More than Money Blog
There is more to living a happy and productive life than staying hyper-focused on finances.
While staying within your means and keeping on top of money matters can help you highlight what’s important, it’s the “what’s important” that truly matters. Broussard Poche wants to shift your focus from being worried about finances to enjoying the fruits of your labor. Our blog will keep you on the right track, offering advice, tips, and reminding you to enjoy your business and your family along the way.
CONTRIBUTOR: Elizabeth J. Moreau, CPA/ABV, CVA, CHFP
Liz is a partner in the tax department of Broussard Poché, LLP with more than 25 years of experience in virtually every dimension of business. She’s cultivated a wealth of knowledge in areas of corporate taxation, financial analysis and business appraisal. She shares her knowledge here, on the More than Money Blog.
CONTRIBUTOR: John L. Istre, CPA
John has been with Broussard Poché, LLP for 20 years, becoming one of the go-to sources for audit info. Now, John serves as Audit Department Head — performing audits for all types of entities with a special emphasis on financial institutions and Nonprofit Organizations. He shares his audit and general business knowledge here, on the More than Money Blog.
There are many misconceptions surrounding taxes. However, we don’t suggest taking advice from anyone other than a tax professional. We have highlighted some of the biggest tax misconceptions and have provided the accompanying, accurate information. Myth 1: Filing your taxes is voluntary Filing your taxes is reporting your income and taxes paid to the IRS. […]
Going into the full-time workforce can be nerve-racking. There are salaries to consider, new expenses obtained, benefits packages to analyze, and not to mention the endless number of the credit card offers you are receiving. In order to feel as prepared as possible as you enter into this new and exciting time, there are a […]
It is likely that in meetings with your financial advisors the topic of generational wealth has been discussed. Many people have different perspectives on if generational wealth is right for their families. However, to increase financial literacy, it’s important to know a few basics about generational wealth. What is it? Simply put, generational wealth represents […]
Financial literacy is the ability to understand and effectively use a variety of financial skills. Examples are money management, budgeting, investing, etc. According to Investopedia, people who are financially literate are less vulnerable to financial fraud and are more likely to achieve certain life goals such as saving for big life events, using debt responsibly, […]
Legislation has officially passed for taxpayers to obtain a third stimulus payment. The third round of Economic Impact Payments will be based on the taxpayer’s latest return from either 2020 or 2019. Payment Breakdown $1,400 for single filers $2,800 for married filing jointly An additional $1,400 for each dependent Individuals earning up to $75,000 would […]
On Thursday, March 11, the President signed into law the $1.9 trillion American Rescue Plan. While this does include another stimulus payment for eligible taxpayers, it also includes a large one-year increase to the Child Tax Credit. What is a Child Tax Credit? Child Tax credits were implemented to assist parents and/or caregivers to help […]
With the economic stimulus payments that were distributed in 2020, many questions have arisen. What happens if I didn’t receive my payment? What if I only received partial payment? What if I received it all? We will address what you should do for each of these scenarios as we head-dive into tax season. What amount […]
As tax season arises, so do hundreds, if not thousands, of scammers. Scammers will try to take advantage of taxpayers by pretending to be the IRS, asking for personal information, or even hacking your email. Due to COVID-19, more taxpayers are receiving unemployment benefits opening the door for fraudsters to access this information, too. In […]