Rising Oil Prices Could Pose the Latest Threat to the Economy
When fuel costs are high, businesses must decide whether to absorb them or pass them on to consumers, which could reignite inflation across the economy.
When fuel costs are high, businesses must decide whether to absorb them or pass them on to consumers, which could reignite inflation across the economy.
Tax policy and the future of the U.S. tax code is expected to take center stage during the 2024 Presidential election debates. The expiring Tax Cuts and Jobs Act (TCJA) regulations and the growing deficits and national debt are among the topics.
Chart of Accounts works in the background as a critical element of QuickBooks Online. It is simply a list of financial categories created by QuickBooks based on your business type and industry and is used to track your company’s financial data.
The Inflation Reduction Act of 2022 included provisions intended to lower prescription drug costs for Medicare enrollees. For the first time, the federal government will negotiate lower prices for some of the highest-cost drugs covered under Medicare Part B and Part D.
A 2023 survey found 56% of Americans saying a four-year college degree isn’t worth the cost due to students graduating with significant debt and a lack of specific job skills vs. 42% who think college is worth it.
If your employer offers health insurance benefits, one of your options may be a high-deductible health plan (HDHP) with eligibility for a health savings account (HSA). These plans offer potential savings by encouraging you to make cost-effective choices in your medical spending.
When seniors reach the point where they can no longer care for themselves, challenges can begin to mount, and you’ll quickly learn if you have planned well or if there are gaps in your elder care plan.
Choosing the entity type for your business is a critical decision that affects how you are taxed and your personal liability. Start off on the right foot by learning the pros and cons of each structure.
Embrace healthier savings! The 2024 HSA limit increases mean you can supercharge your medical fund even more.
The annual Retirement Confidence Survey found that workers’ confidence took a substantial hit: Just 20% of respondents felt very confident they will be able to afford a comfortable retirement.