Initial Look at the New Tax Form Schedule 1-A: Four Key Deductions for 2025

Category Archives: Blog

Initial Look at the New Tax Form Schedule 1-A: Four Key Deductions for 2025

🖨 Print⏱ 3 min read The IRS has released draft Schedule 1-A, introducing four new temporary deductions within the One Big Beautiful Bill Act. If you are wondering what the new form looks like and how the calculations work, read … Continue reading

Posted in Blog, Frank's Corner, Tax and Financial News |

Ideas for Small Business Succession Planning

🖨 Print⏱ 4 min readIt can be hard to build up your own business, but it can be harder to sell it for what it’s worth. In fact, only around three in 10 family-owned businesses survive for the next generation. … Continue reading

Posted in Blog, Financial Planning, Frank's Corner |

The Silent Threat: How Simple Misconfigurations Are Fueling 2025 Worst Cyberattacks

🖨 Print⏱ 4 min readAs organizations invest heavily in next-gen firewalls, AI detection, and threat intelligence, grave cyberattacks have been reported as a result of overlooked misconfigurations. According to the latest statistics, about 23 percent of cloud security incidents are … Continue reading

Posted in Blog, Frank's Corner, What's New in Technology |

Enhancing Homebuyer Protections, Wildfire Risks, 911 Response and Domestic Manufacturing

🖨 Print⏱ 3 min readHomebuyers Privacy Protection Act (HR 2808) – Introduced by Rep. John Rose (R-TN) on April 10, the House passed this bill on June 23, and the Senate passed it on Aug. 2. Signed into law on … Continue reading

Posted in Blog, Congress at Work, Frank's Corner |

Cashless Charitable Contributions

🖨 Print⏱ 5 min read Not everyone can make large charitable contributions. But there are ways to be charitable without spending your discretionary income while at the same time lowering your tax bill. Even those who can make large donations … Continue reading

Posted in Blog, Financial Planning |

How to Reduce the Burden of IRA Required Minimum Distributions

🖨 Print⏱ 4 min read Required minimum distributions (RMDs) from traditional IRAs and 401(k)s often become a significant tax burden during retirement. As the percentage of your IRA that must be distributed increases each year, many retirees face higher adjusted … Continue reading

Posted in Blog, Frank's Corner, Tax and Financial News |

Beyond the Hype: A Strategic Blueprint for AI Investment in 2025 and Beyond

🖨 Print⏱ 4 min readArtificial intelligence (AI) is one of the most talked-about technologies today. It has taken a shift from the broad general-purpose tools to specialized innovations that promise real impact. AI is dominating headlines with investor pitches. There … Continue reading

Posted in Blog, Frank's Corner, What's New in Technology |

Canceling Government Funding and Expanding Protections for Veterans

🖨 Print⏱ 3 min readRescissions Act of 2025 (HR 4) – A rescission bill cancels funding previously approved by Congress upon request by the president. Congress has 45 continuous legislative days to enact or reject the proposal, during which time … Continue reading

Posted in Blog, Congress at Work, Frank's Corner |

Capitalizing Versus Expensing Research and Development

🖨 Print⏱ 4 min readBased on statistics from the World Bank, the United States government spent 3.59 percent of its 2022 gross domestic product on research and development. While private businesses spend on their own research and development costs, it’s … Continue reading

Posted in Accounting News, Blog, Frank's Corner |

5 Myths About Life Insurance

🖨 Print⏱ 3 min readLife insurance is something most of us don’t want to talk about. But the truth is, no one gets out of life alive. So, it might make sense to face it now so that when you … Continue reading

Posted in Blog, Frank's Corner, Tip of the Month |
 
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