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FTC finalizes broad ban on noncompete agreements
A new FTC ruling has made noncompete agreements unenforceable for most employees, with the aim of fostering competition and job mobility. The implications of this rule for businesses and employees are far-reaching, drawing both support and criticism. Learn about the ruling and its potential impact on your business in this article.
Labor costs rise, complicating Fed’s decision on rate cuts
The employment cost index rose by 1.2% in the first quarter, up from 0.9% previously, while the year-over-year growth stayed elevated at 4.2%.
New retirement plan distribution options introduced by SECURE 2.0
SECURE 2.0 provides new opportunities for plan participants to take retirement distributions without incurring early withdrawal penalties.
Understanding energy rebates tax treatment
Navigating the tax landscape: Understanding DOE Home Energy Rebate Programs.
The journey to 2025 tax reform begins
House Ways & Means Committee Chairman Jason Smith (R-MO) and House Tax Subcommittee Chairman Mike Kelly (R-PA) recently announced the formation of 10 "Committee Tax Teams". Each team will address key tax provisions from the 2017 Tax Cuts and Jobs Act (TCJA) that are set to expire in 2025 and identify legislative solutions.
American consumers continue to spend despite sticky inflation
Spending remained strong in March on the heels of robust income growth despite sticky inflation, according to Commerce Department released on Friday.
GDP growth slows to 1.6% in first quarter, exaggerated by volatile trade and inventory data
Overall growth in U.S. gross domestic product fell to 1.6% in the first quarter, but the slowdown was exaggerated by volatile trade and inventory data, which provided a 1.2% drag on overall activity.
8 Security Measures To Protect Your WordPress Website
Thousands of WordPress websites are hacked daily, causing significant disruptions and data leaks. Learn about nine essential security measures you should prioritize to protect your WordPress website from cyber threats.
U.S. retail sales show surprising resilience
Total retail sales jumped 0.7% on the month, while February's number was revised up to 0.9% from 0.6%.
U.S. consumer sentiment falls as inflation stays sticky
The University of Michigan's consumer sentiment index fell to 77.9 in April from 79.4, according to data released on Friday.
Understanding money mule networks: a covert financial threat
Money mule networks are a growing concern where criminals use deceptive tactics to launder money through unsuspecting participants. Learn how to spot the signs and protect yourself from these criminal schemes.
Policy changes: Social Security Administration’s new approach to overpayments
The Social Security Administration's approach to overpayments is changing, bringing potential changes to your benefits. Explore these policy changes and how they may help you retain more of your monthly checks.
Proactive Tax Strategies for High-Earning Taxpayers
The IRS has issued clear warnings about its increased scrutiny of high-net-worth individuals, especially those using risky tactics to reduce tax obligations. This video provides strategies for optimizing your financial situation while staying within the bounds of the law.
Financial reset: strategizing for a prosperous year ahead
Set your financial targets for the year with this comprehensive guide that uses the SMART framework. Learn about strategies for debt repayment, evaluating your emergency fund, and early tax planning. If you need more guidance, our office is ready to provide personalized advice.
Planning to downsize? Three tax considerations for retirees
Downsizing in retirement isn't just about reducing living expenses—it can also be a strategic move toward financial security. Understand how your home's appreciation impacts your taxes and discover strategies to reduce your tax burden.