Keep Learning – Keep Producing

On a long drive to a client, I was listening to NPR and they had a group discussing the value of a college degree, was it still worth the expense and time. One of the voices mentioned that college spurs the beginning of true learning and balancing it with allowing...

Refunds – bank unverified

If a bank account is not verified (unverified) or the information entered is incorrect, a refund will typically be rejected by the receiving financial institution and returned to the sender. The funds do not usually disappear; instead, they enter a “limbo”...

Married Filing Separately and IRA/Roth Contributions

Married filing separately: IRA Deduction Amount and Modified AGI (MAGI) Limits for Traditional and Roth IRA Contributions For 2025, the maximum combined traditional IRA deduction or Roth contribution is $7,000 ($8,000 if age 50 or older). For taxpayers who are covered...

The State of Small Business Marketing

The small businesses know they are missing significant opportunities to market their companies. And they plan to do better this year. In fact, 39% say they will increase their marketing budgets, and 46% expect to spend at least 10% more than last year. Most small...

Safe Gun Storage Act

In 2024, gun related deaths were 3% lower in Illinois than the overall rate for the US.  So, Uncle Pritzker has signed yet more legislation stipulating how people are to behave. Starting January 1, Illinois gun owners have yet more stricter requirements under the...

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