The SECURE Act of 2019
The SECURE Act of 2019 is a broad bill with the purpose of increasing access to tax-advantaged retirement accounts in...
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Key Technology Trends in Accounting to Watch Out For in 2020
Technology advances continue to reshape industries and businesses – and the accounting industry is no exception. So far, a lot...
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4 Financial New Years Resolutions You Can Actually Keep
Believe it or not, it’s 2020. You’re not just starting a new year, you’re entering a new decade. With this...
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Economic Correlation: Cyclical and Non-Cyclical Stocks
A rising tide might lift all boats, but the same cannot be said for the economy.When the U.S. experiences robust...
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How to Calculate and Analyze Return on Equity
When it comes to evaluating a business, especially one that is publicly traded, determining its return on equity (ROE) is...
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2020 Tax Brackets, Deductions, Plus More
Beginning on Jan. 1, 2020, the Internal Revenue Service (IRS) has new annual inflation adjustments for tax rates, brackets, deductions, and...
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Hanging Flags, Awarding Geniuses, Supporting Hong Kong Protestors and Criminalizing Animal Cruelty
National POW/MIA Flag Act (S 693) – This bill amended title 36 of the United States Code to require that...
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What is Splinternet and Why You Should Care
Eric Schmidt, former Google CEO, made a prediction in September 2018 that the internet will split in two – one...
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Practicing Gratitude: A Look Back at 2019
It may be hard to believe, but the end of the year is upon us. During this time, many of...
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Gross Domestic Product: A Primer
The economic indicator known as Gross Domestic Product (GDP) represents the dollar value of all purchased goods and services over...
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Furniture, Fixtures and Equipment – and Depreciation
When it comes to determining depreciation for Furniture, Fixtures and Equipment (FF&E), there are many considerations that exist for accountants...
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How to Defer, Avoid Paying Capital Gains Tax on Stock Sales
The markets are hitting all-time highs, so if you are thinking of selling stocks now or in the near future,...
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Fighting Foreign Terrorism on Homeland Soil, Increased Protections for Clean Water and Low-Income Veterans, and New Appropriations for FY2020
Terrorist and Foreign Fighter Travel Exercise Act of 2019 (HR 1590) – This bill promotes the identification and determent of...
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How to Stay Safe with Business Email Compromise on the Rise
According to a report by the Financial Crimes Enforcement Network (FinCEN) released in July, financial institutions have incurred more than...
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5 Ways to Save on Holiday Gifting
Believe it or not, the holidays are right around the corner. And try as you might, overspending is real –...
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What to Expect and How to Prepare for a Recession
Economists generally determine that the country has fallen into a recession after two consecutive quarters of negative gross domestic product...
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LIFO Versus FIFO and How Each Method Values Inventory
As the name implies, First-In, First-Out (FIFO) is a way for companies to value their inventory. The first items put...
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Tax Changes 2019
With the start of the fourth quarter of 2019 underway, it's time to see what the Internal Revenue Service (IRS)...
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Debt Relief for Military Service Members, Veterans, Family Farmers and Small Business Owners
Small Business Reorganization Act of 2019 (HR 3311) – Scheduled to take effect starting in February 2020, this new law...
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What is VPN and Why Do You Need It?
The rise in the number of data breaches reported every other day has become a major concern – even to...
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