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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…

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 –…

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…

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…

“It might come as a surprise that I don’t like accounting; I like business,” says Vic Hausmaninger ’64. Photo from HBLA For more than 50 years, Vic Hausmaninger ’64 (accounting and finance) has been a leader in supporting Mihaylo College’s business program, serving as the founding president of the Executive Council, a member of the…

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…