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The ABCs of 529 Plans and ABLE Accounts under the OBBBA
The One Big Beautiful Bill Act (OBBBA) makes tax-favored Section 529 plans much more flexible. These accounts aren't just for college nowadays. They can also be used to pay for K-12 education costs, accredited trade school costs and more. ABLE accounts also benefit from some favorable changes under the new law. Here's what families should know.
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Develop a Strong Hand to Negotiate Loan Covenants
When you need financing for your enterprise, step back and think about what covenants you are willing — and able — to accept as part of a deal with your lender. If you negotiate well, you may eliminate some constraints and loosen others. That can help your business more easily comply with loan obligations and keep capital flowing. Here are a few issues to consider before you talk to a loan officer.
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A Good PR Firm Can Help with More Than Just a Crisis
Business owners, you might assume that calling in a public relations (PR) firm automatically means that something has gone horribly awry. And you're not completely wrong — engaging a PR firm can be highly advisable when a company is involved in a lawsuit or public controversy. But a carefully chosen PR provider can also help you with marketing, employee relations and community relations. This article goes into further details about the potential benefits. A sidebar addresses whether a business should create an internal PR position.
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