What Are NFTs and How Can Businesses Benefit?
Non-fungible tokens (NFTs) are rising in demand, and some brands are already generating great results in their campaigns and providing a unique experience to customers. As the hype around NFTs…
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Health Savings Accounts Fill Multiple Tax Needs
The Health Savings Account (HSA) is one of the most misunderstood and underused benefits in the Internal Revenue Code. Congress created HSAs as a way for individuals with high-deductible health…
How Will the Federal Reserve’s Quantitative Tightening Impact Markets?
Starting June 1, the Fed began reducing its balance sheet holdings of U.S. Treasuries by $30 billion a month for three months. Thereafter, it will double its reduction of U.S….
If You Want to Maximize Your Social Security Income, You Need to Start Planning Now
According to one recent study, about 27% of people in the United States between the ages of 55 and 67 years old have less than $10,000 saved for retirement. If…
October Extended Due Date Just Around the Corner
If you could not complete your 2021 tax return by April 18, 2022 and are now on extension, that extension expires on October 17, 2022. Failure to file before the…
How Social Security Benefits Are Affected by Earned Income
Thanks to the Great Resignation trend over the past year, there is a high availability of jobs. Therefore, now is a good time for retirees who would like to go…
How to Protect Yourself When Selecting Investors For Your Startup
Any seasoned entrepreneur will tell you that coming up with an idea for a startup is ultimately the easy part of this process. Figuring out how you’re going to get…
4 Common Depreciation Methods and Their Uses
Depreciation is the accounting concept that evaluates an asset’s useful life. As the Internal Revenue Service (IRS) explains, depreciable property – which could include equipment, structures, means of transportation, fixtures,…
Life Changing Events Can Impact Your Taxes
Throughout your life, there will be certain significant occasions that will impact not only your day-to-day living but also your taxes. Here are a few of those events: Getting Married…
How to Drive and Get the Best Fuel Efficiency
We’re all feeling the pain at the pump. Unless you decide to walk, bike, or take public transportation, you might feel stuck. But all is not lost. Here are some…