PBMares Focus | Virginia Financial Advisor Blog
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PBMares Focus | Virginia Financial Advisor Blog
1d ago
The Virginia Enterprise Zone (VEZ) Program, a partnership between state and local governments, offers businesses a unique opportunity to expand their operations while reducing costs. Learn about one of the key incentives provided under this program is the Job Creation Grant (JCG), designed to encourage businesses to create new jobs in designated Enterprise Zones across the state ..read more
PBMares Focus | Virginia Financial Advisor Blog
3d ago
As more and more Americans consider retiring abroad, it's important to understand the tax implications of living in a foreign country after leaving the workforce. Whether you're moving to take advantage of a lower cost of living, a warmer climate, or a different cultural experience, retiring abroad can have significant tax consequences. The US tax system is unique in that it taxes its citizens on their worldwide income, no matter where they reside. Learn what the key tax considerations are for US citizens who plan to retire overseas ..read more
PBMares Focus | Virginia Financial Advisor Blog
4d ago
As we approach the year-end, many investors take a step back to evaluate their investments to analyze the performance during a given year. Commercial real estate is an attractive investment sector because it can offer significant returns for discerning investors. Learn about the main tool used to determine the profitability and potential success of a commercial real estate investment ..read more
PBMares Focus | Virginia Financial Advisor Blog
4d ago
Learn more about why it's important to understand the GILTI calculation and how it specifically interacts with your foreign corporate investments ..read more
PBMares Focus | Virginia Financial Advisor Blog
4d ago
Nonprofit organizations have unique missions and purposes, often dedicated to bettering society. However, even the best-intentioned organizations can face significant compliance and regulatory risks if they’re not proactive in managing their responsibilities. Explore three major areas of compliance risk and strategies to help nonprofits navigate them effectively ..read more
PBMares Focus | Virginia Financial Advisor Blog
4d ago
Three major areas where strategic risk commonly arise for nonprofits are the inability to adapt to external shifts, the misalignment of programs with the organization’s mission, and a lack of innovation. Here’s a closer look at each, along with strategies to help nonprofits thrive despite these challenges ..read more
PBMares Focus | Virginia Financial Advisor Blog
4d ago
In mid November, the IRS announced that interest rates will decrease by a percentage point for the calendar quarter beginning January 1, 2025. Learn more about what that means for individuals and corporations ..read more
PBMares Focus | Virginia Financial Advisor Blog
4d ago
Discover the benefits of being located within a Virginia Enterprise Zone. In this webinar recording, you will learn who is eligible, what grants are available, and how to apply ..read more
PBMares Focus | Virginia Financial Advisor Blog
4d ago
Nonprofits are exposed to legal risks that could have substantial financial and reputational impacts. Recognizing and managing these risks is crucial to maintaining trust with funders, partners, and the communities served. Here’s a look at three common areas of legal risk for nonprofits and how they can be effectively mitigated ..read more
PBMares Focus | Virginia Financial Advisor Blog
4d ago
The IRS released Notice 2024-80 on November 1, 2024 announcing the new contribution and benefit limits for 2025 ..read more