Many older generations believe millennials to be poor budgeters and decision makers who don’t consider, or care to consider, their financial futures beyond tomorrow’s trip to get Thai food. While that may be the case for a select number of those under 35, millennials...
MKR Blog
Thinking of Changing Jobs? How Job Hopping Can Damage Your Retirement
Often, for Baby Boomers or older generations, starting your career meant finding a company in your desired field and, unless there were layoffs or the company went bankrupt, staying there until you retired. Today, we live in the land of the Millennial, who now make up...
Millennials and Roth IRA’s: Why the Two Make a Perfect Pair
What, or who, is a “Millennial”? Numerous individuals who find themselves in this generation do not like the connotations the word ascribes, but if you were born in the 80s or 90s, then you fit into what most researchers would call the Millennial generation. Many at...
A Rise in Interest Rates and What That Means For Your Wallet
Although the market rarely remains consistent for very long, the Federal Reserve’s decision to raise short-term interest rates by a quarter-point recently will come as a shock to many consumer wallets. Considering short-term effects, consumers will see a jump for...
Tax Deductions You May Be Unaware Of
We are deep in the throws of tax season, and although many of you have already filed, it certainly never hurts to become more aware of possible deductions. And it goes without saying that we all love saving money or getting a larger return. Below are some unusual...
The New GOP Healthcare Plan and What That Means for You
Our world is filled with seemingly constant changes and developments, however, most Americans have been paying close attention to the potential changes coming out of Washington. While President Trump made many statements about how he would revamp Washington if...
Repealing Obamacare: Tax Changes Could Spell Positive or Negative Changes For Americans
The Trump administration has wasted little time taking action on many of the promises that were made throughout the campaign. One major proposition made by President Trump was the immediate repeal and replacement of Obamacare. While the replacement of our current...
How Trump’s Tax Plan Differs From the GOP’s & How Those Differences Could Affect You
Now that our 45th President has officially been inaugurated, many of his campaign claims are beginning to take shape, including his tax plan. However, it seems that President Trump’s plan does not align as closely as one might think with the GOP’s plan, which has...
Trump and the Housing Market: How His Plans Could Impact the Market in 2017
“New Year, New Me.” This phrase is often uttered in the early parts of a new year as individuals prepare to make changes in their health, career, relationships or a variety of other personal traits. This phrase could ring true for 2017 as America prepares to...
Trump’s Tax Plan and How It May Affect You in 2017
The dust has ultimately settled from the somewhat turbulent Presidential Election of 2016 and preparations are fully underway for our new President’s January 20th inauguration. The transition period from President Obama to President Trump is in full swing with staff...
Self-Employed Professionals Can Keep More Money by Implementing These Tax Strategies
Discover essential tax-saving tactics for self-employed individuals. From choosing the right business structure to maximizing deductions and retirement accounts, this guide offers insights into reducing tax liabilities and retaining more income while ensuring compliance with tax regulations.
Smart Money Moves to Make If You’re Worried About Depleting Your Savings in Retirement
Dive into strategies for a secure retirement, from setting a safe withdrawal rate to delaying Social Security for increased benefits. Learn about the stability annuities offer and how to navigate these options for a worry-free retirement. Tailor your financial plan with these smart tips.
Boosting Efficiency in Professional Services: The Impact of Technology Investments on Business Productivity
Discover the pivotal role of technology in enhancing productivity for professional services firms. From AI to cloud solutions, this article delves into how strategic investments in tech drive efficiency, foster collaboration, and ensure compliance, setting the stage for long-term success.
Upcoming Important Notice to All Business Owners – 2024
The Indiana PTET could result in a balance due on your Indiana business tax return for the net profit of 2023. Upon receiving your tax returns, please open the package immediately and follow the included payment instructions. We’re sharing this now so you can be prepared and take action when needed. We’ll also send reminders with the electronic filing forms.
How Retailers Can Unlock Sales Growth and Build Customer Loyalty through Brand Transparency
Consumer trust and loyalty are paramount in the competitive retail industry, and brand transparency is a powerful catalyst for unlocking sales growth and building long-lasting connections with customers. In this article, we explore the various ways retailers can use...
Small Businesses Are Navigating High Inflation Using These Four Strategies
The impact of inflation on small businesses is typically significant, often squeezing profit margins and jeopardizing long-term sustainability. Amid this challenge, small businesses are finding innovative ways to navigate these turbulent economic waters. In this...
Here’s What to Do with Your 401(k) if You Leave Your Job or Get Laid Off
At some point in your employment journey, you’re going to find yourself at a crossroads – whether you voluntarily quit a job for a new position or face an unexpected layoff. Amidst the emotional and logistical challenges of these changes, one crucial aspect that...
Here are the Surprising Advantages of Health Savings Accounts Beyond Healthcare
Health Savings Accounts (HSAs) are well-regarded tools for managing healthcare expenses, in this article, we’ll explore how these tax-advantaged accounts can save you money.
Veterinary Practices Can Adopt These Technologies for Improved Efficiency, Client Relationships, and Patient Care
Veterinary medicine is experiencing advancements in new technologies as well as improvements in more established ones. Check out our latest article and learn how these technologies can improved efficiencies, client relationships, and patient care.
Amid Soaring Inflation, IRS Releases Higher Tax Brackets and Standard Deductions for 2023
In response to soaring inflation, the IRS has released higher tax brackets and standard deductions for tax year 2023 and subsequent returns filed in 2024. This means that more taxpayers’ earnings will remain in lower tax brackets, which should reduce their income...