What Is Inventory Financing?

Inventory financing is a type of short-term loan that is used to finance the purchase of inventory. The loan is typically secured by the inventory that is being purchased, and the loan is repaid when the inventory is sold. Inventory financing is a popular financing option for businesses that have a lot of inventory turnover, … Read more

What Is Income Shifting?

Income shifting is the process of transferring income from one person or entity to another in order to reduce the overall tax burden. This can be done through a variety of means, such as gift-giving, investing in tax-advantaged accounts, or taking advantage of tax loopholes. The main reason for income shifting is to reduce the … Read more