We provide scalable accounting services for businesses of all sizes. Call us today for a free consultation to find out how we can help. Mark Dicus and Company is you premier choice for Accounting services whether you are here locally in the Las Vegas area or anywhere in the world. If you are looking for an experienced US based firm, then look no further.


We provide a comprehensive range of services in the areas of financial management, operations, risk management, strategy and technology. We offer a customized approach to our services that's based on your needs. Additional business services include: Bookkeeping, CFO Services, Cash Flow Management, Strategic Business Planning, Tax Strategies, and more.


We can assist in managing and minimizing all aspects of our client's tax liability, including, but not limited to, Federal, State and transfer taxes. Advance planning results in substantial benefits and allows time for developing alternative tax strategies. We also provide businesses period-end closing, financial statement preparation and budgeting on scheduled.

What is the Difference Between Good & Bad Debt in Paradise, NV? Mortgage, Loans, Credit Cards & More

There are many people that think about debt as nothing but a bad thing. While you can quickly get into trouble with too much debt, debt is something that isn’t so cut and dry. In fact, you can make debt work for you and that is when you can see that debt is sometimes beneficial. Knowing the difference between good debt and bad debt is vital. Mark Dicus & Company is here to talk about the difference between good debt and bad debt, so you have the information needed to make a smart financial decision.

Knowing What Debt is Good is Important

If you have taken on debt that has the ability to help you attain your financial goals, it is considered good debt. Part of what makes debt good or bad is the way that it is managed. You need to be focusing on whether or not the payment makes sense, pay the payments on time, using your credit responsibly and so on. Some examples of good debt include:
– Mortgage: Taking out a loan to purchase a house will help you build your personal wealth. They are building equity and can lead to a higher net worth. The interest paid on a mortgage is usually tax deductible which is helpful around tax season.
– Student Loans: Some people find that it is necessary to finance their education. This can be good debt because it can assist you in finding employment that will have potential earnings. Student loans often have a lower interest rate as well which is usually tax deductible.
– Small Business Loans: When your business is just getting up and running, a small business loan makes sense. You need to weight the financial risks of your business before taking out a loan though.
– Personal Loans: Sometimes, taking out a small personal loan to consolidate debt for a lower interest rate can be beneficial. If it is an unsecured loan, you won’t have to have collateral to secure the financing.

Understanding Bad Debt

If you are taking on debt that isn’t working with you or is difficult for you to repay, it isn’t good debt. You always need to consider your debt to income ratio before taking on any debt. Some examples of bad debt include:
– Unaffordable Debt: It is important to make sure you can handle the payment on any debt that you take on. If you can’t afford the payment, don’t do it.
– Payday Loans: These short term loans have high interest rates and are never a good idea.
– Affects Credit Negatively: Your credit score in an important piece of information. If the debt is going to have a negative impact on your credit score, don’t do it.

Bookkeepers, Accountants & More in Summerlin, North LV, Henderson, Lone Mountain Village & Greater Las Vegas, Nevada

If you are looking to improve your overall financial situation, you want to make sure you’re making wise financial decisions. You can turn to Mark Dicus & Company to help you plan for the future. Call us today!

Accounting, Consulting & Tax Services in Greater Las Vegas NV, Cedar City UT, Seattle WA, San Francisco CA, Milwaukee WI & More