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  • Lost Inheritance: How To Find a Deceased Parent’s Assets

    Posted Date September 1, 2019 Posted Time 12:00 am Published in

    🖨 Print⏱ 5 min read If you have a relative who recently died and left you in charge of his or her finances, you are not alone. You probably have colleagues at work in the same boat. A neighbor or two (or 10) and even your millennial yoga teacher might very well be working through a quagmire of wills, probates and assets nobody can find. You are definitely not the only one. The internet has made it much easier to keep track of our checking, savings and investment accounts. But the elder generation generally missed out on the convenience of... View Article

  • Extending Medicaid Funding, the Debt Limit, Membership into the American Legion, and Support For 9-11 Victims, Law Enforcement Officers, and Breastfeeding Moms

    Posted Date September 1, 2019 Posted Time 12:00 am Published in

    đź–¨ Print⏱ 3 min readSustaining Excellence in Medicaid Act of 2019 (HR 3253) – This bill authorizes appropriations through fiscal year 2024 and makes changes to several Medicaid programs and funding mechanisms. Some of the provisions include allowing state Medicaid fraud control units to review complaints regarding noninstitutionalized patients; temporarily extending Medicaid eligibility to protect against spousal poverty for recipients of home and community-based services; repealing the requirement for drug manufacturers to include the prices of authorized generic drugs when determining the average manufacturer price (AMP) of brand name drugs; and excluding manufacturers from the definition of “wholesalers” for purposes... View Article

  • The Rise of Biometrics Security and Why You Should Take Precaution

    Posted Date September 1, 2019 Posted Time 12:00 am Published in

    đź–¨ Print⏱ 6 min readBiometric technology has been on the rise as it promises to make the authentication process more secure and convenient. Unlike passwords and key cards, biometrics are something you will always have, can’t share and can’t forget. This makes the biometric approach convenient and at the same time it has lower password management costs. Biometrics also are said to be difficult to steal or hack; difficult, but not impossible. Any technology can have loopholes that can be exploited, and that’s why you need to understand it well and take precautions if you decide to use this approach.... View Article

  • Payroll Management Tips

    Posted Date September 1, 2019 Posted Time 12:00 am Published in

    đź–¨ Print⏱ 4 min readWhen it comes to an employer’s responsibility for non-exempt workers, according to the U.S. Department of Labor, there are many requirements businesses must follow related to payroll. In one example, there are strict regulations on what information employers must document for each non-exempt worker. While there’s no requirement on how the information is recorded, there are three main categories. Personal details: This should include the employee’s name, complete address, Social Security number, date of birth and gender. Job details: This must include the worker’s job description and hours clocked in each day and week. Pay details:... View Article

  • The Five Key IRS Rules of Taxation for Lawsuit Settlements

    Posted Date September 1, 2019 Posted Time 12:00 am Published in

    🖨 Print⏱ 4 min readComing out on the winning side of a lawsuit as a plaintiff can be a gratifying feeling, especially if there is a financial settlement involved. There is likely a sense of both relief and vindication. Unfortunately, far too often people are in for a shock when they realize that they must pay taxes on the award. You can even be taxed on your attorney fees! However, a little tax planning can go a long way, especially if you do it before the settlement is finalized and the award is substantial. Below are the five key rules... View Article

  • 5 Money-Saving Ideas for Back-to-School Shopping

    Posted Date September 1, 2019 Posted Time 12:00 am Published in

    đź–¨ Print⏱ 3 min readJust when you’ve finished spending a bunch on swimsuits and stuff for grilling out, summer’s over and it’s time for the kids the head back to school. How did this happen? Here are some ways to cut expenses while shopping for all those inevitable, seemingly never-ending things that the season demands. Create a Budget This might seem like a no-brainer, but it’s worth mentioning and well worth it before you enter headlong and breathless into the frenzy of a superstore. Make a list of the things you need before you leave the house, then let your... View Article

  • The Power of Gold

    Posted Date August 30, 2013 Posted Time 6:25 am Published in

    “It glitters and shines, it badgers and blinds” – Dan Fogelberg. Lately, I can’t get gold out of my mind. Perhaps it’s from the unrelenting barrage of gold commercials on the tube, in the print media and almost every time I pull up an app. And I wonder if William Devane really does buy gold. Here are some thoughts I’ve jotted down about gold. Jot #1 – Why is gold so valuable? Gold is one of the heaviest elements found on earth right up there with platinum, uranium and silver. But, gold and the other heavy elements weren’t made on... View Article

  • OBAMACARE – Thoughts Leading Up to October 1st

    Posted Date August 19, 2013 Posted Time 10:11 am Published in

    Good Morning! I was thinking about the fast-approaching October 1st enrollment date for ObamaCare and the implications for individuals with private healthcare policies or no health insurance at all. I jotted down some quick thoughts. Here they are: Jot 1 – Enrollment in the health insurance marketplace (exchanges) can be accomplished either online, by mail or in-person. Jot 2 – If you decide not to purchase health insurance, you will pay the piper a minimum penalty on your 2014 Form 1040 of $95 but no more than 1% of your total income. Let’s say the penalty is $95. This is... View Article

  • Pension Plan Liabilities

    Posted Date August 8, 2013 Posted Time 10:13 am Published in

    I’ve noticed that many cable news channel reports as well as reports in print media have been using the term “unfunded” to describe pension woes of municipalities. There are actually two terms that should be used to describe the pension liabilities: “unfunded” and “underfunded”. An unfunded liability does not mean that the plan is underfunded. There is nothing intrinsically wrong with having an unfunded liability. Unfunded liabilities are a natural component of municipality funding, similar to a mortgage on residential or business property. Underfunded means that the pension plan sponsor of the municipality has not made sufficient contributions to fund... View Article

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