Blog
The MKR CPAs & Advisors blog.
Small Businesses Should Prepare for These Possible Hurdles in 2024
Small businesses are not immune to the effects of broader economic shifts. As highlighted by the pandemic, major global and domestic events have the potential to profoundly influence businesses across the board, regardless of size. In 2024, larger economic conditions...
Does the Federal Reserve Expect to Cut Rates Anytime Soon?
After two years of rapid interest rate hikes, which sent mortgage and credit card rates soaring, investors and consumers are wondering when the Federal Reserve is planning to lower interest rates. In short, the Fed is looking for more positive signs from the economy,...
Changes Are Coming to 529 Plans. Here’s What You Should Know
Investing in a 529 plan – typically regarded as the best way to save for a child’s college education – has become a more attractive savings vehicle thanks to a new federal law going into effect this year. Read on to learn more about the change affecting 529 plans....
How Healthcare Practices Can Overcome Common Challenges with Electronic Health Record (EHR) Implementation
Electronic Health Records (EHR) deliver enhanced efficiency, improved patient care, and streamlined workflows. However, the implementation of EHR systems is complex and challenging. In this article, we explore common challenges faced during EHR implementation and...
Social Security Beneficiaries Should be Aware of These Changes in 2024
As of January 1, 2024, a series of Social Security changes took effect, influencing both the benefits received by beneficiaries and the eligibility criteria. Whether you’re currently a beneficiary or in the process of applying this year, you’ll want to be aware of...
Self-Employed Professionals Can Keep More Money by Implementing These Tax Strategies
Discover essential tax-saving tactics for self-employed individuals. From choosing the right business structure to maximizing deductions and retirement accounts, this guide offers insights into reducing tax liabilities and retaining more income while ensuring compliance with tax regulations.
Smart Money Moves to Make If You’re Worried About Depleting Your Savings in Retirement
Dive into strategies for a secure retirement, from setting a safe withdrawal rate to delaying Social Security for increased benefits. Learn about the stability annuities offer and how to navigate these options for a worry-free retirement. Tailor your financial plan with these smart tips.