🖨 Print⏱ 4 min readAccording to the Internal Revenue Service (IRS) and the National Federation of Independent Businesses (NFIB), almost one-third of companies see penalties due to payroll issues. Understanding a few examples, according to the NFIB, of how companies can better comply and avoid penalties is essential to smoother operations. Underpayment of Estimated Tax … Continue reading “How to Reduce Common Payroll Errors”
🖨 Print⏱ 4 min readOver the years, millions of individuals have been affected by data breaches, where their sensitive data is accessed by unauthorized cybercriminals or publicly exposed. A data breach can result in huge financial loss if stolen data is used to compromise consumer identity, which also can affect a credit score. Unfortunately, there … Continue reading “What Actions Can Data-Breach Victims Take?”
🖨 Print⏱ 3 min readPrivate companies, both large and small, are feeling the tax pinch due to changes in the law. With rampant inflation, labor shortages, lingering supply chain issues, and increased borrowing costs due to rising interest rates, tax problems are the last thing struggling companies need to face. While tax rates themselves remain … Continue reading “Increased Tax Bills Hitting Private Companies Big and Small”
🖨 Print⏱ 4 min readThe thrill of summer travel is always invigorating, but the prices to get there can be a real bummer. But not to fear. We’re here with some smart tips that will help you navigate in this price jungle and have a wonderful, memory-filled getaway. Plan Way Ahead Even though you can … Continue reading “6 Ways to Travel on a Budget”
🖨 Print⏱ 4 min readThe Continuing Appropriations Act, enacted at the end of 2022, included several provisions that impact retirement plans going forward. Specifically, the legislation enacts SECURE 2.0, an updated version of the Setting Every Community Up for Retirement Enhancement Act of 2019. The following provisions are financial planning considerations that affect individuals. Increases … Continue reading “New Personal Finance Provisions in the 2.0 Secure Act”
🖨 Print⏱ 3 min readFiscal Responsibility Act of 2023 (HR 3746) – This Act represents a compromise reached by House Republicans and President Biden. Republicans negotiated concessions in exchange for voting to raise the debt ceiling to maintain the solvency of the federal government. These concessions included universal cuts to federal spending, the suspension of … Continue reading “Raising the Debt Ceiling, Protecting Air Travel and Repealing the Iraq AUMF”
🖨 Print⏱ 3 min readManagerial accounting is a form of internal reporting that helps business owners and others involved in the organization’s decision-making. It looks at individual processes and products to see how they are functioning via practical data points. This is done in hopes of applying data analysis to improve the business’ operational efficiency. … Continue reading “How Businesses Can Identify and Increase Efficiency with Managerial Accounting”
🖨 Print⏱ 3 min readThe end of the federal emergency declaration for Covid-19 came on May 11. As a result, there are various public health policy changes. For example, vaccines and treatments will remain available, but at-home tests may no longer be covered by insurance, and national CDC data reporting is subject to change. Administratively, … Continue reading “End of Covid Emergency Declarations Put Work from Home Benefits at Risk”
🖨 Print⏱ 4 min readSummer is here, and so are all the activities. But as we know, these activities cost money. Here are a few ways you can still have fun and, while doing so, save some cash. Look at Your Calendar Summer months are filled with holidays, birthdays, cookouts, weddings – the list goes … Continue reading “7 Tips to Save Money This Summer”
🖨 Print⏱ 4 min readSome economists and market analysts have been predicting a U.S. recession ever since last fall. They’ve been wrong before – but they’ve also been right. Rather than try to predict how the stock market will react during the next recession, investors are better off planning for a range of potential outcomes. … Continue reading “How To Recession-Proof Your Portfolio (Just in Case)”