College graduation is a huge milestone. You’ve completed one chapter and are on the precipice of the next. While exciting, it can also be daunting – you have a whole new set of responsibilities in front of you. But take heart, we have…Read More →
Marriage isn’t just about two people who fall in love and choose to spend the rest of their lives together. It is also a contract. And while that contract might not be forever binding, marriage does come with certain financial and…Read More →
When it comes to the risk of default, Moody’s found that during Covid-19, American businesses had a 7.8 percent chance of defaulting. This is compared to a low of 4 percent in 2021, but lower than the current 9.2 percent risk of…Read More →
For many high-income earners and those approaching retirement, a Roth IRA conversion represents a strategic financial move that can significantly impact long-term wealth preservation. This approach allows…Read More →
Bad debt expense is an important concept that businesses must account for when it comes to their financial reporting. Regardless of the timeframe a company accounts for, it helps companies determine what…Read More →
Of all the things you teach your kids when they’re young, saving money just might be one of the most important. Teaching them to delay gratification could help them avoid unnecessary spending and help them learn…Read More →
Municipal bonds (also known as munis) are issued by a state or local government. Interest income is typically paid out twice a year and is not subject to federal taxes. When an investor purchases a bond issued…Read More →
When it comes to analyzing a company’s financials, there are many avenues we can take. One way is through multiples; calculating the EV/2P multiple is the focus of this analysis…Read More →
The Basics of Tax Reporting in Legal SettlementsWhen you collect a settlement for a lawsuit, you’ll likely also receive a Form 1099 from the IRS. This form serves…Read More →
Depreciation can help a business realize tax benefits, maintain compliance with financial reporting requirements, and project asset replacement. The…Read More →
