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Monday, December 16, 2024
News Release: 12/16/2024 What should you know about RMDs?
You may spend many decades contributing to your IRA and 401(k), but eventually you will likely need to take the money out — in fact, you must take the money out or face penalties. What should you know about these mandatory withdrawals? Here are some of the basics:What are they called? Mandatory withdrawals are technically called required minimum distributions, or RMDs.When must I take RMDs? If you were born before 1951, you’ve probably already begun taking RMDs. If you were born between 1951 and 1959,
Monday, December 09, 2024The CTA, BOI and FinCEN: What Does this Mean for Pinellas Park, FL Businesses?
The Corporate Transparency Act may require certain U.S. companies to disclose beneficial ownership information to FinCEN, aiming to curb financial crimes. While a Texas federal district court’s preliminary injunction puts this requirement on hold, many experts expect that to be overturned. In that event, failure to file could lead to fines of $500 per day, up to a maximum of $10,000, and possible criminal penalties. Read more for details on how this may impact your business in the future. 1.
Monday, December 02, 2024News Release: 12/2/2024 Inflation-fighting strategies for retirees
At different times, inflation may be high or low, but, except in those rare periods of deflation, it’s always with us. During your working years, when you may receive boosts in your salary, you at least have the potential to keep up with inflation — but what happens when you retire? As a retiree, what can you do to cope with the rising cost of living? Here are a few suggestions:Keep some growth potential in your investment portfolio. During your retirement years, you may want to move your portfolio
Monday, November 25, 2024News Release: 11/25/2024 Consider tax-smart charitable gifts
As we enter the annual season of giving, you might be thinking of charities you wish to support. But you also might be wondering how to gain some tax benefits from your gifts. It used to be pretty straightforward: You wrote a check to a charity and then deducted the amount of the gift, within limits, from your taxes. But a few years ago, as part of tax law changes, the standard deduction was raised significantly, so fewer people were able to itemize deductions. Consequently, there was less financial
Monday, October 28, 20243rd Annual Pinellas Manufacturing Summit Focuses on “Building a Skilled Future”
3rd Annual Pinellas Manufacturing Summit Focuses on “Building a Skilled Future” Pinellas Park, FL – November 14, 2024 – The 3rd Annual Pinellas Manufacturing Summit will take place on November 14, 2024, from 8:00 am to 12:30 pm at the Pinellas Park Performing Arts Center (4951 78th Ave N, Pinellas Park, FL). With the theme “Building a Skilled Future: Workforce & Education in Manufacturing,” the event will unite industry experts, educators, and policymakers to address workforce development, education, and
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