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A simple guide for small business owners who want to pivot successfully. If you buy something through our links, we may earn money from our affiliate partners. Learn more. When you hear the word “pivot“, what does it make you think? If you ask me, it makes me want to stick a fork in my
Workplace retirement plans are one of the best deals around. Contributions to a 401(k) plan are pre-tax, so, the more you put in, the lower your taxable income (and, therefore, how much you pay in taxes). Further, companies often offer an employer match, which is essentially free money toward your retirement savings goals. Yet, 17%
Key Findings A typical American household with four cell phones on a “family share” plan, paying $100 per month for taxable wireless service, would pay nearly $300 per year in taxes, fees, and government surcharges—up from $270 in 2020. This year, wireless subscribers will pay approximately $11.3 billion in taxes, fees, and government surcharges to
Everything has changed since the COVID-19 pandemic. Not just in terms of legislation and tax laws, but also in terms of what clients need from their accountants today — and that’s business advice. The problem is many accountants don’t consider themselves advisors. They struggle to understand the definition, let alone provide the service. It’s hard
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Kieferpix | iStock | Getty Images Time out of work — either planned or not — can have a major impact on your retirement savings. In September, there were still 2.7 million Americans who had been unemployed for 27 weeks or more, according to the latest jobs report from the U.S. Bureau of Labor Statistics.
We need more women and people of color in the accounting industry. So, are we doing enough to make that happen? For nearly two years, the chorus has been growing for more inclusivity and increased diverse representation at executive levels in tax departments, the broader C-suites and corporate boardrooms. Around the globe, corporate leaders have
Ben Rains takes a look at where the broader market stands as Wall Street prepares to enter the busy portion of the third quarter earnings season during the week of October 11. The episode then dives into two technology and modern entertainment companies, Netflix (NFLX) and Snap (SNAP), ahead of their Q3 financial results next
Note: The following is the testimony of Daniel Bunn, Tax Foundation Vice President of Global Projects, prepared for a EU Parliament Subcommittee on Tax Matters hearing on October 11, 2021, regarding the impact of national tax reforms on the EU economy. Thank you for the opportunity to testify today. My name is Daniel Bunn, and I am Vice President
MoMo Productions | DigitalVision | Getty Images Everyone wants their kids to be happy and successful. Teaching them about personal finance and economics can help make that happen. In fact, the lack of that education can be devastating. It can lead to credit card and student loan debt, living paycheck to paycheck and not saving
This column converts an excellent article by John P. Napolitano, chairman and CEO of U.S. Wealth Management, into a checklist that could be used to advise clients. John’s column was about preparing clients for their exit from their business. I liked what he wrote and am presenting a summary here in checklist format with some
quavondo | E+ | Getty Images For lower-income Hispanic and Latina mothers, affordable and accessible child care would be a lifeline. As the country celebrates National Hispanic Heritage Month, it looks like that may soon become a reality. Democrats have set a deadline of Oct. 31 to enact President Joe Biden‘s economic agenda, which includes
Yesenia Scheker Izquierdo Yesenia Scheker Izquierdo was named New York office managing partner and New York metro leader at KPMG, becoming the first woman to lead the Big Four firm’s New York office. Anchin, New York, was ranked No. 4 on the Society for Human Resources Management’s Best Companies to Work For in New York
In this article GOOGL FB PTON Shannon Stapleton | Reuters Rising oil prices, the prospect of the Federal Reserve dialing back its easy-money policy and tension among lawmakers in Washington are just a few of the factors behind the latest bout of volatility in the markets. Top analysts are sticking by these names amid the
McBride Inlet in Alaska’s Glacier Bay National Park, which ParkSleepFly rated as America’s most underrated national park. Andrew Peacock | Stone | Getty Images Ever since Covid-19 first made social distancing a thing, Americans looking to escape lockdown boredom and work-from-home isolation have sought out open spaces at the country’s 63 national parks — and
Business owners who already operate one or more limited liability companies or who are thinking about starting multiple businesses may ask about holding companies. In working with entrepreneurs across the U.S, my business filings company has found that various situations and factors influence how business owners structure their companies and whether they decide to pursue
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The pandemic has been a financial wake-up call for many and it has caused them to rethink their plans around work and retirement. In a recent report, 36%, of Americans said that they will never have enough money to be able to retire. Even more — roughly 41% — said their ability to be financially secure in
A vast overhaul of corporate taxation won support from 136 countries, as nations resolved key differences over the level of a global minimum rate and an end to new digital taxes that the U.S. has deemed discriminatory. The group includes all nations in the Group of 20, European Union and Organization for Economic Cooperation and