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IRS Scam Artists Are Getting Smarter: How to Detect and Avoid IRS Imposter Scams
IRS impostors are becoming more sophisticated, and taxpayers are falling victim. According to the Federal Trade Commission (FTC), nearly $5 million have been scammed from unsuspecting Americans over the last five years. Read on as we discuss how these scams work and...
How to Create an Exit Strategy as a Small Business Owner
Planning an exit strategy is a necessary component of long-term business success. Whether you plan to sell your company, merge with another business, or simply close up shop, having a clear exit strategy can enhance your company’s value, secure your company’s future,...
New Law Allows Penalty-Free Emergency Withdrawals From Retirement Funds
A key feature of the SECURE Act 2.0, passed by Congress in late 2022, allows emergency withdrawals of up to $1,000 from retirement accounts without penalties. While this provision offers greater flexibility in urgent situations, there are specific rules and potential...
How Small Businesses Can Manage Seasonal Cash Flow Challenges
Seasonal cash flow challenges are a common issue for small businesses, particularly those whose revenue fluctuates significantly throughout the year. In order to maintain financial stability and ensure long-term success, it’s paramount for these businesses to manage...
Common Pitfalls To Avoid When Paying off Debt
The combination of rising living costs, unexpected expenses, and reliance on credit cards has led to a significant increase in personal debt among Americans. As of early 2024, American household debt has surged from $16.9 trillion in 2022 to $17.69 trillion. While the...
