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Secure 2.0 Retirement Bill
Tax and Financial News
Secure 2.0 Retirement Bill
May, 2022
At the very end of March, the House of Representatives passed a version of the bill known as Secure 2.0. The bill passed the House with overwhelming bipartisan support in a 414-5 vote. The House version still needs to pass in the Senate...
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Combating Employee Hesitancy to Return to the Office
General Business News
Combating Employee Hesitancy to Return to the Office
May, 2022
According to the January 2022 Future Forum Pulse survey, there’s been a shift in what workers want post-pandemic. The report found that in Q4 of 2021, 78 percent of workers from six industrialized companies wanted...
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How Will the Federal Reserve React to Increasing Inflation?
Stock Market News
How Will the Federal Reserve React to Increasing Inflation?
May, 2022
The Bureau of Labor Statistic’s Consumer Price Index rose by 8.5 percent year-over-year ending March 2022, leading most economists to agree that inflation is going to be with us for a while. With inflation seeming not to...
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New Required Minimum Distribution Rules for 2022
Financial Planning
New Required Minimum Distribution Rules for 2022
May, 2022
Starting in 2020, new legislation increased the age to begin Required Minimum Distributions (RMDs) from 70½ to 72. More recently, the IRS updated the Uniform Life Table for alignment with longer life expectancies. Note...
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Why Businesses Should Be Worried About Mobile Security and How to Keep Safe
What's New in Technology
Why Businesses Should Be Worried About Mobile Security and How to Keep Safe
May, 2022
Cybersecurity has become more important than ever, especially with the rise in cyberattacks. However, much focus is put on computers, laptops, servers, etc. Mobile phones and tablets seem to be overlooked...
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How to Save When You're Broke
Tip of the Month
How to Save When You're Broke
May, 2022
If you think saving money is a waste of time, think again. It all comes down to having the right mindset and strategy – even if you don’t have a penny to spare. Here are some ground rules that have proven effective...
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Restricting Trade Relations with Russia, Enhancing U.S. Export Pathways, and Bearing Down on Cybercrime and Human Trafficking
Congress at Work
Restricting Trade Relations with Russia, Enhancing U.S. Export Pathways, and Bearing Down on Cybercrime and Human Trafficking
May, 2022
Suspending Normal Trade Relations with Russia and Belarus Act (HR 7108) – This legislation suspends normal trade relations with Russia and Belarus. The president may restore normal trade...
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What Every Taxpayer Needs to Know This Season
Tax and Financial News
What Every Taxpayer Needs to Know This Season
April, 2022
The IRS is currently suffering a severe backlog in processing returns from 2021 for the 2020 tax year. As of Dec. 31, there were still more than 6 million unprocessed individual returns with notices and pending refunds. There are a...
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Considerations When Selling a Business
General Business News
Considerations When Selling a Business
April, 2022
According to the U.S. Small Business Administration and Project Equality, 60 percent of business owners plan to cash out of the business in the next 10 years. For the baby boomer generation, it's especially important as they...
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How Will Oil Prices and Consumer Spending Impact Markets?
Stock Market News
How Will Oil Prices and Consumer Spending Impact Markets?
April, 2022
According to the March 2022 Short-Term Energy Outlook (STEO) from the U.S. Energy Information Administration (EIA), the forecast is for high energy prices in 2022. The report found that Brent crude oil, used as a benchmark ex-U.S.,...
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Give a College Savings 529 Plan For Graduation
Financial Planning
Give a College Savings 529 Plan For Graduation
April, 2022
If you really want to make impact in your new grad’s life, make an investment in his or her future with a 529 College Savings account. There are two versions: an investment account and a prepaid account. Assuming...
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The Rise in Ransomware Attacks and How to Keep Safe
What's New in Technology
The Rise in Ransomware Attacks and How to Keep Safe
April, 2022
Cybersecurity experts estimate that there is a ransomware attack every 11 seconds. This makes it a challenge to individuals, businesses and even governments...
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The 50/30/20 Budgeting Rule Explained
Tip of the Month
The 50/30/20 Budgeting Rule Explained
April, 2022
You may or may not have heard of the 50/30/20 budgeting rule, but it’s a good one – one that will help make organizing your finances a lot simpler. The basic idea is to divide up your after-tax income and allocate...
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Banning Masks, Banning Russian Oil, Making Lynching a Federal Hate Crime and Saving Sunshine
Congress at Work
Banning Masks, Banning Russian Oil, Making Lynching a Federal Hate Crime and Saving Sunshine
April, 2022
Consolidated Appropriations Act, 2022 (HR 2471) – This legislation will fund the federal government through September 2022, but also includes a plethora of other bills folded within for the purpose of quick...
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