🖨 Print⏱ 4 min readThe IRS is currently suffering a severe backlog in processing returns from 2021 for the 2020 tax year. As of Dec. 31, there were still more than 6 million unprocessed individual returns with notices and pending refunds. There are a few things every taxpayer should know that can help them navigate … Continue reading “What Every Taxpayer Needs to Know This Season”
🖨 Print⏱ 5 min readAccording to the U.S. Small Business Administration and Project Equality, 60 percent of business owners plan to cash out of the business in the next 10 years. For the baby boomer generation, it’s especially important as they contemplate retirement, with this generation reportedly owning 2.3 million businesses. When it comes to … Continue reading “Considerations When Selling a Business”
🖨 Print⏱ 4 min readIf you really want to make impact in your new grad’s life, make an investment in his or her future with a 529 College Savings account. There are two versions: an investment account and a prepaid account. Assuming you are opening an account now and don’t have time for investment growth, … Continue reading “Give a College Savings 529 Plan For Graduation”
🖨 Print⏱ 4 min readYou may or may not have heard of the 50/30/20 budgeting rule, but it’s a good one – one that will help make organizing your finances a lot simpler. The basic idea is to divide up your after-tax income and allocate it to spend this way: 50 percent on your needs, … Continue reading “The 50/30/20 Budgeting Rule Explained”
🖨 Print⏱ 4 min readCybersecurity experts estimate that there is a ransomware attack every 11 seconds. This makes it a challenge to individuals, businesses, and even governments. In ransomware attacks, cybercriminals encrypt a victim’s network or data, making it inaccessible until a ransom is paid. Despite organizations’ efforts to reduce the attacks, cybercriminals also are … Continue reading “The Rise in Ransomware Attacks and How to Keep Safe”
🖨 Print⏱ 4 min readConsolidated Appropriations Act, 2022 (HR 2471) – This legislation will fund the federal government through September 2022, but also includes a plethora of other bills folded within for the purpose of quick passage by both the House and Senate. Among them is the reauthorization of the Violence Against Women Act and … Continue reading “Banning Masks, Banning Russian Oil, Making Lynching a Federal Hate Crime and Saving Sunshine”
🖨 Print⏱ 5 min readAccording to the U.S. Chamber of Commerce, the level of usage and data swirling around the internet is expanding at an accelerating pace. The amount of data on the internet globally during 2020 amounted to 3 trillion gigabytes; and 2022’s traffic is expected to increase to 4.5 trillion gigabytes. As a … Continue reading “How Businesses Can Stay Current with the Digital Economy”
🖨 Print⏱ 4 min readOne of the easiest ways to save for retirement is to participate in an employer-sponsored retirement plan. You simply select a percentage of your paycheck that you would like transferred to your 401(k) (or similar) account. Not only does your employer make the transfer for you, but it comes out of … Continue reading “How To Maximize the Potential of Your 401(k) Plan”
🖨 Print⏱ 4 min readTaking over your aging parents’ finances is not easy. But it’s something that can be handled in an organized, compassionate way. Here’s a roadmap that shows how to embrace it and do the right things for everyone involved. Start the conversation early. Right now, your parents might not need any help. … Continue reading “How to Manage Your Aging Parents’ Finances”
🖨 Print⏱ 4 min readMetaverse has become a buzzword with much debate on its potential implications once it is fully realized. As far as businesses are concerned, the metaverse presents new opportunities and challenges, especially for marketing, branding and communication professionals. Understanding Metaverse Metaverse became a hot topic thanks to Facebook announcing its rebrand to … Continue reading “What Does the Metaverse Mean for Businesses”