Nov 2, 2023
By Guest Writer Don Khouri, Executive Coach, Fortune Management When I was a Junior in College in the mid-1980s, I took a full-semester, four-credit course on Artificial Intelligence (AI). AI was in its infancy, its societal implications significant but unknown. It...Nov 2, 2023
Q: I just had a hard credit inquiry alert even though I did not apply for a line of credit. Any advice on what to do? A: That’s unsettling. Are you sure this wasn’t something done by the lender for your practice? Assuming this is in connection with a new line...Nov 2, 2023
Below is a brief summary of reporting foreign accounts, gifts and inheritances. Please note that the penalties for non-compliance can be onerous. If you inherit or receive a gift from a foreign person of more than $100k: Complete a Form 3520 (About Form 3520, Annual...Nov 2, 2023
Most years, the government bumps up the maximum Social Security taxes that you can pay. For 2024, the maximum wage base jumps to $168,600, an increase of $8,400, or 5.2%, over the max of $160,200 that was in place for 2023. At a rate of 6.2%, the maximum Social...Oct 10, 2023
Even if your parent files their own personal income tax return and doesn’t meet the criteria for you to claim them as a dependent on your own tax return, you might still have the opportunity to deduct their medical expenses when you file your taxes. If you are...