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Articles for May, 2025
Tax and Financial News
Strategic Roth IRA Conversions: Maximizing Retirement Income While Minimizing Taxes
May, 2025
For many high-income earners and those approaching retirement, a Roth IRA conversion represents a strategic financial move that can significantly impact long-term wealth preservation. This approach allows...
General Business News
Cash Flow Available for Debt Service (CFADS)
May, 2025
When it comes to the risk of default, Moody's found that during Covid-19, American businesses had a 7.8 percent chance of defaulting. This is compared to a low of 4 percent in 2021, but lower than the current 9.2 percent risk of...
Accounting News
How to Account for Bad Debt Expense
May, 2025
Bad debt expense is an important concept that businesses must account for when it comes to their financial reporting. Regardless of the timeframe a company accounts for, it helps companies determine what...
Financial Planning
Financial Implications of Marriage
May, 2025
Marriage isn’t just about two people who fall in love and choose to spend the rest of their lives together. It is also a contract. And while that contract might not be forever binding, marriage does come with certain financial and...
What's New in Technology
Deepfake Detection in Voice and Video
May, 2025
Deepfakes are becoming more convincing than ever. Whether manipulated media or entirely generated by artificial intelligence (AI), deepfakes can now realistically alter faces and clone voices. They can even fabricate entire scenarios...
Tip of the Month
How New Grads Can Master Their Finances
May, 2025
College graduation is a huge milestone. You’ve completed one chapter and are on the precipice of the next. While exciting, it can also be daunting – you have a whole new set of responsibilities in front of you. But take heart, we have...
Congress at Work
Rolling Back Regulations, Proving Citizenship Birth for Voting Rights, and Blocking Nationwide Injunctions
May, 2025
Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Energy relating to “Energy Conservation...