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Archives for November 2025

What Percentage of Individuals Will Now Itemize?

November 21, 2025 by Joseph Belbol

Under the OBBBA, what percentage of individuals will itemize starting with the year 2026? Take a guess. In recent years the percentage of itemizers has been around 10%. Now, that number will jump to approximately 14% according to the Tax Foundation for the year 2026. Make sure to subscribe to our weekly emails to receive […]

Filed Under: Accounting, Budgeting, Debt, Economy, Expenses, Financial, Investments, IRS, IRS Resolution, New Jersey Tax, Taxes

What’s Worse Than Talking Politics at the Thanksgiving Table?

November 21, 2025 by Joseph Belbol

We all know it can get heated when we talk about politics at dinner, especially on Thanksgiving. There is one more topic that is even worse to speak about if you are an entrepreneur. Background Approximately 10% of adults in the U.S. own a business. This means that when you are in a room with […]

Filed Under: Business, Career, Economy, Employees, Expenses, Financial, Self-Development

3 Ways to Get More Done

November 21, 2025 by Joseph Belbol

Ever feel like you just can’t get anything completed and there’s a lot of unfinished work outstanding? There are 3 simple tactics you can implement right now to get more done. Start It sounds surprisingly simple, but one of the most effective actions you can take is to get started. The reason is because many […]

Filed Under: Accounting, Budgeting, Business, Career, Employees, Expenses, Financial, Self-Development, Technology, Time Management

Don’t Diversify Your Business

November 14, 2025 by Joseph Belbol

Diversifying your investments is a good idea, which virtually every financial advisor recommends doing. But what about diversifying your business? Adding More Products or Services If you add more products or services to your business then you can reach more customers, correct? That may seem to be the likely scenario, but this is what is […]

Filed Under: Accounting, Budgeting, Business, Expenses, Financial, Investments, Marketing, Self-Development, Time Management

Changes to Charitable Deductions

November 7, 2025 by Joseph Belbol

There are some changes to be aware of regarding charitable deductions that will take place next year as follows: Above the Line Deduction You can deduct charitable contributions up to $1,000 or $2,000 if filing jointly even if you do not itemize. This deduction has been made permanent and was temporary a few years ago. […]

Filed Under: Accounting, Budgeting, Business, Expenses, Financial, IRS, Taxes

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