Research and development (R&D) tax credits are incentives given by the government. The R&D tax credit is created to assist businesses and help them offset their research and development costs. The R&D tax credits were created in 1981 to spark enthusiasm and encourage research and development in the United States. Although this program was designed…
Managing your finances can be pretty tricky, especially if you don’t bother much about economic trends, tax rates, etc. It requires time, skills, and effort, and not everyone is financially savvy. More so, wealth management and monetary planning are essential in planning your financial future. It helps you make conscious efforts towards your retirement and…
Financial freedom. This often feels like a fairy tale that’s achievable only in fiction. Isn’t it? At least after what happened last year when the pandemic wreaked havoc on the global economy. And if you are a senior with tens of thousands of loans, this outbreak would have genuinely created a roadblock towards your path…
Money may not be able to purchase joy, but it may provide a feeling of safety. You can always seem like you’re one step away from your finances collapsing beneath you if you don’t have a grasp on managing your finances. Life may not be simpler when you handle your money wisely, but you will…
Unless you took a degree in accounting or started a financial services company, accounting probably isn’t your biggest skill. And yet, understanding how finances work – profit and loss, budget projections, cash flow – is important to understanding and improving the health of your business. For this reason, business owners should prioritize improving their financial…
Bankruptcy is often misunderstood. While many know that it is a kind of financial resort, but only a few know the specifics. Does filing for bankruptcy mean you’re out of money? Is informing your creditors that you can’t pay them back enough? Is it a good thing or a bad thing? More importantly, how do…
Life is unpredictable – it takes a wrong turn just when we think everything’s going well. You can’t change that, but you can prepare yourself for unforeseen circumstances. Most of us do not take our finances seriously until we have a life-changing event, such as a wedding, funding for higher studies, the birth of a…
The spread of pandemic results in the shutting down of restaurants, retail stores, and other nonessential businesses. Therefore, looking for money-saving resources becomes a challenging job for everyone. Especially when people are losing their jobs and have to clear outstanding liabilities. In this write-up, we came with nine ultimate ways that help you to save…
You may have received an email or a letter from the Social Security Administration (SSA) about your benefits and other forms of notice. They may have been about changes in your claims and benefits, for instance, your benefit amount and eligibility amendments. One such notice coming from SSA may be a benefit verification letter. This…
Being involved in a ‘driving under the influence’ or ‘DUI offense’ can be an overwhelming experience. DUI refers to an offense of operating or maneuvering a vehicle while being under the influence of alcohol or other intoxicating drugs that renders the driver incapable of operating a car safely. Since it’s one of the common causes…