You can pay off your mortgage—never again seeing a bill from the bank for principal or interest—but you can never pay off your property taxes. Additionally, property taxes, unfortunately, only seem to go one way – UP! While you’ll never be able to get rid of your property taxes entirely, you can take steps to…
At the end of last year, Congress was considering tying up a tax revenue loophole known as the Stretch IRA. Currently, a traditional IRA can be passed from one generation to the next, thereby extending tax-deferred growth to a non-spousal beneficiary. In recent months, Congress has been distracted by budget bills and healthcare legislation; but…
At first glance, there doesn’t seem to be a great difference between the definitions of a boss and that of a leader. However, if you’ve ever worked for a boss who lacked leadership skills, you won’t need to be convinced that the differences are significant. To the fortunate few, leadership skills come naturally, but if…
Over the past few years, Internet-connected vehicles have become the norm. Accordingly, cybercrooks have turned their attention to cars and trucks, looking for ways to gain access to vehicular navigational systems and to hack into drivers’ smart phones and tablets. Last year, recognizing the ever-increasing potential for breaches, automakers in the United States joined forces…
When it comes to selecting a domain name, there’s more than just registration involved. Selecting the right domain name involves a lot of consideration. This includes making sure it represents the company and its products or service correctly, making sure it doesn’t create an intellectual property conflict, ensuring the name resonates with customers and ensuring…
What year did you join Scott and Company? I joined the firm in February 2014 and currently serve as Manager. I lead audit, attestation and consulting engagements, manage client relations, and help train associates. Where did you go to college? I received my Bachelor of Science in Accounting from the University of South Carolina, and…
If you keep a lot of data on your iPhone without a periodic cleanup, you’ll reach a point when you don’t have available space for the apps you want to access most. The default settings in your phone contribute to the overload in many instances. In some situations, you can free up storage by overriding…
The Federal Reserve’s mid-March hike to interest rates – its second increase to base interest rates in three months – was a strong confirmation that the economy is doing well. The Fed had kept interest rates at historically low levels in order to support a recovery after the recent recession (commonly referred to as the…
The older we get, the more financially complicated our lives become. It seems like one day we wake up and we have a mortgage, ongoing home repair and maintenance demands, a 401(k) plan siphoning money from our paychecks, two to four cars in the driveway, two or more children headed for college and life, auto,…
The Republican takeover of the White House has stirred speculation that inflation will rise, largely based on positive consumer sentiment, steady growth in jobs and President Trump’s support for increased spending on national infrastructure projects. This is expected to lead to a gradual increase in interest rates by the Federal Reserve. In turn, higher interest…
