As the millionaire depositors in Silicon Valley Bank got all their money back courtesy of a US government agency, there were no doubt sighs of relief among those bank customers who would otherwise have been taken a severe financial beating. Until the US government swoops in Monday, that included the vast majority of deposits at…
Tag: business news usa
Can Your EHR Template Land You in Prison?
If your electronic health record (EHR) template is set up incorrectly and leads you to be billed improperly, it could lead to prison time. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). In recent…
Wells Fargo missing deposit glitch alarm customers. The bank said it was a ‘technical issue’
Photo taken in 2012 shows a Wells Fargo sign displayed on one of the bank’s branches in New York City. Some Wells Fargo customers were met with missing transactions on their accounts Friday, according to the bank. A statement on the company’s website warns that some users might find incorrect balances on their account, which…
What Happens When You Don’t Fund Your Trust?
After you work with your estate planning attorney to draft a carefully tailored estate plan, it is usually your responsibility to “fund” the trust. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). What does…
Meta working on a decentralized social media app: Moneycontrol
Meta Platforms, the parent company of Facebook and Instagram, is exploring a decentralized text-based Twitter alternative, business news site Moneycontrol reported on Friday. See related articles: Meta’s metaverse division Reality Labs posts wider loss of $13.7 billion in 2022 Fast facts According to Meta documents reviewed by Moneycontrol, the decentralized social media app, coined P92,…
What is the Cost of a Data Breach?
A recent study found that the total average cost of a healthcare breach is $10.10 million. Can your healthcare practice afford a breach? We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). Can your healthcare…
11 states tax Social Security benefits. Do you live in one?
Just because you paid a payroll tax during your working years to fund Social Security doesn’t mean you’re done once you retire. Retirees may know that they will pay federal taxes on their social security benefits if their total income exceeds certain amounts. But few of them may realize that some states will also try…
3 Things You Should Know About Irrevocable Trusts
A trust is an estate planning tool that allows a person to control their assets during their lifetime and make provisions for incapacity and death. We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here). One…