With rising interest rates, inflation and continuing market volatility, tax planning is as essential as ever for taxpayers looking to manage cash flow while paying the least amount of taxes possible over time.
U.S. businesses are facing pressure to drive revenue, manage costs and increase shareholder value, all while surrounded by economic and political uncertainties. Disruptions to supply chains brought about by the pandemic have continued into 2022.
With the end of the year approaching quickly, it’s the perfect time to review your finances and restructure any investments you may have. Some strategies apply to specific age demographics, although this list serves as a great reminder of what may lie ahead for you.
KerberRose is pleased to announce the addition of Reach & Schwaiger, Ltd., CPAs to our firm as a new location in Eagle River, WI. This agreement is effective as of October 1, 2022, and will include Reach & Schwaiger, Ltd.’s six team members, office, clients and assets. The Eagle River location will increase KerberRose’s offices from 12 to 13 locations across Northeast and Northcentral Wisconsin and the Upper Peninsula in Michigan.
KerberRose is pleased to announce the addition of Reach & Schwaiger, Ltd., CPAs to our firm as a new location in Eagle River, WI. This agreement is effective as of October 1, 2022, and will include Reach & Schwaiger, Ltd.’s six team members, office, clients and assets. The Eagle River location will increase KerberRose’s offices from 12 to 13 locations across Northeast and Northcentral Wisconsin and the Upper Peninsula in Michigan.
On August 24, President Biden released a plan to deliver on his campaign promise to cancel $10,000 of student loan debt for borrowers with certain income levels.
On August 24, President Biden released a plan to deliver on his campaign promise to cancel $10,000 of student loan debt for borrowers with certain income levels.
Recently, the Inflation Reduction Act was passed by Congress and signed into law by President Biden. It aims to curb inflation through reducing the federal deficit, lowering prescription drug prices and promoting domestic energy production and clean energy sources. Given the current political climate, there are a lot of conflicting opinions and misinformation circulating about the act, and whether it will be successful in reducing inflation remains to be seen. However, the law contains some key provisions, which will reduce taxes for many small business owners. Read on for a list of the ways in which small businesses can benefit from the Inflation Reduction Act.
While almost every industry feels the effects of inflation, it hits non-profits especially hard. Rising inflation means potential donors have fewer funds to allocate to charitable causes. Consequently, many non-profit organizations have seen a sharp decrease in donations and related revenue sources, in addition to rising costs. In this environment, it’s more important than ever for non-profits to think and act strategically.
Are you someone who hastily searches for necessary documents or finds yourself rifling through your purse for old receipts when tax season comes? Are you uncertain which records you need to keep, and which you can toss? Then this might be the perfect article for you.
