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How Can The Latest Federal Interest Rate Increase Affect Your Money?

How Can the Federal Interest Rate Increase Affect Your Money?

The Federal Reserve determines interest rates that drive borrowing costs for businesses and consumers. The Fed understands monetary policy implications that keep the US economy in check. It determines whether to increase, decrease, or maintain interest rates.  When the economy shows signs of inflation, the Fed may raise interest rates to reduce economic activity and … Read More

irs audits

Could I Get Audited by the IRS Because I Filed for Bankruptcy?

It is difficult to predict exactly when or if the Internal Revenue Service of the United States might audit you, which could subject you to a rigorous financial examination. At Sawin & Shea, we sometimes encounter people who are filing for bankruptcy and worry whether doing so will trigger an IRS audit. So, let’s look … Read More

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