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Over the next ten years, roughly $7 trillion in unpaid taxes will go uncollected. In that regard, the Inflation Reduction Act seems rather conservative in its estimate of being able to close that tax gap by $124 billion, right? One can only hope that $80 billion in new funding will help fix the IRS’ inefficiencies, but there’s still a real, and large, economic cost borne by taxpayers.
Read MoreThe behavioral biases that cause us to ignore overwhelming odds and fill out March Madness brackets are innate. They’re also the same traits that lead to illogical investment decisions. Learn more about how the Affect Heuristic and the Illusion of Validity influence our investment decisions in the same way they make us cheer on underdogs, and root for teams we may have never followed before.
Read MoreYou’ve been through it all – admissions counselling, college nights, test prep, campus visits, applications – and now the big day is fast approaching. Are you ready? No matter how much you prepare, this is a time fraught with emotions and wondering if you’ve done enough to prepare. Here are a few tips for families about to send their child off to college.
Read MoreSome form of remote work is here to stay. Here are 5 ways to improve work/life balance and deal with the stress that comes from never turning it off.
Read MoreHow secure we feel in our relationships tends to mirror how secure we feel about our finances. Loss aversion is deeply ingrained within our brains, and brings challenges to our relationships. The work of Nobel Laureate Daniel Kahneman sheds light on this dilemma.
Read More![Mind The [Tax] Gap](https://images.squarespace-cdn.com/content/v1/5b96c6cfe749403412d84454/1639433766395-0D81T01QEWMH1ZKB8LCV/Blog+Post+-+December+2021+%28Banner%29.jpg)
