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Stocks and bonds, longtime centerpieces of many Americans' investment portfolios, appear to be losing popularity with some people. A 2024 Bank of America survey found that nearly three-quarters of respondents ages 21 to 43 doubt they can achieve above-average returns by investing solely in… Read more
Below outlines a brief summary of the key rules for Charity Care Compliance, an overview of the amended Hospital Financial Assistance Law (HFAL) and the Office of the New York State Attorney General’s (OAG) role in ensuring charity care compliance.
As of November 14, 2024, enough of the pending congressional races for the U.S. House of Representatives were called in favor of the Republican Party, allowing the party to retain control of the chamber. Republicans now have won the presidency and control of both houses of Congress.
With the…
On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a preliminary injunction in Texas Top Cop Shop, Inc. v. Garland, ruling that the Corporate Transparency Act (CTA) is likely unconstitutional. This injunction prevents enforcement of the CTA and its Beneficial…
With the election behind us and the holiday season in full swing, you may not be thinking about taxes. But you still have time to take proactive steps to reduce your federal income tax liability for 2024. Here are five last-minute tax planning strategies to consider before year end.
Traditional IRAs are a well-known, tax-deferred retirement saving vehicle. But they come with a major downside: You're taxed on withdrawals. Roth IRAs eliminate this downside. You can take federal-income-tax-free qualified withdrawals, but the trade-off is that contributions to Roth accounts don't…
These days, many people turn to social media for news, restaurant and product reviews, and other information. However, tax advice is one thing you generally shouldn't get through sites such as Facebook, TikTok, Instagram and X (formerly known as Twitter).