🖨 Print⏱ 3 min readSmall Business Reorganization Act of 2019 (HR 3311) – Scheduled to take effect starting in February 2020, this new law offers small businesses more agreeable terms when filing for Chapter 11 bankruptcy status. The bill gives owners: More time (90 days) to file a reorganization plan with easier rules for extension … Continue reading “Debt Relief for Military Service Members, Veterans, Family Farmers and Small Business Owners”
🖨 Print⏱ 4 min readIt might seem odd, but it is possible to get the IRS to give you a straight-forward and binding answer to ambiguous tax positions in advance. How does this happen, you ask? The answer is through an IRS private letter ruling. IRS private letter rulings provide many benefits, but they are … Continue reading “How to Get the IRS to Pre-Approve Your Taxes”
🖨 Print⏱ 6 min readBiometric technology has been on the rise as it promises to make the authentication process more secure and convenient. Unlike passwords and key cards, biometrics are something you will always have, can’t share and can’t forget. This makes the biometric approach convenient and at the same time it has lower password … Continue reading “The Rise of Biometrics Security and Why You Should Take Precaution”
🖨 Print⏱ 3 min readSustaining Excellence in Medicaid Act of 2019 (HR 3253) – This bill authorizes appropriations through fiscal year 2024 and makes changes to several Medicaid programs and funding mechanisms. Some of the provisions include allowing state Medicaid fraud control units to review complaints regarding noninstitutionalized patients; temporarily extending Medicaid eligibility to protect … Continue reading “Extending Medicaid Funding, the Debt Limit, Membership into the American Legion, and Support For 9-11 Victims, Law Enforcement Officers, and Breastfeeding Moms”
🖨 Print⏱ 4 min readComing out on the winning side of a lawsuit as a plaintiff can be a gratifying feeling, especially if there is a financial settlement involved. There is likely a sense of both relief and vindication. Unfortunately, far too often people are in for a shock when they realize that they must … Continue reading “The Five Key IRS Rules of Taxation for Lawsuit Settlements”
🖨 Print⏱ 4 min readWhen it comes to an employer’s responsibility for non-exempt workers, according to the U.S. Department of Labor, there are many requirements businesses must follow related to payroll. In one example, there are strict regulations on what information employers must document for each non-exempt worker. While there’s no requirement on how the … Continue reading “Payroll Management Tips”
🖨 Print⏱ 5 min read If you have a relative who recently died and left you in charge of his or her finances, you are not alone. You probably have colleagues at work in the same boat. A neighbor or two (or 10) and even your millennial yoga teacher might very well be working through … Continue reading “Lost Inheritance: How To Find a Deceased Parent’s Assets”
🖨 Print⏱ 3 min readJust when you’ve finished spending a bunch on swimsuits and stuff for grilling out, summer’s over and it’s time for the kids the head back to school. How did this happen? Here are some ways to cut expenses while shopping for all those inevitable, seemingly never-ending things that the season demands. … Continue reading “5 Money-Saving Ideas for Back-to-School Shopping”
🖨 Print⏱ 4 min readWhen it comes to tracking incoming sales and outgoing expenses, there are many ways businesses can keep up with their invoices and implement strategies to reduce the time they spend on unpaid sales. Accounts Receivable Turnover Ratio Simply defined, the accounts receivable turnover ratio is a way of showing what percent … Continue reading “Understanding and Applying Accounting Reports and Ratios”
🖨 Print⏱ 4 min readLaws regarding retirement savings plans don’t change all that often or all that much. Occasionally, new regulations are issued mandating disclosures that no one ever reads – and inflation-adjusted contribution limits tend to inch up each year. However, there is one phenomenon that has been increasing over the past decade, and … Continue reading “Proposed Changes For Retirement Plans”
