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Articles for September, 2019
Tax and Financial News
The Five Key IRS Rules of Taxation for Lawsuit Settlements
September, 2019
Coming out on the winning side of a lawsuit as a plaintiff can be a gratifying feeling, especially if there is a financial settlement involved. There is likely a sense of both relief and...
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...
General Business News
Payroll Management Tips
September, 2019
When it comes to an employer's responsibility for non-exempt workers, according to the U.S. Department of Labor, there are many requirements businesses must follow related to payroll. In one example, there are...
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...
Stock Market News
How Will Tariff Developments Impact the Stock Market Going Forward?
September, 2019
According to an Aug. 13 press release from the office of the United States Trade Representative (USTR), there will be a 10 percent tariff levied against $300 billion of Chinese imports effective Sept. 1. The...
How Will the July 17, 2019 Beige Book Impact the Economy?
August, 2019
The Federal Open Market Committee (FOMC) recently met at the close of July, bringing to light many questions on the Federal Reserve’s future monetary...
Financial Planning
Lost Inheritance: How To Find a Deceased Parent's Assets
September, 2019
If you have a relative who recently died and left you in charge of his or her finances, you are not alone. You probably have colleagues at work in the same boat. A neighbor or two (or 10) and even your millennial...
Proposed Changes For Retirement Plans
August, 2019
Laws regarding retirement savings plans don’t change all that often or all that much. Occasionally, new regulations are issued mandating disclosures that no one ever reads – and inflation-adjusted...
What's New in Technology
The Rise of Biometrics Security and Why You Should Take Precaution
September, 2019
Biometric technology has been on the rise as it promises to make the authentication process more secure and convenient. Unlike passwords and key cards, biometrics are something you will always...
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...
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
5 Money-Saving Ideas for Back-to-School Shopping
September, 2019
Just when you’ve finished spending a bunch on swimsuits and stuff for grilling out, summer’s over and it’s time for the kids the head back to school. How did this happen? Here are some...
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...
Congress at Work
Extending Medicaid Funding, the Debt Limit, Membership into the American Legion, and Support For 9-11 Victims, Law Enforcement Officers, and Breastfeeding Moms
September, 2019
Sustaining Excellence in Medicaid Act of 2019 (HR 3253) – This bill authorizes appropriations through fiscal year 2024 and makes changes to several Medicaid programs and funding mechanisms....
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...