Getting into college is only half the challenge; paying for it is quite another. According to research conducted by two assistant professors of economics, in a paper titled “Accounting for the Rising in College Tuition,” the cost of college tuition more than doubled from 1987 to 2010, and outpaced inflation by 2-4 percent.
As it stands today, roughly 12 million Baby Boomers own some type of small business, the combined value of which is roughly equal to $10 trillion. This comes at a time when the oldest of them have just crossed into their seventies.
Funders may tell you that restricted funding increases nonprofit transparency, but what exactly are funders so afraid nonprofit leaders will do if given the flexibility and implied trust that comes with unrestricted funding?
It should come as no surprise that when the California Legislature recently began the process of divvying up proceeds from the state’s cap-and-trade auctions, a cavalcade of local officials, community activists and lobbyists rushed to Sacramento, with hands out.
PayPal is turning to its old nemesis, plastic, to help it expand beyond the digital realm.
Some call it altruistic investing. Others use adjectives like responsible, sustainable or social impact. The concept is to strategically choose where to invest so that you can have a positive effect while still making a profit.
Californians are very generous. They donate about 2 percent of their income to charity, which amounted to more than $26 billion in 2013, according to the Urban Institute’s analysis of data from the National Center for Charitable Statistics. If you plan to support your favorite causes this year, consider these simple, tax-smart strategies that help your charitable dollars have more impact.
The day that Jenny and Bob had their son Justin in 1994, they set foot in a new world. Jenny went into labor four weeks early, and her baby presented in the wrong direction — feet first. So he was delivered through emergency C-section. Once he was born, his heart rate dropped instead of rising, as it should have. For weeks it wasn’t clear whether he’d survive.
Taxes. Whether you’re married or single, many people I talk to would rather put my feet to the fire than file taxes. Why? Well, there’s the time it’s takes to gather all the information and documents needed to file your taxes. Then there’s the process of preparing the return online or hiring someone to do it for you. There are better things to do — like watching water drip or paint dry.
From police shootings to incidents like the Fort Lauderdale airport shooting, gun violence has been dominating news cycles in recent years. Additional virtual training could help civilians know how to respond in a hostile encounter.
Each month, Comstock’s online features a different Startup of the Month. As 2016 comes to a close, we take one last look at these startups to see how they stack up.
For a sense of how fungible the label “financial adviser” has become, talk to Mike Chamberlain of Chamberlain Financial Planning & Wealth Management, which has an office in Sacramento. “’Financial services industry’ is a very broad term,” he says, “and I don’t like being included in it.
The California Public Employees’ Retirement System, the largest U.S. public pension fund, is ratcheting down expected investment gains over the next decade as low interest rates and a gloomier stock market depress returns.
As many will attest, the entrepreneurial journey is often a case of survival. It has been described as overwhelming, full of trial and error and harsh lessons. Despite all the hard work invested, the process, when improperly handled, can often impede one’s ability to succeed.
“If I have to use the word ‘funnel’ one more time today, I might die. #buzzwords” — @abhinemani
Posted on Twitter by Sacramento’s Chief Innovation Officer, Abhi Nemani, on Aug. 22, this was the tweet heard ‘round the Comstock’s office. It kicked off a lengthy debate among our staff about what “funnel” actually meant.
It’s not yet tax season, I know, I know. But as a self-employed freelancer, solopreneur or consultant, and doer of all things for your business, it’s quite imperative that you prioritize estimated quarterly taxes — the next deadline is just around the corner. And actually, there are penalties if you ignore these taxes. So listen up, freelance friends!
It’s that time of year again: the start of a new school year. As millions of students head back to school, their parents head to local stores and to their computers or phones to purchase for all the necessary supplies.
Bill Murray (not that one) was at the top of his game, so to speak, until an epic fall from grace. In December 2009, the 54-year-old tax accountant was charged with defrauding more than 50 clients of his Sacramento firm, Murray & Young Accountancy, out of more than $13.3 million. He subsequently pleaded guilty and was sentenced to 19.5 years in federal prison. The saga played out like a reality TV crime drama, from beginning to end.
You’ll make a handful of major decisions in life. One of those is selecting the professional who will manage your savings and handle your investments. This choice will impact everything in your life, including sending your child to college, buying a house and living comfortably in retirement. Here are seven criteria for vetting a financial or investment professional:
For many parents, putting a kid in daycare costs more than the rent. And the price continues to climb.