🖨 Print⏱ 4 min readReceiving restricted stock units (RSUs) may seem straightforward, but the tax and financial planning complexities can catch many employees off guard. Understanding these key strategies might help you avoid costly mistakes and optimize your financial outcomes. 1. Manage Tax Withholding at Vesting The most common pitfall with RSUs is inadequate tax … Continue reading “Restricted Stock Units: 5 Essential Tax and Financial Planning Strategies”
🖨 Print⏱ 4 min readIf you’ve ever longed for a remote job but weren’t sure how to make it happen, then take note. Not only are all these jobs work from home (WFH), but they also provide training. Some even provide the equipment and steady hours right from the start. Whether you’re between jobs or … Continue reading “7 Remote Jobs That Provide Training”
🖨 Print⏱ 4 min readYoung adults may not see much reason to purchase life insurance, especially if they have no dependents and/or a partner who makes plenty of money. However, there are several reasons why folks in this situation would want to consider various forms of life insurance. To Pay Off Debt Let’s say your … Continue reading “Young Adults: Why Buy Life Insurance?”
🖨 Print⏱ 4 min readOne Big Beautiful Bill Act (HR 1) – Introduced by Rep. Jody Arrington (R-TX) on May 20, this bill passed in the House on May 22, the Senate with changes on July 1, and once again in the House on July 3. Signed into law on July 4, this bill includes … Continue reading “The Big Beautiful Bill, Rolling Back Public Television and Radio, and Regulating the Cryptocurrency Industry”
🖨 Print⏱ 3 min readWhen it comes to businesses and asset depreciation, there are many types available, such as straight-line, units of production, double declining balance, and sum of years digits. While these aren’t the only ones, they are available via the IRS code and help businesses reduce their taxable income. However, under certain circumstances, … Continue reading “Understanding Depreciation Recapture”
🖨 Print⏱ 3 min readRight smack dab in the middle of summer might seem like the worst time to think about your taxes, but it’s actually the perfect time. Here’s what taking a pause in July allows you to do. Get Organized Do you have all your receipts? Are your records up to date? Did … Continue reading “6 Reasons for Mid-Year Tax Planning”
🖨 Print⏱ 4 min readThe rapid pace of technological change, particularly the integration of artificial intelligence (AI) in daily workflows, is reshaping the global economy and the nature of work. Today’s digital divide is no longer limited to internet access in underserved communities. The divide has now become a business risk impacting productivity, inclusion, and … Continue reading “Addressing the Digital Divide within the Workforce”
🖨 Print⏱ 4 min readHALT Fentanyl Act (S 331) – On Jan. 30, Sen. Bill Cassidy (R-LA) introduced this bipartisan act in order to close a loophole that allowed clandestine drug manufacturers to evade illegal drug laws by altering the chemical composition of fentanyl. The legislation permanently classifies all versions of fentanyl as a Schedule … Continue reading “Preventing AI Deepfakes, Deterring Fentanyl and Foreign Aggression, and Strengthening Small Businesses”
🖨 Print⏱ 2 min read Part 2 In this second part of our two-part series on the One Big Beautiful Bill Act (OBBBA), we examine the legislation’s impact on businesses, trusts, and estates. In addition, we will look at its overall economic impact. Estate Tax Changes The federal estate tax exemption receives a significant boost … Continue reading “One Big Beautiful Bill Act: Part 2 – What the New Tax Law Means for Your Business”
🖨 Print⏱ 4 min read Running a small business often means working with a mix of people: some full-time staff, part-time helpers, seasonal workers or project-based contractors. While this flexibility helps manage costs and workload, it creates a crucial decision point that many business owners underestimate: properly classifying each worker. The stakes couldn’t be higher. … Continue reading “Navigating Worker Classification: The Critical Difference Between Employees and Independent Contractors”