News & Articles

For many high-income earners and those approaching retirement, a Roth IRA conversion represents a strategic financial move that can significantly impact long-term wealth preservation. This approach allows...

Read Article

Understanding IRS Forms 1099 for Lawsuit Settlements

April, 2025

The Basics of Tax Reporting in Legal Settlements

When you collect a settlement for a lawsuit, you'll likely also receive a Form 1099 from the IRS. This form serves...

Read Article

General Business News

Cash Flow Available for Debt Service (CFADS)

May, 2025

When it comes to the risk of default, Moody's found that during Covid-19, American businesses had a 7.8 percent chance of defaulting. This is compared to a low of 4 percent in 2021, but lower than the current 9.2 percent risk of...

Read Article

Valuation Ratio Calculating the EV / 2P

April, 2025

When it comes to analyzing a company’s financials, there are many avenues we can take. One way is through multiples; calculating the EV/2P multiple is the focus of this analysis...

Read Article

Accounting News

How to Account for Bad Debt Expense

May, 2025

Bad debt expense is an important concept that businesses must account for when it comes to their financial reporting. Regardless of the timeframe a company accounts for, it helps companies determine what...

Read Article

Dissecting the Half-Year Convention for Depreciation

April, 2025

Depreciation can help a business realize tax benefits, maintain compliance with financial reporting requirements, and project asset replacement. The...

Read Article

Financial Planning

Financial Implications of Marriage

May, 2025

Marriage isn’t just about two people who fall in love and choose to spend the rest of their lives together. It is also a contract. And while that contract might not be forever binding, marriage does come with certain financial and...

Read Article

Reasons to Consider Out-of-State Municipal Bonds

April, 2025

Municipal bonds (also known as munis) are issued by a state or local government. Interest income is typically paid out twice a year and is not subject to federal taxes. When an investor purchases a bond issued...

Read Article

What's New in Technology

Deepfake Detection in Voice and Video

May, 2025

Deepfakes are becoming more convincing than ever. Whether manipulated media or entirely generated by artificial intelligence (AI), deepfakes can now realistically alter faces and clone voices. They can even fabricate entire scenarios...

Read Article

Building Deeper Customer Connections: Leveraging Web3 for Loyalty, Community, and Engagement

April, 2025

Competition in business today has become fierce. Each organization is constantly looking for innovative ways to form strong relationships with its customers. Loyalty programs have been used for a long time to build a devoted...

Read Article

Guest Post of the Month

As Tax Season Opens, We Must Stay Alert to Rising Scam Threats

April 1

As tax filing season begins, scammers are ramping up efforts to steal taxpayers' personal information through increasingly sophisticated schemes. Below, we discuss the latest scam, what to look out for in general and what to do is if you...

Read Article

Tip of the Month

How New Grads Can Master Their Finances

May, 2025

College graduation is a huge milestone. You’ve completed one chapter and are on the precipice of the next. While exciting, it can also be daunting – you have a whole new set of responsibilities in front of you. But take heart, we have...

Read Article

7 Ways to Teach Your Kids to Save

April, 2025

Of all the things you teach your kids when they’re young, saving money just might be one of the most important. Teaching them to delay gratification could help them avoid unnecessary spending and help them learn...

Read Article

Guest Article of the Month

Treasury Declares New Beneficial Ownership Reporting Law Will Apply Only to Foreign Companies

April, 2025

The Trump Administration announced it will no longer apply the beneficial ownership information (BOI) requirements of the Corporate Transparency Act (CTA) to domestic companies. This declaration came first via social media...

Read Article

Congress at Work

Rolling Back Regulations, Proving Citizenship Birth for Voting Rights, and Blocking Nationwide Injunctions

May, 2025

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Energy relating to “Energy Conservation...

Read Article

Preventing a Government Shut Down, Rolling Back Regulations and Clarifying Cryptocurrency Protocols

April, 2025

Full-Year Continuing Appropriations and Extensions Act, 2025 (HR 1968) – In the nick of time before the midnight deadline that would have...

Life Events Library

Financial Planning Topics

Did you miss some articles? Don't worry, we saved them for you.