Never Too Early to Plan: 5 Ways Millennials Can Build Wealth for the Future
It's never too early to start planning for your future. One financial educator and consultant offers retirement tips for millennials.
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Dealing With a Large Tax Bill
After De’Lante A. Rawls, 34, left his job as an insurance agent in 2002 to open his own agency, he was hit with a $7,000 tax bill because he hadn’t withheld taxes on his self-employment earnings. When he couldn’t pay the entire bill immediately, he consulted with a certified public accountant who advised him to file his return on time and arrange an installment plan with the Internal Revenue Service. “They put me on a five-year plan to pay it off,â€says Rawls, now founder and managing principal of National Insurance Consulting Group in Washington, D.C. The monthly payments of $150 covered the balance plus interest and late penalties. But Rawls, determined to accelerate the payments, applied every extra cent he could and paid off the balance in 18 months.
Orlando Ashford Named Interim CEO Of The National Black MBA Association
By stepping out of retirement to take on this role, Ashford sets an inspiring example of leadership rooted in purpose and passion.
FIFA Urges Federations To Declare Penalty For Anti-Black Racism
FIFA strongly urged all 211 national federations to both mandate racism and racist gestures as penalties and adopt a standard gesture for communicating that this violation had occurred either in the stands or on the field of play.
Black Woman Named First Female Chancellor Of England’s University Of Birmingham
The 60-year-old Okoro previously broke barriers as the first British National and Black woman to hold the position of senior vice president and general counsel for the World Bank Group.