Small to mid-sized business owners can breath a sigh of relief or at least until January 1st, 2015. The Obama administration has recently announced that small businesses will have a one year grace period to comply to the new health insurance requirements as part of the Affordable Care Act. What does this mean for your business? Read More.
We are now in the peak season for travel abroad to popular destinations such as Europe. In the past, paying with travelers checks was de rigueur when traveling overseas, but these days they’re overshadowed by credit cards and ATM machines. Should you use cash or cards when paying for purchases overseas? Read More.
A new AAA survey indicated that 66% of the adult US population plan to travel at least once this year. In addition, the average adult is expected to make 3.5 trips this summer. You can bet that a large percentage of those travelers will be hitting the roadways with gas prices expected to be lower than in the summer of 2012. If you’re planning a road trip, it’s important to understand your auto insurance coverage across state lines. Read More.
The 28 million plus small and mid-sized private companies that serve as a major growth engine for our economy may soon benefit from a simpler set of accounting reporting rules. Read More.
The recent rise in mortgage rates and home prices have some potential buyers thinking about renting. Specifically, rates have risen substantially over the past six months or to nearly 4% for a 30 year mortgage. Housing prices are also on the uptick with a 10% year over year increase or more in most markets. Still, does the rise justify the fact that some buyers are thinking about renting instead? Read More.
There are many consumers holding too many credit cards. This may be because they’ve signed up for new cards for the offers or they’ve accumulated credit card debt and opened a few additional ones to survive. Whatever the case, this may be the year to consider closing a few accounts. This can be achieved, but act with caution. Read More.
The IRS has been under pressure recently from privacy concerns and accountability issues with internal spending. The Obama administration has taken action in removing the IRS commissioner that will be reviewing how the agency operates in the future. What are taxpayers to make of these changes going forward? Read More.
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