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...
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’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...
2014 Year-End Tax Planning
Year-end tax planning is especially challenging this year because Congress has yet to act on a host of tax breaks that expired at the end of 2013. Some of these tax breaks may be retroactively reinstated and extended, but Congress may not decide the fate of these tax...
The Latest Tax Implications of the Affordable Care Act Update (Obamacare)
The Latest Tax Implications of the Affordable Care Act Update (Obamacare) Did you know the health care law actually created two new taxes to help pay for the cost of the ACA? The first of the two taxes is the Net Investment Income Tax (NIIT). It is a new Medicare tax...
How Tariffs, Economic Uncertainty, and the One Big Beautiful Bill Are Impacting Small Business Earnings
Small businesses are finally seeing signs of life after a rocky few years. Since January, average earnings have climbed by 75%. That’s an encouraging statistic, yet monthly revenues still lag behind the record highs of the past two years. This signals that progress is...
Americans Spend Hours Thinking About Money: Financial Stress, Its Impact, and Practical Solutions to Ease Worries
Recent surveys reveal that Americans spend hours each week thinking about their finances. Rising prices, mounting debt, and uncertainty about the future all contribute to financial stress. Add in steep housing costs, concerns over tariffs raising the price of goods,...
How Small Retailers Can Use Local Partnerships to Drive Foot Traffic and Boost Sales
Small retailers have a rough go competing against big chains and e-commerce giants, but there’s one thing these smaller stores have that Amazon doesn’t: community. Local stores have the opportunity to build connections with their customers. Building partnerships...
Why 2025 Is the Perfect Time to Start or Buy an Independent Veterinary Practice
A noticeable trend in 2025 points to a resurgence in independent veterinary ownership. In an era dominated by corporate consolidation, 2025 is shaping up to be a turning point — especially for veterinarians ready to reclaim ownership, redefine care models, and build...
Why the One Big Beautiful Bill Act Could Be a Lifeline for Small Businesses Facing Tariffs and Inflation
As small business owners face continued inflation and rising tariffs, the One Big Beautiful Bill Act (OBBB) could provide critical financial relief for Main Street businesses. By extending key provisions from the Tax Cuts and Jobs Act of 2017 (TCJA), the legislation...
Understanding How Trump’s One Big Beautiful Bill Affects Social Security Benefits
President Trump’s “Big Beautiful Bill” has been making headlines, particularly for what it could mean for older Americans collecting Social Security. While many headlines have suggested that the bill would eliminate taxes on Social Security benefits, that’s not...
How to Transfer an SBA Loan: Rules, Restrictions, and What’s Allowed
Transferring an SBA loan isn’t a straightforward process. Whether you’re selling your company or planning for a family succession, understanding how to transfer an SBA loan and what’s legally allowed is critical for staying compliant and protecting your finances. In...
Surprising 401(k) Features That Can Boost Your Retirement Savings
A 401(k) is often thought of as a set-it-and-forget-it kind of account—set a contribution amount, bank on a company match, and let the market do its thing. But if you haven’t checked in on your plan lately, you might be missing out on some significant new features....
Proven Strategies to Help Construction Firms Streamline Bidding and Win More Contracts
Winning new business isn’t just about offering a competitive price. It’s about creating a well-structured and convincing proposal that shows why you’re the best choice for the job. Whether your company is established or still growing, improving your bidding process is...
2025 Construction Trends That Will Impact Your Business’s Bottom Line
As we move through 2025, construction businesses are navigating a mix of challenges and fresh opportunities. A steady economic rebound, higher levels of government investment, and rising demand for infrastructure, housing, and commercial development are driving growth...