New Personal Finance Provisions in the 2.0 Secure Act
Category Archives: Frank’s Corner
New Personal Finance Provisions in the 2.0 Secure Act
🖨 Print⏱ 4 min readThe Continuing Appropriations Act, enacted at the end of 2022, included several provisions that impact retirement plans going forward. Specifically, the legislation enacts SECURE 2.0, an updated version of the Setting Every Community Up for Retirement … Continue reading
Raising the Debt Ceiling, Protecting Air Travel and Repealing the Iraq AUMF
🖨 Print⏱ 3 min readFiscal Responsibility Act of 2023 (HR 3746) – This Act represents a compromise reached by House Republicans and President Biden. Republicans negotiated concessions in exchange for voting to raise the debt ceiling to maintain the solvency … Continue reading
Increased Tax Bills Hitting Private Companies Big and Small
🖨 Print⏱ 3 min readPrivate companies, both large and small, are feeling the tax pinch due to changes in the law. With rampant inflation, labor shortages, lingering supply chain issues, and increased borrowing costs due to rising interest rates, tax … Continue reading
7 Tips to Save Money This Summer
🖨 Print⏱ 4 min readSummer is here, and so are all the activities. But as we know, these activities cost money. Here are a few ways you can still have fun and, while doing so, save some cash. Look at … Continue reading
How To Recession-Proof Your Portfolio (Just in Case)
🖨 Print⏱ 4 min readSome economists and market analysts have been predicting a U.S. recession ever since last fall. They’ve been wrong before – but they’ve also been right. Rather than try to predict how the stock market will react … Continue reading
Delving Into Forensic Accounting
🖨 Print⏱ 4 min readAccording to a 2022 Allied Market Research report, the size of the global forensic accounting market is forecast to increase in value to $11.68 billion in 2031, up from its 2021 estimated value of $5.13 billion. … Continue reading
End of Covid Emergency Declarations Put Work from Home Benefits at Risk
🖨 Print⏱ 3 min readThe end of the federal emergency declaration for Covid-19 came on May 11. As a result, there are various public health policy changes. For example, vaccines and treatments will remain available, but at-home tests may no … Continue reading
Upholding Human Agency in an Era of Evolving Digital Systems
🖨 Print⏱ 4 min readTechnology has greatly contributed to improving and streamlining everyday life. However, as technology advances, there is an increased reliance on digital tools powered by artificial intelligence and machine learning. Unfortunately, these technologies are also challenging the … Continue reading
Increasing the Federal Debt Limit, Improving Disaster Resources and Attempting to Reduce Government Waste
🖨 Print⏱ 3 min readLimit, Save, Grow Act of 2023 (HR 2811) – This bill was introduced in the House by Rep. Jodey Arrington (R-TX) on April 26. It would authorize and increase the federal debt limit as well as … Continue reading
Estate Taxes vs. Inheritance Taxes: Understanding the Differences
🖨 Print⏱ 4 min readEstate and inheritance (“death”) taxes are levied on the transfer of property at death. The difference between an estate tax and an inheritance tax is based on who pays the bill. An estate tax is levied … Continue reading
Quick Contact
VB&T Certified Public Accountants, PLLC
57 West 57th Street
Suite 1406
New York, NY 10018
(Columbus Circle).
Tel: (212) 448-0010
Email: info@getcpa.com
For more information click here