Multigenerational College Planning with a Family Dynasty 529 Plan
The College Savings 529 plan offers a way for modest-income families to save and invest for college expenses for their…
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How Secure 2.0 Will Impact Employers’ Tax Situations
The Setting Every Community Up for Retirement Enhancement 2.0 Act of 2022, otherwise known as SECURE 2.0, is a piece…
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Sold Your Home Last Year or Plan to in 2023? If So, Here’s What You Need to Know
The U.S. housing market has been extremely volatile over the past year. Year-over-year growth rates were at highs of 20.1…
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Overhauling the National Tax System, Eliminating Oil Sales to China, and Criminalizing Late Abortion Attempts
To rescind certain balances made available to the Internal Revenue Service (HR 23) – Introduced by Rep. Adrian Smith (R-NE)…
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How To Use Natural Language Processing To Improve The Efficiency Of Accounting Processes
Natural language processing (NLP) is a technology that allows computers to understand and process human language. Processing of natural language…
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Why You Might Not Need a New Budget for the New Year
So, we’re a month into 2023 and the sheen might’ve dulled from all your shiny, New Year’s resolutions. Though diet…
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401(k) Options After You Leave an Employer
Apart from the spike in inflation, 2023 ended the year with a relatively strong economy, boasting an unemployment rate of…
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Defining an Impaired Asset
When it comes to defining an impaired asset, its fair market value is worth less than the original cost of…
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Key Deadlines and Changes for the 2023 Tax Season
Every year, typically right after the new year starts, the IRS formally announces key dates and deadlines for the current…
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Expanding Options for Marriage, Defense, Medical Marijuana, Amateur Athletes and Rail Workers
Respect for Marriage Act (HR 8404) – Introduced by Sen. Jerry Nadler (D-NY) on July 18, this Act replaces previous…
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Handling Talent Shortages in Tech Departments
Technology advancement has brought about great digital transformation. Unfortunately, this has come with a global tech talent shortage. IT executives…
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5 Financial Resolutions You Can Live With
For the most part, New Year’s resolutions are hard to keep because many times you either list too many things…
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No-Heir Estate Planning
Even if you have no heirs, you should have an estate plan. Otherwise, the state will determine the fate of…
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Understanding the Weighted Average Cost (WAC) Method for Inventory Valuation
When it comes to businesses and their inventory and accounting methods for managing it, there are a few different ways…
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The IRS Versus the Taxpayer
According to the IRS, not only is your ignorance no excuse, but so is that of your tax preparer. In…
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Improving Federal Hiring Processes, Foreign Election Influence and Natural Disaster Protections
Disaster Resiliency Planning Act (S 3510) – Introduced by Sen. Gary Peters (D-MI) on Jan. 13,this Act details guidelines for…
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What is Datafication, and Should Business Leaders Take Notice?
Data has become a primary asset for businesses today. Consequently, the survival of a business in our data-driven environment is…
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Your Year-End Financial Checklist
Believe it or not, the year is coming to a close. If you want to finish strong and set attainable…
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Retirement Tax Planning For 2023
Although you might get busy with the holiday season, don’t forget to consider ways to strengthen tax efficiencies for 2023…
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Defining and Calculating Amortization
When there's a question of the benefit that tangible or intangible assets provide businesses, there are many factors that must…
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