Health Savings Accounts Fill Multiple Tax Needs
The Health Savings Account (HSA) is one of the most misunderstood and underused benefits in the Internal Revenue Code. Congress created HSAs as a way for individuals with high-deductible health plans (HDHPs) to save for medical expenses that are not covered by insurance due to the high-deductible provisions of their insurance coverage.
However, an HSA …
Being Proactive in the Face of a Possible Recession
Nobody can say for sure if a recession is coming; however, it is clear that if one does occur, it will mean hard times for manufacturers. In a recent article for Industry Today, author Jeff Cagle explores how manufacturers can prepare for the possibility of a recession by motivating their channel partners with extra …
Implementing New Technology Solutions in Manufacturing
In order to handle the many challenges that manufacturers face today, they need to use innovative, technology-driven solutions, writes Matt Heerey in a new article for Manufacturing Business Technology. Successful manufacturers are those that have begun to tap into the latest technologies, including enterprise resource planning solutions, artificial intelligence and machine learning, machine intelligence, …
New Strategies for Developing New Talent
New strategies are going to be required in order to manage the labor shortage facing manufacturers, writes Chris Keaveney in a recent article from Industry Week. In addition to upskilling and reskilling current employees, many manufacturers are turning to partnerships with local governments, community colleges, and/or state economic development agencies to train new labor. …
Pursuing Innovation at All Levels and in All Areas
The key to successful innovation in a manufacturing setting is not to find the next best theory or idea—it is to create a culture that supports originality and the pursuit of improvements, writes Jordan Erskine in a recent article for Industry Week. It is also important that your culture support innovation at all levels …
If You Want to Maximize Your Social Security Income, You Need to Start Planning Now
According to one recent study, about 27% of people in the United States between the ages of 55 and 67 years old have less than $10,000 saved for retirement. If you needed just one statistic to outline how important it is to plan ahead when you’re younger, let it be that one.
Similarly, you need …
October Extended Due Date Just Around the Corner
If you could not complete your 2021 tax return by April 18, 2022 and are now on extension, that extension expires on October 17, 2022. Failure to file before the extension period runs out can subject you to late-filing penalties.
There are no additional extensions (except in designated disaster areas), so if you still do …
Luxury Cars Are Becoming the Go-To for Gen Z Buyers
This article explains that Gen Z is more likely to buy a luxury vehicle partially both because of social media and their upbringing. Almost 1 in 6 Gen Zers drove a BMW as their first car, and 1 in 12 said they have an Audi for their first ever vehicle. Out of the current …
Luxury Cars Are Becoming the Go-To for Gen Z Buyers
This article explains that Gen Z is more likely to buy a luxury vehicle partially both because of social media and their upbringing. Almost 1 in 6 Gen Zers drove a BMW as their first car, and 1 in 12 said they have an Audi for their first ever vehicle. Out of the current …