Today Update

U.S. Trade Deficit Narrows in June Driven by Declines in Both Exports and Imports

The United States recorded a goods and services deficit of $73.3 billion in June, a decrease of $4.4 billion from the revised $77.6 billion deficit in May, according to joint…

2025 Trade War Timeline & Current US Tariff Policy

President Trump initiated a significant recalibration of U.S. trade policy on January 20, 2025, by signing an executive order that mandated cabinet secretaries to produce comprehensive reports on global trade…

Navigating the Complex World of Student Loans: A Comprehensive Guide to Federal and Private Options in 2026

Securing the necessary funding for higher education can be a formidable challenge, even after scholarships, grants, and federal student aid have been exhausted. This is where private student loans play…

IRS and Security Summit Partners Urge Vigilance Against Evolving Tax-Related Scams

The Internal Revenue Service and its Security Summit partners are issuing a stern warning to tax professionals, urging them to maintain heightened awareness of sophisticated phishing emails and other malicious…

Finance of America Companies Inc. Reports 21% Year-Over-Year Growth in Reverse Mortgage and Home Equity Funding Amidst Portfolio Valuation Adjustments

Finance of America Companies Inc. (FOA) announced a robust 21% year-over-year increase in its reverse mortgage and home equity funding volume for the second quarter of 2026, reaching $730 million.…

Navigating the Gig Economy: Essential Legal and Operational Considerations for Businesses

The modern labor landscape has undergone a profound transformation, increasingly characterized by the rise of the gig economy, a dynamic market where temporary, freelance, and independent contract work predominates over…

Comprehensive Guide to Form 1099-NEC and Nonemployee Compensation Reporting for Businesses

The landscape of American labor has undergone a profound transformation over the last decade, with the "gig economy" and independent contracting becoming foundational pillars of the modern workforce. For business…

Europe’s Complex Relationship with Wealth Taxation: A Detailed Examination of National Approaches, Economic Implications, and Ongoing Debates

Across the European continent, the concept of taxing an individual’s accumulated wealth, net of debt, presents a varied and often contentious landscape. While the idea of a net wealth tax,…

Best Student Loan Refinance Companies of July 2026

Refinancing student loans is emerging as a critical financial strategy for many borrowers seeking to optimize their debt repayment in an evolving economic and regulatory landscape. This financial maneuver allows…

Mauldin & Jenkins Expands Greater Columbia Presence Through Merger with Schmoyer and Co.

Top 60 accounting firm Mauldin & Jenkins has significantly bolstered its footprint within the Greater Columbia, South Carolina, area with the strategic merger with Schmoyer and Co., a move officially…