PMOPbiz

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What the 2026 Social Security Increase Means for You

https://www.linkedin.com/pulse/what-2026-social-security-increase-means-you-suze-orman-mhzne/

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Breaking Bad Spending Habits

Breaking bad money habits..... check out some tips to help you make better money decisions!

7 Bad Spending Habits To Break | Chase

Common bad money habits to break include overspending and lacking a budget to name a few. Here are 7 bad spending habits and how to break th

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Big Changes Coming to Retirement Accounts Under New 401(k) and IRA Rules

Check out these big changes coming to retirement accounts under new 401(k) and IRA rules...

10 Big Changes to Retirement Accounts Under New 401(k) and IRA Rules

Congress has shaken up retirement plans once again, and the changes benefit a wide swath of Americans saving for their golden years through

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US Fed To Eliminate Paper Checks

The U.S. federal government will stop issuing paper checks as of September 30, 2025, which is in 2 weeks.

An executive order issued in March 2025 mandates the shift to electronic payments for all federal disbursements and collections, including tax refunds, Social Security, and other government payments.

This change aims to modernize payments, reduce costs, delays, fraud, and theft associated with paper checks. Recipients of federal payments should be prepared to set up direct deposit or other electronic payment methods to avoid any disruption.

https://fiscal.treasury.gov/.../paper-checks-going-away.html

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Financial Accounting - The Basics

What is Financial Accounting?

What is financial accounting? It is the process of recording, summarizing, analyzing, and reporting financial transactions of a business.

Happy Monday! Here's some basic information about financial accounting

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Wise Owl Wednesday! Seize the moment!

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August Financial Market Update

As we make our way through August (wow, where did the year go?), here’s some good news we can all get behind.

Consumer Price Index data, released in July, showed cooling inflation, marking 12 months in a row of reductions. Woo hoo!🎉Read below to see more details on CPI data, the labor market, and what to expect from the Federal Reserve moving forward ➡️

Are you noticing any changes in the pricing of items you have purchased lately? Let us know in the comments!

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Wise Owl Wednesday!

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Women’s History Month Survey on Cash Flow - QuickBooks

Women’s History Month survey: Cash flow challenges hitting women-owned businesses harder.

https://quickbooks.intuit.com/r/small-business-data/womens-history-month-survey-2023/?cid=soc_employee-ambassador

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Many Americans thought they were getting a bigger tax refund...

Many Americans thought they were getting a bigger tax refund, study finds...

https://finance.yahoo.com/news/many-americans-thought-they-were-getting-a-bigger-tax-refund-study-finds-150035784.html?ncid=twitter_yfsocialtw_l1gbd0noiom

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FDIC Insurance: What It Is And How It Works | Bankrate

 https://www.bankrate.com/banking/fdic-insurance

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2023 Tax Deadline Extended for California Residents Affected by Severe Weather

The IRS recently announced an extension of the tax day deadline for California residents affected by severe weather earlier in the year. This extension applies to residents and business owners in areas designated by FEMA as disaster zones, including (but not limited to) Los Angeles, San Diego, Orange, Riverside, Sacramento, and San Francisco counties.

Residents and business owners in those counties now have until May 15, 2023 to file various federal individual and business tax returns and make tax payments.

If you and your family were impacted by the severe weather and could use more time to file your taxes, I encourage you to take advantage of the extension.  It provides extra time to gather your documents and file your return(s) without worrying about penalties or late fees.

As always, if you have any questions or concerns about your taxes, please don't hesitate to reach out to our office. We are here to help you navigate the tax process and ensure that you are in compliance with all IRS regulations. Stay safe and healthy out there!

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Wise Owl Wednesdays!

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Happy Valentine’s Day!

On this Valentine’s Day, we would like to take a moment to thank our clients for their continued trust! 💝 You’re the heart of our business and why we love what we do! Thank you!🫶 We hope everyone has a wonderful day celebrating with loved ones!💖

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Inflation Adjustments for 2023

The IRS released its inflation adjustments for the 2023 tax year 👀 Here are the major changes to note:

✅ Higher tax brackets – find your tax bracket here: https://news.bloombergtax.com/financial-accounting/your-first-look-at-2023-tax-brackets-deductions-and-credits ✅ Larger standard deduction for single filers and married couples filing jointly ✅ The estate tax exemption increases for single and joint filers ✅ Higher contribution limits for retirement, FSAs, and HSAs

I know taxes can be confusing, so don’t hesitate to reach out if you have questions! Share this post to help people in your circle ➡️

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January is Financial Wellness Month

Happy New Year!  January is Financial Wellness Month, which means it’s time to take a deep breath , reflect and review the numbers.

Here are 5 things you can do to determine how financially healthy you are: 

1. Subtract your liabilities from the value of your assets to get your net worth

2. Review your monthly debt-to-income ratio (how much you owe vs. how much you earn)

3. Evaluate your housing costs – try to keep housing expenses to 30% or less of your monthly income

4. Review your current investments and savings rate, then consider increasing them

5. Set your financial goals for 2023, whether that’s an exciting trip or paying down debt

So what about you – what are your financial goals for 2023? Share them with us in the comments! If you’re not sure, don’t hesitate to reach out. We’re always here to help!

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Inspiring Women in Entrepreneurship - SmallBizDaily

For the longest time, such beliefs and views led women to doubt their leadership and business qualities. However, over the past few decades,

Inspiring Women in Entrepreneurship