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- 2023 Social Security Cost-Of-Living Increase Highest In 40 Years
- The Social Security Administration recently announced that Social Security beneficiaries will get an 8.7% increase to their benefits in 2023. Thanks to the current high inflation this is the highest increase in 40 years, and the second year in a row that there’s been a substantial increase, 5.9% in 2022 and now 8.7% for 2023. The table below reflects the COLA benefits going back to 1976. As you will note, the COLA increases have been relatively stable in recent years except for 2008.
- Video Tips: The IRS Warns Taxpayers of Increasing IRS Scams
- The Internal Revenue Service warned taxpayers of a recent increase in IRS-themed texting scams aimed at stealing personal and financial information.
- Use QuickBooks Online Effectively: 7 Best Practices
- Here are seven ways you can be safe, compliant, and productive when you’re using QuickBooks Online.
- Are You Missing Out on the Increased Child Tax Credit?
- The American Rescue Plan Act of 2021, also referred to as the COVID-19 Stimulus Package or ARPA, was a $1.9 trillion bill passed by Congress to stimulate the U.S. economy as the country emerges from the pandemic.
- When to Hire a Fractional CFO
- An increasing number of successful entrepreneurs are recognizing that hiring a virtual CFO — also known as a fractional CFO — makes a great deal of sense.
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