Archive for May, 2018

Protect Your Business From Ransomware Attacks

In 2016, the FBI’s Internet Crime Complaint Center received 2,673 complaints of ransomware with losses of over $2.4 million.* One large hospital in California paid $17,000 to regain control of its files after being unable to access them for 10 days.** Attacks are on the rise, with hospitals and small- (more…)

Don’t Shortchange Your Investing Potential

No one likes to lose, especially with money. In fact, researchers have found that our desire to avoid financial losses can be twice as powerful psychologically as our interest in achieving an equivalent gain. It’s no wonder, then, that many investors avoid financial losses by investing in “safer” investments with (more…)

An Update on Retirement Plans for 2018

After several years without changes, the contribution limit for certain retirement plans has increased for 2018. There is no change to the contribution limit for individual retirement accounts (IRAs) or SIMPLE plans (see “2018 Retirement Plan Contribution Limits” chart). Taxpayers who do not have access to a retirement plan at (more…)