How to Manage Taxes in Retirement

Category Archives: Frank’s Corner

How to Manage Taxes in Retirement

🖨 Print⏱ 6 min readThe biggest difference between managing taxes throughout your career versus during retirement is that when you are retired, you are responsible for calculating how much you owe and paying it on a timely basis. Retirees normally … Continue reading

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

The 2023 Tax Planning Guide

🖨 Print⏱ 5 min read It’s that time of year again: time for year-end tax planning. With the end of 2023 coming fast, the time to act is now. In this article, we’ll look at the moves you can make … Continue reading

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

4 Smart Ways to Maximize Your IRA Contributions

🖨 Print⏱ 4 min readUnless you’re near retirement, chances are you’re depositing a certain amount of cash each year in your IRA at tax time, then kind of forgetting about it, not thinking much about it until the next year. … Continue reading

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

Wage Garnishment Considerations for Business Owners

🖨 Print⏱ 3 min readAccording to the United States Department of Labor’s Consumer Credit Protection Act (CCPA), wage garnishments are a complex legal process for employers to account for when it comes to employment matters. This article specifically refers to … Continue reading

Posted in Blog, Frank's Corner, General Business News |

Impact of Digital Currency on Businesses’ Accounting

🖨 Print⏱ 4 min readThe emergence of digital currency is reshaping how businesses operate and account for financial transactions. As accounting professionals navigate this transformative wave, understanding the profound impact of digital currency on business accounting becomes not just relevant … Continue reading

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

Expanding Benefits for Veterans and Extending Government Funding Until Jan. 19, 2024

🖨 Print⏱ 3 min readA bill to amend Title 38, United States Code, to extend and modify certain authorities and requirements relating to the Department of Veterans Affairs, and for other purposes. (S 2795) – This bill was introduced on … Continue reading

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

7 Smart Saving Strategies for Retirement

🖨 Print⏱ 3 min readNext year, something called Peak 65 is happening. This moniker refers to the fact that more Americans will reach the traditional retirement age of 65 in the same year than at any time in history. Crazy, … Continue reading

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

New Business Travel Per Diem Rates Announced for 2023-2024

🖨 Print⏱ 3 min readNew per diem rates were recently announced by the IRS and are effective for per diem allowances on or after Oct. 1, 2023. These updated rates include changes for the transportation industry, incidental expenses as well … Continue reading

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

Two Ways to Measure Revenue Per User

🖨 Print⏱ 3 min readWhen it comes to measuring revenue, it’s essential that businesses analyze it from a variety of perspectives. While there’s revenue and net income on an income statement to show a company’s quarterly financials, another way to … Continue reading

Posted in Blog, Frank's Corner, General Business News |

2024 Cost of Living Adjustments

🖨 Print⏱ 4 min readIn one year’s time, the U.S. inflation rate dropped by more than half, from 8.2 percent in September 2022 to 3.7 percent in September of 2023. If there is a downside to lower inflation, it’s a … Continue reading

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