Use Overtime Prudently or You’ll Incur Major Risks

When companies depend on overtime to meet productivity goals, they can’t ignore or minimize the stress and disruptions it causes in their workers’ lives. The risks — especially now that so many employees have made it clear that they’ll voluntarily leave their jobs — are too great.What’s more, if a business becomes overly dependent on overtime,…

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Can You Claim Your Parent as a Dependent?

If you pay over half the cost of supporting a parent, your parent is considered your dependent for federal income tax purposes. This treatment potentially entitles you to some significant tax breaks. Here are four potential benefits to consider when you file your 2023 federal income tax return.  How Many Taxpayers Are Affected?According to the Pew…

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5 Ways Financial Advisors Can Help Start-Ups Succeed

Every business starts with a “seed” idea that germinates into a fledging business under the right conditions. The decisions that owners make when launching a start-up will impact its financial well-being for years to come. Here are five ways financial advisors can provide critical guidance at this phase of development: 1. Business Planning You’ll need money…

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Estate Tax Planning Tips for Single People

Estate planning is an important part of your overall wealth management strategy, especially if you’re unmarried. Single parents may worry about who will care for their minor children and whether their surviving kids’ financial needs will be met until adulthood. Likewise, wealthy single people have less flexibility when it comes to shielding transfers from gift and…

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