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CARMEL, Ind., Feb. 26, 2021 /PRNewswire/ -- GyanSys has hired Anand Aboti as the company's first Chief Business Officer. Aboti will be responsible for driving global business growth, expanding referenceable customer success, and strengthening alliances with strategic partners including SAP, Salesforce, and Microsoft.

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When Covington hosted Terre Haute North on Friday night, it was the second time the 1A Trojans had faced a 4A school in boys’ basketball this season.

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MoneyTips

Preparing a tax return is not most people's idea of a good time. As a result, we tend to procrastinate and wait until the last minute to file our returns. However, there are good reasons to start preparing your tax return as soon as you have all the necessary documents:

1. Reduce the Chance of Tax Identity Theft and Fraud – By filing as early as possible, you can reduce the chances of a thief filing a fraudulent return in your name. Greg McBride, Senior Vice President and Chief Financial Analyst for Bankrate.com, calls tax ID fraud "a massive headache for people" and refers to the practice as "…one that people too often don't find out about until after the fact. They go to file their tax return and it gets rejected because a return's already been filed under their Social Security number."

Confirms Betterment Head of Tax Eric Bronnenkant, "The sooner that you file, the less...

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MoneyTips


Early Birds Should Be Careful

Have you been waiting patiently to file your taxes? If so, you're in luck. This tax season is now underway. February 12th, 2021, was the first day that the IRS would accept tax returns for the 2020 tax year, either electronic or paper copies. (You can mail in paper copies at any time, but they won't be processed until the tax season kickoff date set by the IRS.)

Why file your taxes early? A better question is: Why leave taxes hanging over your head until April and then spend a stressful week trying to complete your return? In addition, filing early can thwart any identity thieves trying to file a false return in your name – and if you have a tax refund coming, why wouldn't you want to get it as soon as possible?

Even so, early filers must take care to avoid mistakes that negate the benefits of an ear...

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MoneyTips

One of the most controversial provisions of the 2017 Tax Cuts and Jobs Act (TCJA) was the limit it placed on state and local tax (SALT) deductions. The TCJA capped the deduction on combined payments for state and local property, sales, and income taxes at $10,000 beginning in the 2018 tax year.

According to the Joint Committee on Taxation, the SALT deduction cost the government $100.9 billion in potential 2017 tax revenue. The estimated SALT deduction costs for 2020 dropped to $24.443.1 billion. It's a large part of the tax revenue increase that paid for the corresponding tax cuts.

Many taxpayers won't be affected by the SALT changes. However, people in states with high taxes and high property values can easily reach $10,000 from either property taxes or state taxes alone.

How do you know if you'll be affected? Check Schedule A on last year's tax return. If you entered more than $10,000 on line 5d and your tax status hasn't significantly changed, you'll...

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MoneyTips

Do the words "tax return" send shivers down your spine because you always end up with a gigantic headache and little or no tax refund at the end? Maybe the problem is in preparation and planning – or lack of it. Tax law is complicated, and it takes a coordinated, sustained effort to optimize your refund. Let these nine tips help you acquire the best refund possible.

1. Don't Delay – The IRS doesn't start processing forms for the 2020 tax year until February 12, 2021, but that doesn't mean you have to wait until right before this year's deadline of April 15. If you need motivation, think of what you can do with a tax refund windfall. The sooner you file, the sooner you can put your refund to use. Two other reasons to avoid procrastination: the earlier you begin, the more time you'll have to locate any missing documents and data; and the sooner you file, the harder it is for a tax identity thief to target you.

2. Contribute to Retirement Pl...

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MoneyTips

For Valentine's Day, we hope you bought a thoughtful gift for your significant other. It's the thought that counts, of course, but let us give you a tip or two: women like jewelry. And, when it comes to fine jewelry, you should give thought to insurance.

Fortunately, your family's everyday jewelry is probably covered by standard homeowner's or renter's insurance (at current market value less any deductible), assuming you carry such insurance. However, if you have valuable or very sentimental pieces of jewelry, the coverage may be lacking.

How can you tell whether your coverage is adequate? The following steps can help you reach the best decision.

  • Inventory and Appraisal – You cannot figure out if your coverage is sufficient if you do not assess what you have. You need a list of items and their current value for any insurance claim, as well as for a police report in case of theft.

    Create a spreadsheet with each piece l...

Scheduling Personal Property On Your Homeowners or Renters Policy

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No matter what’s going on or where it might be going on, time is often of the essence when it comes to just about anything. The clock can be one of the biggest barriers to finding consistent routines, especially when it comes to exercising on a regular basis. But it doesn’t have to be. Check out how to squeeze in a quick yet still-effective workout that can generate real results, even if only 30 minutes are up for grabs.

Winter’s cold is still here, the windows have been closed for months, the heat is running and the humidifier appears to have found a permanent home in the bedroom. It can be tough to keep the air inside homes of high quality during the winter.