Latest From the Blog
The Secrets of the Man Who Made Nvidia the World's Most Valuable Company
For decades, Nvidia employees have been sending notes known as T5Ts, or Top-5 Things—things they’re working on, things they’re thinking about, things they’re noticing in their corners of the business.
And for decades, Jensen Huang has been reading them. All of them.
“If you send it,” he says, “I’ll read it.”
The founder and chief executive of Nvidia reads them to keep the pulse of the company and make absolutely sure that he’s getting the sort of insights that might never reach him otherwise.
Decoding the Dollars: How Are Monetary Gifts Taxed?
The joy of receiving a gift, whether for a special occasion or as a thoughtful gesture, is unparalleled. However, amidst the excitement, it's essential to consider the potential tax implications of monetary gifts.
While most people know income and sales taxes, the rules surrounding gift taxation can be a bit perplexing. This blog post aims to demystify the complexities of how monetary gifts are taxed, providing clarity for both gift givers and receivers.
Christmas Gifts and an RV: Workers Push It With Company Cards
Did you hear the one about the employee who booked a cruise on the company credit card? Or the guy who tried to expense a couple of Jet Skis?
We’ve all heard about people who fudge their expenses, but some of them belong in an Expense Account Shenanigans Hall of Fame.
We Answer Your Questions on Roth IRA Conversions
Determining whether to transfer your retirement nest egg to an after-tax account is complex. Here's how to navigate opportunity costs, Medicare surcharges, the 'five-year rule' and more.
Demystifying Required Minimum Distributions (RMDs): Understanding the Tax Implications
As individuals diligently save for retirement through various investment vehicles like IRAs (Individual Retirement Accounts) and 401(k)s, there comes a point when the government mandates that a portion of these savings be withdrawn.
These mandatory withdrawals, known as Required Minimum Distributions (RMDs), are subject to specific tax rules that every retiree should know. In this article, we'll delve into the world of RMDs and shed light on how they are taxed.
Starting A Business Is Hard; Exiting Can Be Harder
About 51% of small business owners are over the age of 55, according to the U.S. Census.
Given that most people in the U.S. retire in the 60s, that time will soon be coming up for many owners.