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Scale Your Small Business with These Essential Keys to Growth
Scaling a small business can be a daunting task, but it is necessary to ensure long-term success. Below we discuss five essential keys to growth that small businesses can use to scale their operations successfully. Create an Organizational Framework Small businesses...
Social Security Reform: What Changes to the Program Are Being Proposed?
The Social Security program has been successful in reducing poverty and promoting economic security for millions of Americans – those who are retired and disabled as well as surviving spouses and children of deceased beneficiaries. However, the program’s long-term...
Inflation is Affecting Taxes: Here are the Tax Adjustments Made by the IRS for 2023
In response to high inflation rates, the IRS made some of the biggest adjustments in history for tax year 2023. These changes affect individual tax brackets as well as some key tax deductions and credits for the taxes you will file in 2024. We go over the most...
Commonly Overlooked Expenses of Starting a Small Business
Starting a small business is a rewarding experience, but it’s important to be aware of some of the lesser thought-about costs that typically accompany such an endeavor. While there will always be industry-specific costs to be knowledgeable of, below are some of the...
The Top Challenges Facing Small Businesses in 2023
Small businesses provide job creation and contribute to the growth of local communities. They are the backbone of any economy, but running a small business is no easy task. Below we’ll discuss the variety of challenges that small businesses are facing in 2023....
From Loans to Debts: How Rising Interest Rates Affect Your Personal Finances
Interest rates impact nearly every corner of the economy, from the housing market to consumer spending. When interest rates rise, the effects are widespread, impacting personal finances as well. Below we’ll explore how rising interest rates might affect your personal...
How to Avoid the IRA Early Withdrawal Penalty
Although the function of a traditional IRA is to save money for your retirement years, you may need to access those funds earlier than planned. If you withdraw from an IRA before age 59 ½, you could face an early-withdrawal penalty. However, there are some exceptions that will exempt you from the penalty.
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