If you have teenage children who have earned income from a summer job or part-time position, consider setting up Roth individual retirement accounts for them and matching contributions to the accounts. Roth IRAs often make sense for younger savers, as they allow for many years of tax-free growth.
Adoption of recommendations related to climate risks can lead to improved company resilience, a global task force says.
Find out whether payments qualify as deductible alimony, including temporary support and lump-sum payments.
Wall Street economists are advising investors to prepare for the sharpest increase in interest rates since 2006. Next year, interest rates are set to rise to at least 1% in advanced economies, economists say.
The Governmental Accounting Standards Board has issued separate proposals on capitalization of interest costs and an upcoming guide to implementing recent pronouncements.
Preparation takes time. Skip the "I'm frazzled" look. Take steps now to get everything under control before your year-end rolls around.
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