The industry trades have come out to support the latest effort on Capitol Hill to thwart staged accidents. Sen. Ashley Moody on July 22 introduced the Staged Accident Fraud Prevention Act. About a year ago, Representatives Mike Collins and Brandon Gill unveiled a companion bill in the House. “Every day, staged accidents and fraudulent schemes…
If you’ve ever realized your vacuum wasn’t really picking much of anything up off your carpet, or noticed that your dishes weren’t coming out of the dishwasher as clean as they used to, then you’ve already experienced the effects of accumulated gunk and grime inside your cleaning appliances. Our cleaning appliances do important jobs, but…
New York City has a new surcharge (the “Pied-à-Terre Tax”) effective July 1, 2026, that applies to residential property in NYC that isn’t used as the owner’s primary residence. (N.Y. Tax Law Section 1350; N.Y.C. Admin. Code Section 11-3202). If you have a client with a second home, pied-à-terre or investment property in NYC, your…
astarot / Shutterstock.com Roth IRA mistakes can cost you valuable tax savings and limit your retirement options. Many people have considered opening — or converting to — a Roth IRA or Roth 401(k) after hearing about the benefits from a friend, advisor, or financial article. The appeal is clear: Roth accounts let you pay taxes…
The public has long questioned the world’s richest man, Elon Musk, about what he’s doing sitting on a trillion-dollar fortune. After all, other billionaires give away vast amounts of their wealth (take MacKenzie Scott, who’s donated more than $26 billion and is still worth nearly $35 billion). On social media, some have begged and pleaded…
My moth orchids are starting to look a little sorry for themselves by the time August arrives, which is why I do several things to revive them and set them up for strong blooming next year. Even though orchid care is highly particular, I’ve learned that less is more for these indoor flowering houseplants. However,…
The Internal Revenue Service Office of Professional Responsibility has issued new guidance on the use of artificial intelligence in federal tax practice. The guidance, OPR Alert 2026-19, is directed to tax practitioners, but its practical impact may reach well beyond traditional tax preparers. Financial advisors, estate planners, attorneys, CPAs, enrolled agents and other professionals who…
The phrase behind from20’s most talked-about song started as a joke between friends over drinks. “We were joking around and complimenting each other, saying things like, ‘Oh, look at you, big boy,’ ‘No, you’re a big boy,’ we just kept calling each other that and at one point I thought, ‘Wow, ‘big boy’ really conveys…
The Walking Dead: Dead City is back and you might be tempted to say “The Walking Dead: Dead City is back, baby!” with a fist-pump in the air and a round of “huzzahs!” on the subreddit, because it’s at 100% on Rotten Tomatoes right now, courtesy of all five of the critics who have seen…
In response to high tuition costs and out-of-control student debt, last year Congress voted to cap student loans for most graduate students at $20,500 per year (with higher limits for students in certain professional programs, such as medicine). The caps are still high—less than one-third of graduate borrowers took out loans above the new limits…
