Funding Options For Long-Term Care Expenses

The longer people live, the greater the chance they will need assistance in old age. And today, people are living longer than ever. As if providing for one’s own retirement isn’t hard enough, now we must factor in the cost of providing long-term care. Health insurance – including Medicare – is designed to cover only…

Summer Jobs and Taxes

Summer is coming to an end, lots of high school and college kids work seasonal jobs before they return back to their studies. It doesn’t matter if it’s mowing lawns, checking out groceries, painting houses or life-guarding at the beach, here’s what you need to know about summer jobs and taxes. Even if you don’t…

The Perks of Working Past Traditional Retirement Age

A large number of Americans intend to keep working past retirement age. For many, their reasons are financial. Some have a high level of debt while others are afraid if they retire too soon, they will run out of money. Working longer offers several financial benefits; workers are able to: Accrue a higher Social Security…

Social Security Ground Zero: 16 Years to Impact

Every year, the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds (OASDI) issues its annual report on the Social Security system. The report details the current financial status of both Social Security and Medicare as well as future projections. The 2018 report has one key takeaway –…

Are you compliant?

ACCOUNTING & BOOKKEEPING SERVICES Are you compliant? Yearly Report Compliance Every year California businesses are required to file a Statement of Information with the California Secretary of State, while others are filed biennially (every two years), below is a list of due dates and filing fees. We can help! HBLA can prepare and e-file on…

Common Money Mistakes As We Age

It is common knowledge that as we grow old, our bodies tend to not work as well. Some folks begin having physical challenges, some have cognitive issues and some have both. But what we don’t know is which, if any, of those challenges we will face. Worse yet, those who fall into cognitive decline often…

Why Earnings Are No Longer Enough to Drive Growth

Rising interest rates make a different animal of the stock market. Unlike when interest rates are steady or declining, positive earnings (overall for the market, not necessarily individual stocks) just aren’t enough to take the markets perpetually higher. Many companies are reporting excellent earnings, but the market appears to be somewhat stalled. Taking a look…