Considerations For Paying Off a Mortgage Early
For many, buying a home is the biggest asset they will ever own. However, you aren’t able to fully benefit from that asset until you pay off the mortgage; until then it is technically a liability. The most common…
How a No-Spend January Can Kickstart Your New Year
Here we go again. The new year is approaching and those resolutions are staring us in the face – and the most common? Saving money. In fact, according to…
Technology Trends for Businesses to Watch in 2024
The unrelenting advancement of technology is still going strong even as we enter 2024. The business landscape is poised for transformative changes, driven by ongoing developments that demand organizations to be innovative…
Relaxing Small Business Accountability and Supporting Veteran Homelessness and Substance Abuse Disorders
A joint resolution providing for Congressional disapproval under Chapter 8 of Title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to Small Business Lending Under the Equal…
The 2023 Tax Planning Guide
It’s that time of year again: time for year-end tax planning. With the end of 2023 coming fast, the time to act is now. In this article, we’ll look at the moves you can make to optimize your tax situation in 2023 as an individual taxpayer…
Wage Garnishment Considerations for Business Owners
According to the United States Department of Labor’s Consumer Credit Protection Act (CCPA), wage garnishments are a complex legal process for employers to account for when it comes to employment matters. This article…
How to Manage Taxes in Retirement
The biggest difference between managing taxes throughout your career versus during retirement is that when you are retired, you are responsible for calculating how much you owe and paying it on a timely basis. Retirees…
4 Smart Ways to Maximize Your IRA Contributions
Unless you’re near retirement, chances are you’re depositing a certain amount of cash each year in your IRA at tax time, then kind of forgetting about it, not thinking much about it until the next year. This dynamic can cost you a lot of…
Impact of Digital Currency on Businesses’ Accounting
The emergence of digital currency is reshaping how businesses operate and account for financial transactions. As accounting professionals navigate this transformative wave, understanding the profound impact…
Expanding Benefits for Veterans and Extending Government Funding Until Jan. 19, 2024
A bill to amend Title 38, United States Code, to extend and modify certain authorities and requirements relating to the Department of Veterans Affairs, and for other purposes. (S 2795) – This bill…