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What Families Need to Know About the New Trump Accounts
Posted Date January 1, 2026 Posted Time 12:00 pm Published in Service2ClientAmerican parents now have access to a completely new savings tool designed to give children a financial foundation for the future. Established through The One Big Beautiful Bill Act, these accounts carry the name of the current president and come with a unique set of rules that the IRS has just begun to clarify. Who Can Open One? Any minor holding a Social Security number who has not yet turned 18 by Dec. 31 of the current year meets the eligibility criteria. Getting started requires an authorized adult, typically a parent or legal guardian, to submit an application to the... View Article
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Defining An Activity Cost Driver
Posted Date January 1, 2026 Posted Time 12:00 pm Published in Service2ClientAn activity cost driver is anything that causes a company’s variable costs to either reduce or grow. Since measuring an activity cost driver is a way to streamline the administration of managing production costs, it’s an integral part of activity-based costing. Examples of activity-cost drivers are warehouse expenses, modifying engineering designs, and retooling, setup, and maintenance costs for machining needs. This can include higher warehouse expenses due to increased rents or leases, which add to the final amount of the product or service’s sales price. Machining costs include initial setups for initial production and ongoing maintenance costs for continued runs.... View Article
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What Seniors Actually Got in the Latest Tax Bill
Posted Date January 1, 2026 Posted Time 12:00 pm Published in Service2ClientCampaign messaging would have you believe retirees just scored a major victory. The talking point is everywhere: Social Security benefits are now tax-free. But anyone who reads the One Big Beautiful Bill Act will discover something different. The legislation contains nothing that removes Social Security from federal taxation. Zero provisions. The tax structure that has applied to benefits for over four decades remains fully intact. So, what did pass? A new deduction aimed at older Americans. And through some rhetorical gymnastics, that deduction is being sold as something it fundamentally is not. A Deduction Is Not an Exemption The OBBBA... View Article
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Passive Income 101
Posted Date January 1, 2026 Posted Time 12:00 pm Published in Service2ClientIf you’re tired of the 9-to-5 grind, then passive income could be for you. While not a get-rich-quick scheme, it’s a way to build systems that contribute to financial stability and extra money. It can even support long-term goals like early retirement. Here’s a high-level look at what it is and how it works. Types of Passive Income Sources Investment IncomeThis includes individual stocks or mutual funds, interest payments from corporate bonds, or capital gains from selling securities at a profit. While they all involve risk, these types of investments can compound and grow over time. Rental IncomeDepending on where... View Article
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What Frictionless WebAR Means for Creators, Brands and Small Businesses
Posted Date January 1, 2026 Posted Time 12:00 pm Published in Service2ClientThe way people interact with the web is changing fast. Attention spans are shorter, app fatigue is real, and users no longer want to download, sign up, or navigate complex interfaces just to engage with content. New technologies like frictionless web-based augmented reality (WebAR) are emerging as powerful solutions. This shift opens great opportunities for creators, brands, and small businesses. What is Frictionless WebAR? Every extra step between a user and an experience reduces engagement. Downloading apps, dealing with permissions, updates, and onboarding screens all create friction. However, frictionless WebAR is delivered directly through a web browser. It uses web... View Article
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Improving Military Benefits, Relaxing Energy Regulations and Increasing Aviation Regulations
Posted Date January 1, 2026 Posted Time 12:00 pm Published in Service2ClientVeterans’ Compensation Cost-of-Living Adjustment Act of 2025 (S 2392) – This Act was introduced by Sen. Jerry Moran (R-KS) on July 23. It passed in the Senate on Nov. 9, the House on Nov. 17, and was signed into law on Nov. 25. The purpose of this bill is to increase rates of compensation for veterans with service-connected disabilities, as well as the rates of dependency and indemnity compensation for the survivors of certain disabled veterans. The rate hikes became effective on Dec. 1. Fairness for Servicemembers and their Families Act of 2025 (HR 970) – This bipartisan Act was... View Article
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