Archives for August 2023

We’re just over a month away from the MLB playoffs, and this year (like every year) has had its share of sketchy calls that fans and players have been unhappy about.  While not everyone’s favorite summer pastime (the sports season that never ends still has more than two months of games to go), this summer there are seemingly more strike calls than ever happening beyond the diamond. UPS, Hollywood actors… Read More

I suppose there’s never been an easy time to be in business.  It’s tempting to look at the current economic situation and cite all the things working against business owners right now. And Google helps with that… My internet search this morning lent me the following statistics: Inflation is the top concern for 32% of business owners. 41% of small business owners are struggling with job vacancies. Supply chain issues… Read More

Remember three years ago when you depended on Zoom for work meetings and virtual schooling for your kids? While you’re probably really grateful the second one isn’t a reality anymore, the first one still had its appeal (unless something like this happened).  Working from home had its perks.  In a stroke of irony, the company that enabled us all to work from home during the era of social distancing recently started requiring… Read More

Undergraduate expenses are usually not eligible but… Master’s degree costs can qualify if the program improves the employee’s skills. Educational assistance plans can provide up to $5,250 in tax-free benefits per employee including your children IF specific requirements are met. You can get more, expert guidance on Financial Planning for Your Child’s Future by visiting our webinar at: College Financing Secrets w/ Ron Caruthers – YouTube<

If you are looking to minimize capital gains recognition, consider the qualified opportunity zone (QOZ) provisions under the Tax Cuts and Jobs Act. These provisions offer tax benefits for investments made in economically depressed communities across the United States and certain territories, plus additional tax-saving opportunities offered by combining QOZ benefits with Puerto Rico’s local incentives for economic growth. With most of the island designated as QOZs, Puerto Rico presents… Read More

Annuities offer steady income with low risk in retirement and are sold by insurance companies. An investor deposits money with the insurer who invests and returns it via a series of regular payments through one of the following: Variable annuities – allow investments with different levels of risk and returns based on the performance of the investments. Fixed annuities – guarantee the principal investment and earnings with a fixed payment… Read More