Secure 2.0 Retirement Bill

At the very end of March, the House of Representatives passed a version of the bill known as Secure 2.0. The bill passed the House with overwhelming bipartisan support in a 414-5 vote. The House version still needs to pass in the Senate, where there are differing ideas on exactly what the bill should contain. There is strong support, so it is less of a question of if Secure 2.0 will become law than what exact version.The Secure 2.0 bill in any version aims to help Americans save for retirement [...]

2022-05-01T12:00:05-08:00May 1st, 2022|

Combating Employee Hesitancy to Return to the Office

According to the January 2022 Future Forum Pulse survey, there’s been a shift in what workers want post-pandemic. The report found that in Q4 of 2021, 78 percent of workers from six industrialized companies wanted location flexibility. The survey also found that 95 percent desired schedule flexibility. This is in light of the same survey finding that 72 percent of employees desire greater flexibility from their current places of employment. Those same workers reported that if they can’t find more flexible arrangements, they would seek out another employer that provides [...]

2022-05-01T12:00:04-08:00May 1st, 2022|

How to Save When You’re Broke

If you think saving money is a waste of time, think again. It all comes down to having the right mindset and strategy – even if you don’t have a penny to spare. Here are some ground rules that have proven effective for many. All you have to do is be willing to dive in, change your choices, and revisit the way you approach your finances.Create a budget and track your expenses. Yes, you’ve probably heard this a million times and you might be thinking: how can I save money [...]

2022-05-01T12:00:03-08:00May 1st, 2022|

Why Businesses Should Be Worried About Mobile Security and How to Keep Safe

Cybersecurity has become more important than ever, especially with the rise in cyberattacks. However, much focus is put on computers, laptops, servers, etc. Mobile phones and tablets seem to be overlooked when talking about cybersecurity.Today smartphones are integrated into the modern workforce as driven by work at home and remote working. To enhance mobility, these devices are installed with business mobile applications that enable access to company systems. They enable users to conduct different activities on-the-go, such as banking, connecting to company networks, business transactions, and other social operations. However, [...]

2022-05-01T12:00:02-08:00May 1st, 2022|
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Restricting Trade Relations with Russia, Enhancing U.S. Export Pathways, and Bearing Down on Cybercrime and Human Trafficking

Suspending Normal Trade Relations with Russia and Belarus Act (HR 7108) – This legislation suspends normal trade relations with Russia and Belarus. The president may restore normal trade relations pending Congressional approval, and this authority is scheduled to end on the last day of 2023. The bill also permanently authorizes the president to impose visa- and property-blocking sanctions based on violations of human rights, as well as increase duty rates on products from these countries. These actions are designed to condemn Russia’s invasion of Ukraine by urging other World Trade [...]

2022-05-01T12:00:01-08:00May 1st, 2022|

What Every Taxpayer Needs to Know This Season

The IRS is currently suffering a severe backlog in processing returns from 2021 for the 2020 tax year. As of Dec. 31, there were still more than 6 million unprocessed individual returns with notices and pending refunds. There are a few things every taxpayer should know that can help them navigate any delays in filing or speeding up the process to make filing this year as smooth as possible.Pass on the PaperNothing speeds up the process like electronic filing. Despite the uptick in electronic filing over recent years, the agency [...]

2022-04-01T12:00:05-08:00April 1st, 2022|

Considerations When Selling a Business

According to the U.S. Small Business Administration and Project Equality, 60 percent of business owners plan to cash out of the business in the next 10 years. For the baby boomer generation, it's especially important as they contemplate retirement, with this generation reportedly owning 2.3 million businesses. When it comes to getting a business ready for sale, there are many components to review and get organized before looking for prospective buyers.The first thing owners looking to sell their business are being asked is why they're selling. This may occur for [...]

2022-04-01T12:00:04-08:00April 1st, 2022|

The 50/30/20 Budgeting Rule Explained

You may or may not have heard of the 50/30/20 budgeting rule, but it’s a good one – one that will help make organizing your finances a lot simpler. The basic idea is to divide up your after-tax income and allocate it to spend this way: 50 percent on your needs, 30 percent on wants and 20 percent on savings. Below are more details on how to do this.Spend 50 percent on needs. These bills are those that are necessary for survival, such as rent/mortgage, groceries, utilities, health care, insurance [...]

2022-04-01T12:00:03-08:00April 1st, 2022|

The Rise in Ransomware Attacks and How to Keep Safe

Cybersecurity experts estimate that there is a ransomware attack every 11 seconds. This makes it a challenge to individuals, businesses and even governments.In ransomware attacks, cybercriminals encrypt a victim's network or data, making it inaccessible until a ransom is paid. Despite organizations' efforts to reduce the attacks, cybercriminals also are advancing their attack methods. For instance, an organization may have backups they can use to restore their systems, but the criminals also demand ransom not to publish the sensitive company information they have in their possession.Ransomware is not a new [...]

2022-04-01T12:00:02-08:00April 1st, 2022|

Banning Masks, Banning Russian Oil, Making Lynching a Federal Hate Crime and Saving Sunshine

Consolidated Appropriations Act, 2022 (HR 2471) – This legislation will fund the federal government through September 2022, but also includes a plethora of other bills folded within for the purpose of quick passage by both the House and Senate. Among them is the reauthorization of the Violence Against Women Act and the allocation of $13.6 billion in additional aid to support Ukraine in its conflict against Russia. The bill was signed into law by President Biden on March 15.STANDUP Act of 2021 (S 1543) – STANDUP is the anacronym for [...]

2022-04-01T12:00:01-08:00April 1st, 2022|