Articles for September, 2021
Tax and Financial News
Tax Breaks for Helping Relatives
September, 2021
It’s not uncommon for adult children or siblings to act as caregivers for family members or give them financial assistance for medical or long-term care needs. The problem is that...
How to Turn a Summer Job into a Tax-Free Retirement Nest Egg and More
August, 2021
Tis the season for summer jobs for high school and college kids. These seasonal jobs are more than just an opportunity for teens and college students to earn some money and gain experience. They also provide the...
Restricted Stock & RSUs: 3 Planning Tips
July, 2021
Equity compensation is becoming more mainstream and is not just for executives anymore. Grants of restricted stock or restricted stock units (RSUs) are getting to be more common than stock options – and the rules are...
General Business News
How and Why to Develop a Bring-Your-Own-Device Policy
September, 2021
With the internet available for essentially all employees and remote work becoming a part of more businesses’ operations, developing a bring-your-own-device (BYOD) policy is almost necessary...
How Businesses Can Harness Demand Forecasting
August, 2021
According to the Bureau of Economic Analysis, consumer spending has seen some interesting trends over the first half of 2021. May was flat, April was at 0.9 percent, March was 5.0 percent, and February was at 1.0 percent. With...
How to Develop a Hybrid Work Policy Post-Pandemic
July, 2021
According to a Prudential survey, 87 percent of respondents said they would prefer to work remotely at least one day per week. This is compared to 13 percent of respondents preferring to work at the office all the time. The same...
Stock Market News
Are Retail Reports a Sign of a Slowing Recovery?
September, 2021
As the U.S. Census Bureau reported on Aug. 17, retail sales fell by 1.1 percent during July compared to the revised June retail sales figures. This is in contrast to an increase of 20.6 percent between May and July...
Will Increasing Oil Prices Put a Ceiling on Global Economic Growth?
August, 2021
According to the U.S. Energy Information Administration's Short-Term Energy Outlook, the June price of $73 per barrel for Brent Crude Oil was up by $5 per barrel over May. With more vaccinations being rolled out...
How Will Uncertain Inflation Outlook Impact Stock Market?
July, 2021
The June 16 Federal Open Market Committee (FOMC) meeting Q&A session with Chairman Jay Powell and recent comments from The Fed have signaled two potential inflation rate hikes in 2023. Two days later, James Bullard, president...
Financial Planning
What is a Net Zero Economy?
September, 2021
President Biden re-entered the United States in the Paris Agreement. This is an international treaty first signed in 2015 in which countries around the globe committed to mitigating climate change....
HSA: Save it for Retirement
August, 2021
According to Fidelity Investments, the average 65-year-old couple retiring today will need about $300,000 for out-of-pocket healthcare expenses during retirement. And that doesn’t even include long-term care. One way...
Wishing on a Star: Investors Pour Billions in to SPACs
July, 2021
A SPAC is a special purpose acquisition company. It is typically sponsored by a venture capitalist or a private equity firm that has expertise in a specific sector or industry, such as green technology. A SPAC launches...
What's New in Technology
Is Your Business Ready to Outsource Accounting?
September, 2021
Accurate and timely accounting is critical for any business’ survival. At the same time, it’s important for entrepreneurs to pour their energy into core business activities and not waste time on day-to-day...
Technology Driven Accounting: How to Prepare Staff for a New Age in Accounting
August, 2021
Technology has no doubt changed the traditional way of doing things. Businesses and professionals are left with no choice but to adopt new technology to remain relevant in a changing environment...
Audits in Accounting: Improving Audit Quality with Data Analytics
July, 2021
Auditing is crucial to ensure the accuracy and fairness of financial information. However, one of the biggest threats to audit reputation today is data quality. This is because of the large volumes of data...
Tip of the Month
How to Catch Up on Your Retirement
September, 2021
If you’re 40 or 50 and aren’t where you’d like to be in terms of saving for retirement, don’t despair. You can remedy this situation. And since people are living well into their 80s and 90s, it’s never...
5 Tips for Job Seekers Over 50
August, 2021
You’ve got loads of experience in your field. You know things that only time can teach you. However, all of your experience and knowledge can sometimes work against you. And even though age discrimination is...
5 Tips for Going Back to the Office
July, 2021
Slowly, our world is changing. A percentage of the population has been vaccinated and many employees are headed back to the office. However, this may cause a bit of anxiety – and understandably so. Here are few...
Congress at Work
Fiscal Year Funding Plus Legislative Support for Health Care Professionals and Physical Activity for All Americans
September, 2021
A bill to provide for the publication by the Secretary of Health and Human Services of physical activity recommendations for Americans (S 1301) – This bill authorizes the Secretary of Health...
Blocking Voter Expansion, Proposing Greater Scrutiny of Inspectors General, and Paving the Way for Climate Change Measures
August, 2021
For the People Act of 2021 (HR 12) – This bill is designed to improve voter access to the ballot box by expanding automatic and same-day voter registration, vote-by-mail and early voting. The legislation...
Recognizing the Abolishment of Slavery and Compensating Law Enforcement, Overseas Federal Employees and Disaster Relief Victims
July, 2021
Juneteenth National Independence Day Act (S 475) – This bill authorizes Juneteenth National Independence Day on June 19 as a legal public holiday. The bill was introduced...