Articles for January, 2022
Tax and Financial News
The Risks of Using Self-Directed IRAs
January, 2022
Self-directed IRAs (SDIRAs) are becoming more and more popular as IRA holders look to enter alternative investments. While SDIRAs can open up a world of investment options, the rules around them are complicated and compliance...
Year-End Tax Planning Tips for Individuals and Businesses
December, 2021
Here we are again, nearing the end of another year. While the tax deadline for 2021 isn’t until April 2022, now is the time to plan and make some strategic moves to optimize your tax situation. Below we’ll look at some...
General Business News
How Businesses Can Combat Inflation's Toll
January, 2022
According to the U.S. Bureau of Labor Statistics (BLS), the Producer Price Index (PPI) or the increase in prices, goods and services that producers experienced for their input costs, saw a substantial rise, according to its latest...
How Businesses Can Recognize and Combat Employee Burnout
December, 2021
According to the job site Indeed, COVID-19 has taken a toll on workers even more in 2021, compared to 2020. The survey conducted by Indeed found that 52 percent of those surveyed felt “burned out” in...
Stock Market News
How Will Increased Tapering Impact Markets in 2022?
January, 2022
According to a Dec. 15 Federal Open Market Committee (FOMC) statement from the Federal Reserve, the federal funds target range will remain at 0 percent to 0.25 percent. Beginning in January, the FOMC will reduce its monthly...
Fed Chair Nomination in 2022: How Will it Impact Markets?
December, 2021
As the Board of Governors of the Federal Reserve System points out, Jerome Powell was appointed to a four-year term on Feb. 5, 2018. With the Fed Chair's term expiring in February 2022, there has been much uncertainty...
Financial Planning
Long-Term Investment Opportunities Presented by the Infrastructure Bill
January, 2022
In November, President Biden signed legislative funding that represents the largest transportation spending package in U.S. history. The $1.2 trillion Infrastructure Investment and Jobs Act authorized funding for roads...
Venture Capitalism and 'Unicorns'
December, 2021
Venture capitalism comes from an investor who offers money to start-up companies in exchange for an equity stake – much like you see on the ABC television show, Shark Tank. As a general rule, a venture capitalist (VC)...
What's New in Technology
2022 Technology Trends for The Accounting Industry
January, 2022
Technology has had a major impact on the accounting industry. Gone are days when technology was a second thought and accountants preferred the traditional methods to which they were accustomed. As we start another...
Considerations When Automating Accounts Payables
December, 2021
Accounts payables (AP) is a process in the financial department that can be inconsistent and burdensome. However, today’s workforce has driven AP transformation – especially with remote working. Some...
Tip of the Month
How to Get Your 2022 Finances in Order
January, 2022
Believe it or not, the New Year is here. If you’re trying to wrap your head around everything that’s ahead, one of the best things you can do is prepare yourself financially. Here are a few...
5 Affordable Ways to Share the Holiday Spirit
December, 2021
The holidays are a season of giving. While much of this involves financial expenditures, you can also give in ways that are more affordable and may hold more meaning. Here are some suggestions...
Congress at Work
Raising the Debt Limit, Protecting the Capitol and Prohibiting Foreign Campaign Financing
January, 2022
A joint resolution relating to increasing the debt limit(SJ Res 33) – This legislation was initially introduced on Dec. 14 by Sen. Chuck Schumer (D-NY). It is a joint resolution that authorized an...
Congress at Work: Infrastructure Spending, Hiring Veteran Health Heroes and Initiatives for Education, Childcare and Immigration
December, 2021
Infrastructure Investment and Jobs Act(HR 3684) – This legislation authorizes funding for federal highway, transit, safety, motor carrier, hazardous materials and rail programs of the Department of Transportation (DOT). The bill...