If you’ve been waiting for your Employee Retention Credit (ERC) payment, there’s some big news coming from the IRS. The agency has made a major push to process $10 billion in delayed ERC payments. Let’s break it down and see what this means for you.
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Insurance holders are not the only ones feeling the effects of rising insurance costs. For small and medium-sized businesses (SMBs), rising healthcare costs pose a significant challenge. These ever-increasing costs are not just a financial strain—they directly affect profitability, employee recruitment and retention, and growth opportunities. However, with thoughtful planning and expert financial guidance, it’s possible to manage these rising expenses without sacrificing the health of the employees or the business.
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Last month, the Federal Reserve announced a massive half-point cut to interest rates, marking the first cut since March 2020. The news has sent ripples of excitement through the business community since the shift in the economic environment creates a range of opportunities. But how exactly can business owners leverage the rate cut to their benefit?
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A Family Limited Partnership (FLP) is a classic technique to shift income and wealth to future generations. With an FLP, family members pool money to run a business project. Each family member can buy shares for a potential profit.
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When it comes to your investments, understanding the economic landscape is paramount. While inflation often takes the spotlight, other economic situations can also significantly impact your investment strategy. Disinflation, no-inflation, deflation, and stagflation each have unique effects on investment. Understanding how to adjust your strategy to these conditions can help you maximize returns and protect your portfolio.
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Retirement should be a time of freedom and fulfillment, where you can enjoy the rewards of your hard work without financial worry. But do you know exactly how much you can spend each month and year?
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