HR Lineup

MARCH 23, 2025

In 2025, HR systems are expected to be smarter, more automated, and deeply integrated with other business functions such as finance, project management, and customer relationship management (CRM). Improved Compliance and Risk Management Compliance with labor laws, tax regulations, and company policies is a significant challenge for HR teams.

Payroll 233

Payroll Global Payroll Taxes Human Resources 233

Take It Personel-ly

MARCH 22, 2021

As tax season rolls around, it can be a time-consuming and challenging process for small business owners to get things in order. tax code can be complex, and finding yourself out of compliance could lead to steep penalties. Developing good tax prep habits and maintaining accurate records and practices all year long can […].

Taxes 258

Taxes Finance IT 258

Money Talk

AUGUST 8, 2024

With less than five months remaining in 2024, now is the time to begin serious tax planning for your 2024 income tax return. I recently attended a webinar with some tips for financial advisors about reviewing clients’ tax returns. Simply look at your 2023 tax return and divide your total tax owed by taxable income.

Taxes 176

Taxes Deductions Deductible Finance 176

Money Talk

DECEMBER 27, 2024

As 2024 winds down next week, its time for my final quarterly summary of take-aways from recent personal finance classes, conferences, and webinars that I attended. Couple Finances- One study found that 43% of couples merge all their money, 34% have a joint account for shared expenses only, and 23% keep all their money separate.

Retirement Plan 166

Retirement Plan Finance Taxes Insurance 166

Take It Personel-ly

DECEMBER 15, 2020

The year 2020 has not done anything to improve anyone’s financial security, so if you’re cleaning up an old tax bill […]. Worse, dealing with an audit can be scary if the payments make it impossible to have enough to live on.

Taxes 286

Taxes Finance IT Management 286

Money Talk

JUNE 5, 2024

I recently attended a webinar about women’s finances presented by the FINRA Investor Education Foundation in cooperation with the New York Public Library. 57% of men) ¨ 59% of women feel anxious about their finances (vs. 57% of men) ¨ 59% of women feel anxious about their finances (vs. 52% of men) ¨ 48% of women (vs.

401(k) 313

401(k) Finance Taxes Utilities 313

Money Talk

FEBRUARY 23, 2023

Knowing your tax rate can help you prepare a tax return and take action(s) to reduce your tax liability. Do you know your federal income tax rate? You may actually have several different tax rates (e.g., This post describes the different federal tax rates that apply to taxpayers. a year and a day or longer).

Taxes 188

Taxes Retirement Plan Finance Commissions 188

Money Talk

JUNE 16, 2022

If you picture retirement planning and taxes as a Venn Diagram, there is lots of overlap between these two areas of personal finance. This is true both during one’s working years (when taxpayers are saving for retirement) and later, when people are older and withdrawing taxable income from tax-deferred accounts.

Taxes 188

Taxes 401(k) Retirement Plan Pension 188

Money Talk

APRIL 14, 2022

The 2021 income tax season will soon be in the history books. With income tax calculations still fresh in our heads, this is a great time to do some tax planning for 2022. Here are 12 tax topics to consider: Itemized Deductions- Only about 10% of taxpayers can itemize since the Tax Cuts and Jobs Act went into effect in 2018.

Taxes 189

Taxes Family and Medical Leave Act 401(k) Deductions 189

Money Talk

MARCH 22, 2023

With 2022 income tax season well underway and almost three months already passed in 2023, now is an appropriate time to review some evergreen tax planning tools and techniques. A larger standard deduction means that taxpayers can shelter more income from income taxes. an elective surgery) that exceed 7.5%

Taxes 189

Taxes 401(k) Deductions Deductible 189

Money Talk

SEPTEMBER 14, 2023

One of the niche audiences for my business, Money Talk , is older adults grappling with financial issues such as creation of a retirement “paycheck,” paying taxes on required minimum distributions (RMDs), and simplifying financial accounts. Tax-free accounts (e.g., Tax-free accounts (e.g., Tax-deferred accounts (e.g.,

Taxes 194

Taxes 401(k) Retirement Plan Pension 194

Money Talk

FEBRUARY 15, 2024

With 2023 tax season well underway, now is a good time to examine income tax rates, which are a percentage of taxpayers’ income that is taxed. income tax system is progressive, which means that taxes take a larger percentage of income from taxpayers with higher taxable incomes.

Taxes 185

Taxes 401(k) Commissions Bonuses 185

Money Talk

MARCH 29, 2023

Last year, I wrote a post that described the pros and cons of filing your income taxes by paper or electronically (e-filing). Looking back, it was also a “personal pep talk” for me because I knew I was part of a dying breed of paper income tax filers. of tax returns are filed by paper or, in numerical terms, nearly 13.2

Taxes 189

Taxes Electronics Finance Software 189

Take It Personel-ly

MAY 1, 2021

You opened it (or logged online) to see that glorious number — but thanks to taxes, […]. It might have been from your job in high school, and it was time to collect your first-ever paycheck after working for two weeks.

Taxes 246

Taxes IT Finance Management 246

Money Talk

MAY 31, 2023

Tax Planning - Until 12/31/25, taxes are “on sale.” Nobody has a crystal ball, but we know that tax rates will rise starting in 2026 when the Tax Cuts and Jobs Act expires. There are only two ways to reduce taxes: 1. When the government lowers tax rates. Make less income and 2. Financial knowledge is power.

Finance 246

Finance Taxes Pension Education 246

Flimp Communications

FEBRUARY 25, 2025

As the April tax filing deadline is nearing, Americas employees let out a collective groan. This isnt a comment on the economy or current tax policies. Tax season has always arrived with a jolt. Tax filing forces people to honestly assess their incomes, savings plans, and progress toward their financial goals.

Taxes 69

Taxes Deductions Deductible Flexible Spending Account 69

Take It Personel-ly

JULY 9, 2020

Is your tax return due and you’re not prepared? One of the best things you can do is to file for tax extension. A tax extension is a great way to get the time you need to prepare and gather your documents. This is a common problem. However, if this is the first time you […].

Taxes 168

Taxes Finance Management 168

Money Talk

JUNE 28, 2023

It’s halftime for your 2023 finances and a perfect time to review where you stand, make mid-year adjustments, and complete recommended financial planning action steps. Below are ten mid-year financial tweaks and tasks: Tax-Deferred Savings Tweak - Perhaps you will get a raise on July 1. The 2023 maximum pre-tax contribution is $3,050.

Flexible Spending Account 242

Flexible Spending Account Banking Health Savings Account Taxes 242

Money Talk

DECEMBER 7, 2023

As the year winds down so, too, does your opportunity to take proactive steps to reduce 2023 income tax due in April 2024 and, perhaps, taxes due in future years as well. Below are some money-saving tax planning strategies to consider. tax-deferred retirement plan contributions and charitable gifting) are already accounted for.

Taxes 158

Taxes Retirement Plan Deductions Deductible 158

Money Talk

MAY 11, 2023

If taxpayers are near the top of a marginal tax bracket , RMDs can move them up to a higher tax bracket. Use of RMD Withdrawals - A chunk will pay income taxes. Multiple RMD Ages- People with tax-deferred retirement savings accounts born in 1950 or earlier have a RMD of 72 (or 70½ for those who turned 70½ prior to 2020).

Retirement Plan 246

Retirement Plan Taxes Finance Government 246

Take It Personel-ly

JULY 23, 2020

One of the benefits of running a business or working for yourself is that you can write a lot of things off on your taxes. Tax depreciation is one way to reduce your tax bill whenever you buy equipment or real estate. You can take the tax benefit now, or you can spread it over […].

Taxes 180

Taxes Finance IT Management 180

Take It Personel-ly

SEPTEMBER 18, 2021

Taxes typically take the backseat to customer acquisition and sales when it comes to your time and attention. However, don’t get so distracted during tax season that you make mistakes that result in you overpaying your taxes, incurring tax penalties, or inviting an audit. org to guide you on your tax […].

Taxes 194

Taxes Finance IT 194

Money Talk

APRIL 12, 2023

Common challenges that affect many widows/widowers are aloneness, a lower income, increased taxes/higher tax rate filing as an individual vs. a couple, loss of services that a deceased spouse used to perform, and no longer spending time with couples. It includes lying about finances and debt and hiding purchases.

Banking 246

Banking Taxes Finance Pension 246

Money Talk

MARCH 24, 2022

I recently taught a 90-minute personal finance class for women age 50+. Depending on household income/assets and lifestyle decisions, income taxes and housing costs may increase or decrease. 401(k)s), tax-deferred accounts (e.g., IRAs), taxable accounts, rental real estate, other assets (e.g.,

401(k) 278

401(k) Finance Entertainment Taxes 278

Business Management Daily

JUNE 26, 2023

Either way, you’ll need to master the basics of business finance if you want to find success. Even employees not working directly in finance generally need a basic understanding of it to succeed. Nothing exists in a bubble, and business finance is no different. Why is that?

Finance 105

Finance Banking 401(k) Deductions 105

Take It Personel-ly

DECEMBER 17, 2020

Doing an internet search on taxes Calgary imposes gives you a lot of information on the new tax regulations that have recently come out. While most of us will agree that taxes are necessary, we struggle to justify the tax burden that businesses ad individuals face especially as so many are struggling to make ends […].

Taxes 155

Taxes Finance Management 155

Money Talk

JUNE 13, 2024

With the 2023 tax filing deadline in the rear view mirror, now is a good time to look ahead to 2024 taxes that you will owe in April 2025. This post extends that discussion with a description of seven key steps to take to plan for your 2024 tax return due in 2025. The IRS withholding estimator can help make this calculations.

Taxes 125

Taxes 401(k) Retirement Plan Health Savings Account 125

WEX Inc.

OCTOBER 2, 2024

Exploring HSAs and FSAs HSAs and medical flexible spending accounts (FSAs) let you save money because the funds you contribute to them are pre-tax. Consider the following when evaluating these accounts: Tax benefit: Contributions to HSAs and FSAs are tax-deductible and reimbursements for qualified medical expenses are tax-free.

Employee Benefits 98

Employee Benefits Flexible Spending Account Health Savings Account Life Insurance 98

Money Talk

FEBRUARY 22, 2024

With income tax season well underway, many people are getting ready to see a tax preparer to get their 2023 income tax return prepared and filed before April 15, 2024. Some may have a long-standing tax pro while others are selecting a tax preparer for the first time. About half of U.S. About half of U.S.

Taxes 127

Taxes Banking Finance IT 127

Take It Personel-ly

APRIL 11, 2021

Tax season is here, and the stress builds up as the date of filing approaches. It can be tempting to do taxes on your own especially if you think it will save you some money. Filing your taxes […]. The process can be simple for some, but far more complicated for busy CEOs and married couples.

Taxes 169

Taxes Finance IT Management 169

HR Lineup

OCTOBER 13, 2024

Hays operates in 33 countries and is known for its expertise in professional recruitment across industries such as IT, finance, and engineering. Ensure they have expertise in managing international labor laws, tax regulations, and cross-border recruitment.

Consulting 246

Consulting Payroll Payroll Service Recruitment 246

Money Talk

MARCH 2, 2023

Last year, I noticed a new trend that has continued into 2023: ads on social media about online financial seminars focused on required minimum distributions (RMDs) and income taxes owed in later life. Tax diversification throughout one’s working years can reduce taxes in later life, 2.

Taxes 245

Taxes Consulting Education Finance 245

WEX Inc.

SEPTEMBER 19, 2024

Visual health is a vital component of overall well-being, and unexpected eye-related expenses can put a strain on your finances. It is not legal or tax advice. For legal or tax advice, you should consult your own legal counsel, tax and investment advisers.

Health 98

Health Flexible Spending Account Health Savings Account Flexible Spending 98

Money Talk

MARCH 15, 2023

Three Types- Fixed annuities are like CDs, only tax-deferred, and guarantee a certain interest rate for a specified time period. Variable annuities are like mutual funds, only tax-deferred, and their owners select underlying mutual funds, called subaccounts, which determine an annuity’s performance. Medicaid planning, 2.

401(k) 244

401(k) Life Insurance Taxes Insurance 244

Money Talk

MAY 4, 2023

Inflation-induced price hikes on goods and services are like a regressive sales tax and hurt those with low incomes the most. This means that more young adults will enter college, careers, or the military with personal finance knowledge. Below is a brief description of the ten trends that I discussed: Inflation- The U.S.

Education 245

Education Finance Pension Taxes 245

Money Talk

OCTOBER 27, 2022

While taxpayers have until the tax filing deadline in April 2023 to contribute to an individual retirement account (IRA) for 2022, many people prefer to make all of their current year tax-saving moves before year-end. IRAs are not an investment, per se, but, rather, a special classification for tax purposes.

Deductions 245

Deductions Deductible Commissions Taxes 245

Money Talk

JULY 5, 2024

While technically not a tax, IRMAA is a drag on payees’ bottom line. In other words, people are happy not indulging in high-cost activities that put a strain on their finances. Women’s Finances - The gap between average salaries for men and women can add up to hundreds of thousands of dollars over working years. The highest U.S.

Finance 169

Finance Taxes Retirement Plan Retail 169