Articles for May, 2021
Tax and Financial News
Everything There is to Know About the New Child Tax Credit
May, 2021
The Child Tax Credit as we know it originated during the Clinton administration, but the recently enacted American Rescue Plan created a new version. The updated version of this tax credit could have a beneficial...
General Business News
How Businesses Can Hedge Against Increasing Inflation
May, 2021
Inflation is on the rise. According to a recent Economic News Release from the U.S. Bureau of Labor Statistics (BLS), the Producer Price Index for final demand grew by 1 percent in March. February saw...
Stock Market News
How Will a Steepening Yield Curve Impact Markets?
May, 2021
Based on data from the Federal Reserve Bank of St. Louis, the spread between the 10-year and two-year constant maturity Treasury rates increased by 66 basis points – from 0.48 percent in July 2020...
Financial Planning
New Rules and Ways to Use HSAs/FSAs
May, 2021
People who own a high-deductible health insurance plan may have the ability to open a health savings account (HSA). They can contribute pre-tax income to an HSA and invest the money for tax-free growth...
What's New in Technology
E-Invoicing Presents Opportunities for Businesses to Save
May, 2021
Invoicing is an important process in any business. Unfortunately, it’s also a laborious process that requires accuracy. With technology advances, businesses have tried to use various means to ease...
Tip of the Month
7 Ways to Save 10K a Year
May, 2021
If you’re scratching your head and wondering if we’ve lost our minds, please keep reading. You can do this. All you need to do is plan your steps – and stick to it. After all, Confucius says, “A...
Congress at Work
Advancing Healthcare Initiatives, Small Business Funding and Protecting the Elderly from Scams
May, 2021
FASTER Act of 2021 (HR 578) – This bill expands the definition of major food allergens for food-labeling purposes to include sesame. It is designed to protect Americans with food allergies and related...