On the surface, it may seem like the easiest part of your income tax form to fill out, aside from your name and address. At the top of the 1040 tax form, the instructions read: Filing status. Check only one box. Sounds easy, right? But the more you think about it, you may find yourself stumped.
Are you ready to set yourself on the road to a stronger financial future in 2022? In this segment of Backstage Pass, recorded on Jan. 7, Fool contributors Toby Bordelon and Will Healy discuss some of the top financial steps investors should take to have a financially stronger 2022. Read More
Over the past two years, digital transformation has reached unprecedented levels in businesses across all industries as organizations pivoted in the face of the pandemic. In 2022, digital transformation will continue to be an umbrella term for innovation strategies and other developments in banking. It will play a crucial role in leading the change in the global
In banking, trends and their related buzzwords pop up with increasing rapidity. Not all of them turn out to be impactful, but enough do that banks and credit unions not only have to track them, but — more importantly — grasp their significance.It’s true, what you don’t know can hurt you. And yes, definitions matter.No
Financial institutions will substantiate their climate alignment commitments As we begin 2022, we look ahead to some major themes likely to emerge this year.We also expect many firms will expand coverage of their target setting; many banks in the Net-Zero Banking Alliance must set interim (2030 or sooner) targets for their most emissions-intensive sectors this year. Read
A finance charge refers to any cost related to borrowing money, obtaining credit, or paying off loan obligations. It is, in short, the cost that an individual, company, or other entity incurs by borrowing money. Any amount that a borrower needs to pay in addition to paying back the actual money borrowed qualifies as a
2022 is here. Ready or not, here we come. Many entrepreneurs are fairly exhausted as the 5th wave of COVID contributes to ongoing waves of uncertainty. But believe it or not, opportunities will abound and don’t forget that “luck” is what happens when preparedness meets opportunity. Most entrepreneurs I meet are not thinking strategically about
Despite the uncertainty the global pandemic has brought, definite trends are emerging for the year ahead as the world adapts to a new normal. For accountants, the twists and turns of the past two years have brought not just challenges, but opportunities as well. Here are the main ones all accounting and finance professionals should
lthough a relatively new industry, the world of crypto is growing at a rapid rate and is taking the world by storm. With cryptocurrencies like bitcoin and Floki being poplar choices for those looking to invest their money and strive to gain, getting an understanding of the industry during its up and coming stage is a great
Central bank reserves have collectively grown to over $14 trillion, yet only one in six central banks considers social, governance, and environmental (ESG) factors in their investments. Our team set out to answer why reserve managers incorporate ESG into their portfolios. We published our findings in a primer on ESG for reserve managers to respond
According to Precedent Research, the global B2B payment transaction market size is expected to reach around US$ 70B by 2030. In 2020 the market size was valued at US$ 868.02M. The industries that process the highest numbers of B2B payments are manufacturing, professional and financial services, insurance, real estate, rental and leasing, covering more than
If you want to engage your users to be proactive, a new set of features might motivate them to make better financial decisions with just a few swipes. The banking industry is rapidly changing. Millennials heavily rely on mobile banking apps, and some of the biggest names in the industry had to find new ways
