by Borland Benefield Staff | Mar 21, 2023 | 401(k), Articles for March 2023, Birmingham Accountants, Borland Benefield Staff, Financial Planning, Tax Related, Wealth Management
If you own a successful small business with no employees, you might be ready to set up a retirement plan. Or you might want to upgrade from a more-basic SIMPLE IRA or Simplified Employee Pension (SEP) plan. Here are two options — solo 401(k)s and defined benefit...
by Borland Benefield Staff | Mar 9, 2023 | Articles for March 2022, Children and Finances, Financial Planning, Thought Leadership
In a previous blog, we covered a few ways to teach children the importance of financial literacy. We went a step further and reviewed a handful of financial apps that are great tools to help parents teach their children about finances. Here are four of our favorite...
by Borland Benefield Staff | Jan 25, 2023 | Articles for January 2023, Borland Benefield Florence, Borland Benefield Staff, Tax Related
Much has been made of the centennial celebration of Borland Benefield, and most of the focus of the celebration has been centered around the firm’s Birmingham office, but since 1984 the Florence office of Borland Benefield has been quietly churning out quality...
by Borland Benefield Staff | Dec 14, 2022 | Articles for December 2022, Birmingham Accountants, Government Actions, Municipal Audits
Act 2022-345 (HB256) was recently passed into law by the Alabama Legislature. HB256, also known as the Municipal Audit Clarification Act, details how mayors or city managers of a municipality should audit their municipality’s financial expenditures and how often these...
by Borland Benefield Staff | Nov 17, 2022 | Articles for November 2022, Borland Benefield Staff, Government Actions, Tax Related, Thought Leadership
Inflation continues to strain American families as the country grapples with the aftereffects of the COVID-19 pandemic. To overcome these challenges and face the growing concerns of a recession, the government passed the Inflation Reduction Act of 2022 on August 16....
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