On November 30th, 2022, OpenAI announced the release of its AI (artificial intelligence) model, ChatGPT, for use by the public. While there is a free “Plan” available, ChatGPT now has new updated AI models available with GPT-4 to subscribers with a paid “ChatGPT Plus Plan”.
An Ohio tax credit is available for individuals and pass-through entities that make monetary donations to an eligible Scholarship Granting Organization (SGO). This credit was new in 2021. At that time, very few organizations were certified as SGOs, however, the list of qualified organizations expanded greatly in 2022 and again in 2023.
Prepare for the upcoming tax season by considering these strategic tax moves before the end of the year!
The Fed headwind is lessening, earnings are rising, and seasonality is favorable.
The Fed has started to change their tune, jobs remain strong, and corporate earnings could be positive.
On September 14, 2023, the IRS announced an immediate stop for processing new Employee Retention Credit (“ERC”) claims through at least the end of the year. It cited concerns that many new claims filed are ineligible for the credit, and businesses are at financial risk of scams from aggressive marketing and promotors.
The third quarter saw year-to-date highs in stock prices in late July but also multi-year highs in interest rates towards the end of the quarter. Higher rates were the primary driver of lower stock prices to finish the quarter, with many stock markets posting a quarterly loss for the first time since Q3 of 2022.
Fed on hold, higher oil prices, and IPO activity are discussed, along with something that has not happened in over 60 years.
Typosquatting, IDN homograph and Punycode attacks: Those are all ways for scammers to attempt to steal your data. Let us take a brief look at each, so you may have an idea what to look for.
What do TINA and TIAA mean? Interest rates are top of mind for most investors.