Century-Old Gardner Office of National Accounting Firm Shuts Down
BDO USA, a prominent accounting firm headquartered in Chicago and boasting over 75 branches across the United States, has made the decision to close its Gardner office. The Gardner location, situated at 55 Lake St., holds historical significance as it was established in 1924, serving as the firm’s inaugural office in the New England region. […]
Tax-Saving Strategies: Donations and Charity in the USA
Navigating tax season can be overwhelming, but it also presents an opportunity for many Americans to lessen their tax burden through charitable giving. By donating to qualified organizations, individuals can significantly reduce their taxable income, ultimately leading to a smaller tax bill. The key to maximizing tax-deductible giving lies in understanding which organizations qualify. The […]
Insider Sales Totaling US$33m at Ameriprise Financial Raise Caution Signals
Insider Selling Raises Concerns Among Investors at Ameriprise Financial, Inc. (NYSE:AMP) The recent trend of multiple insiders at Ameriprise Financial, Inc. (NYSE:AMP) offloading a significant number of shares over the past year has sparked apprehension among investors. While insider transactions can provide valuable insights into a company’s prospects, it’s essential to distinguish between insider buying […]
Florida Taxpayers Enjoy Exceptional ROI Compared to Most US States
Nearly three-quarters of Americans believe they pay excessive taxes, reveals a survey by WalletHub. However, Floridians enjoy a significant return on investment (ROI) from their tax dollars compared to most states, according to WalletHub’s recent assessment of states with the best and worst ROI for taxpayers. ROI, a financial term, gauges the profitability of an […]
US Capital Global Sets Record with $2.2BN Annual Transactions Over 3 Years
US Capital Global proudly announces a significant milestone, having closed 90 transactions totaling over $6.5 billion in the past 36 months. With headquarters in San Francisco and key offices strategically located worldwide, including in Dallas, Philadelphia, Miami, New York, London, and Dubai, US Capital Global solidifies its position as a premier full-service global private financial […]
Consequences of Not Paying Your Taxes: What You Need to Know
If you’re facing tax debt, you’re not alone. The IRS estimated that Americans owed over $668 billion in back taxes, penalties, and interest in 2021. But ignoring the problem won’t make it go away—it could actually make it worse. Here’s what you need to know about what happens if you don’t pay your taxes. What […]
Today’s US Economic Update: Mortgage Loan Sizes Reach Near Two-Year Peak
Today, we’ll delve into the latest developments shaping the U.S. economy and how they might impact your financial outlook. Stay tuned as we analyze data releases, economic reports, expert insights, and more to provide clarity on economic matters that affect you. Federal Reserve Decision: As expected, the Federal Reserve has decided to maintain its key […]
Income Tax Department: Offices Open Throughout March 29-31
Income Tax Department Cancels Long Weekend to Assist Taxpayers As the fiscal year 2023-24 draws to a close, taxpayers face looming deadlines and obligations. Despite the extended weekend due to Good Friday falling on March 29, Saturday on March 30, and Sunday on March 31, the Income-tax department has decided not to observe this prolonged […]
Americans May Receive Up to $5K Tax Credit for Buying USA-Made Products
Khanna and Dingell Introduce Made in the USA Tax Credit Act Democratic Representatives Ro Khanna and Debbie Dingell have proposed a bill aimed at encouraging Americans to support small businesses in the United States. The legislation, known as the Made in the USA Tax Credit Act, offers tax credits of up to $2,500 for individuals […]
Biden Releases 2025 Budget Request
President Biden Proposes $7.3 Billion Budget, Emphasizing Progressive Policies President Joe Biden has unveiled a $7.3 billion budget proposal, outlining his administration’s focus on progressive initiatives while seeking increased funding for various priorities such as crime prevention, border security, and foreign aid. Typically regarded as wish lists, presidential budget proposals present an administration’s policy priorities. […]