Articles for August, 2019
Tax and Financial News
3 Big Tax Issues to Look Out for in Your Estate Plan
August, 2019
There are three big tax issues that can derail an otherwise well-executed estate plan. These include Family Limited Partnerships, Revocable Trust Swap Powers and Trust Situs. Below we explore the pitfalls with each issue...
Why Some People Are Afraid of the Hobby Loss Rules
July, 2019
Many tax advisors are very cautious when it comes to claiming hobby losses – and some would argue overly so. This conservative view stems from the impression that the taxpayer usually loses when challenged...
General Business News
Understanding and Applying Accounting Reports and Ratios
August, 2019
When it comes to tracking incoming sales and outgoing expenses, there are many ways businesses can keep up with their invoices and implement strategies to reduce the time they spend on unpaid...
How to Define and Calculate a Break-Even Analysis
July, 2019
According to data from a U.S. Small Business Administration Office of Advocacy report from August 2018, businesses have varied longevity....
What's New in Technology
How the Accountant Role has Morphed with Technology, and What New Skills are Necessary
August, 2019
Accountants are no strangers to inventions. Known inventions such as the abacus, calculators and computers have helped complete tasks quickly and in less time. However, today’s technology...
How To Use AI For HR
July, 2019
There is a lot of new technology being used to automate functions and save money in large corporations, but many small organizations are shut out of those advancements. This is largely because of the cost...
Guest Writer of the Month
How social media and digital data threaten privacy
August, 2019
Communication has changed a lot over the past two decades with social media’s emergence. The way we communicate changed from snail mail and landlines to SMS...
Tip of the Month
Pass It On: Accounting Tips to Share With Kids
August, 2019
It’s never too early to helps kids understand accounting – the concepts of earning and spending. Here are a few ways to teach your little ones about how money works and even have a little fun...
New from Apple: iPhone iOS 13 Upgrades, All-New Mac Pro
July, 2019
During its annual Worldwide Developers Conference (WWDC) on June 3, Apple introduced a lot of new technology. Here, we will have a look at iPhone iOS13 upgrades and the all-new Mac Pro...
Congress at Work
Relief for Immigrants, Attempts to Deter Foreign Election Interference and Failed Resolutions to Condemn Foreign Arms Sales
August, 2019
Emergency Supplemental Appropriations for Humanitarian Assistance and Security at the Southern Border Act, 2019 (HR 3401) – This legislation provides $4.5 billion...
Disaster Relief Funding, Expanded Benefits for Neglected Vietnam Veterans, and Bipartisan Reforms for the IRS
July, 2019
National Flood Insurance Program Extension Act of 2019 (S 1693) – This bill reauthorizes the National Flood Insurance Program, which was set to expire on May 31, through June 14. The bill was...
 
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