We are off to a good start in the new year! I hope 2024 has begun with optimism and prosperity for you and your businesses. Reflecting on the challenges of 2023 – from inflation to supply chain disruptions – it’s inspiring to see how resilient and adaptable we’ve all been. Looking ahead, I see a year of renewed potential, with the economy regaining its footing and businesses poised for growth despite the uncertainties of new tax policies and the upcoming election.

Embarking on the entrepreneurial journey is a bold and rewarding endeavor, but it comes with unique challenges, especially regarding retirement planning. As author Stephen Covey wrote, “Begin with the end in mind.” Your financial future is intricately tied to the success of your business venture. In this guide, we’ll look at the complexities of retirement planning for entrepreneurs, offering insights and strategies to ensure your golden years are as fulfilling as your entrepreneurial journey.

As we approach another tax season, it's not just the crunch of numbers that should be on our minds but also the heightened risk of falling prey to cyber scams. The Internal Revenue Service (IRS), following its eighth annual Security Summit, has issued an early reminder: Be vigilant against phishing and smishing scams. This advice isn't just for those in the U.S. − cybercriminals are sharpening their tactics globally. Let's walk through essential tips to help you navigate this tricky period safely and confidently.

The Corporate Transparency Act (signed into law on Jan. 1, 2021) expanded anti-money laundering laws and created new reporting requirements for certain companies doing business in the US. Beginning in 2024, many small businesses are required to report information about their beneficial owners to the Financial Crimes Enforcement Network (FinCEN) in an effort to create a national database for use by national security and law enforcement agencies to prevent the use of shell companies for criminal activity. 

Betting on sports, especially around big events like the Super Bowl, college football rivalries, or college basketball's March Madness tournament, has become a staple in many workplaces, including not-for-profits. They're seen as a fun way to engage employees and foster a sense of community. They’ve even been used as a fundraiser for some organizations – and you may be considering this approach for your organization. However, before you agree to this creative fundraising approach, you should know that beneath the surface of these seemingly harmless activities, there are potential risks that nonprofit organizations need to know.

In the age of one-click purchases and next-day deliveries, online shopping has become more than just a convenience—it's a way of life. Yet, as we fill our online carts with holiday gifts and everyday essentials, it's crucial to remember that cyberspace is also a playground for savvy cybercriminals.