Population of Interest

Marketing breakdown in essence is how you can market to your target audience while still being able to create the right marketing campaigns for each smaller subgroup within your target market. This gives you the ability to hone in on each of your segmented groups while creating a marketing campaign that will focus on reaching that particular segment.

Developing marketing strategy for establishing main consumer population of interest

How to Categorize

This can be categorized by subgrouping your target market by ages, gender, income, etc. However, your first step to marketing segmentation is identifying your key market. Your target market can be defined by identifying those that you want to reach and basing your marketing efforts on reaching that market.…

Continue reading →

The Difference Between a Finance Degree and an Accounting Degree

Are you trying to choose an undergraduate major or thinking about going back to school for a career change? If you have an analytic mind and enjoy working with numbers, you might want to consider a finance or accounting degree.

CEO earning a college degree

Finance and accounting are both math-focused careers that are integral to the success of all types of institutions. Finance and accounting degrees both afford great job security and job satisfaction. In fact, both professional areas are expected to see job growth of at least five percent over the next decade, according to the U.S. Bureau of Labor and Statistics. Those who work in finance and accounting can pursue diverse specialties in their fields, so there is plenty of opportunity for continued personal growth.…

Continue reading →

Tips On Selecting The Right Freight Forwarder

International freight forwarding and transportation can prove to be intimidating without the right professional agent taking care of all the shipping logistics down to the last detail. A wide range of businesses take advantage of freight forwarding services resulting in their ultimate success.

Freight forwarding

The world is ever-evolving. It’s rapidly becoming reliant on promptness, cost-efficiency, supply chain optimization, and consistency of service not only for those responsible for shipments but the importers/exporters and anyone involved in the supply chain. It makes it imperative to select a freight forwarder versed in international and domestic logistics. See this https://incodocs.com/blog/guide-choosing-the-right-freight-forwarder/ for guidance on making your decision.…

Continue reading →

Things Entrepreneurs Should Know When Starting Your Small Business

Starting and running a business is often overwhelming, especially for first-time entrepreneurs and employed individuals looking to escape the 8 am-5 pm employment. Most people venture into businesses in a bid to enjoy the freedom and flexibility of not working every day in confined offices, not reporting and adhering to strict rules, and the potential of making endless profits.

Young entrepreneur thinking

photo credit: Christina @wocintechchat.com / Unsplash

Unfortunately, despite the relief brought by starting your own business, the entrepreneurial journey is stressful and challenging. That said, take note of the following factors before starting your small business.

Identify the Nature of the Business

Identifying the nature of your business is the first step to a successful business idea.…

Continue reading →

5 SEO and Analytics Tips Every Business Owner Should Know

You’ve spent considerable time putting together niche expertise. This most likely involved supply chain management, competitor research, and market analysis. You’ve even worked on your SEO skills. Meta tags and website organization have quickly become second nature. However, there are five SEO and analytics tips you may not yet be implementing – and you need to.

SEO specialist

1. Set up and Use “Google My Business”

As one of the many Google support tools, Google My Business is completely free. You only go through the easy steps of setting up a free business profile to connect to Google Maps, Search, and a variety of other applicable Google properties.…

Continue reading →

Have The Courage To Go Against The Crowd

Many people believe that trading is simple and they try to follow the advice is given on the online platform. Although it is the largest financial center in the world, making a profit is not as simple as it seems. A lot of dedication, effort, and practice is required to make a successful career in currency trading.

Forex trading platform

The virtual industry implies that people from all over the world can access the designated platform but it also requires some level of knowledge before one can make crucial decisions regarding investment. Community plays a big part in Forex because beginners are fond of following such open groups.…

Continue reading →

The Corona Pandemic and the Heated Election: Which Industries Will Stay Afloat?

The economy was never going to be the same again with the outbreak of the coronavirus. We can all agree that the pandemic has had severe effects on the international economy.

Woman wearing mask

It has negatively affected the stock market and service industries like the travel and hospitality sectors. With all the travel restrictions and lockdowns in most countries, it was ever going to be business as usual. Even some of the most reputable firms have had to lay off workers to cut down costs. Several professional soccer teams had to convince their players to take a pay cut.

Unpredictable Future

If the coronavirus wasn’t enough, the 2020 elections came up to remind us that we aren’t yet done with the year 2020.…

Continue reading →