What to Know About RMDs and Retirement Planning

What to Know About RMDs and Retirement Planning

People planning for retirement need a game plan for required minimum distributions. Do it right, and they’ll keep more savings in their pockets—and less in the government’s. However, RMDs—the yearly withdrawals from retirement funds that many people must make...
IRS gives more clarity on how to report digital assets

IRS gives more clarity on how to report digital assets

The Internal Revenue Service expanded how taxpayers should report their cryptocurrency transactions in draft instructions for 2022 tax forms posted late Monday, changing the language from “virtual currency” to “digital assets.” “They’re being a little more attuned to...
The Role of Small Businesses and Companies in Climate Fight

The Role of Small Businesses and Companies in Climate Fight

How Small Businesses Can Have a Big Impact in the Climate Fight We frequently concentrate on the Chevron and ExxonMobils of the world when we consider the businesses that are accountable for carbon emissions. However, almost every business has a carbon footprint. And...
How Cognitive Bias Affects Your Business

How Cognitive Bias Affects Your Business

When it comes to financial decisions, business decisions, and human behavior, humans frequently act irrationally and unexpectedly. The goal of behavioral finance is to explain why people behave differently under pressure than what economic theory says they will. This...