Articles for July, 2025
Tax and Financial News
Navigating Worker Classification: The Critical Difference Between Employees and Independent Contractors
July, 2025
Running a small business often means working with a mix of people: some full-time staff, part-time helpers, seasonal workers or project-based contractors. While this flexibility helps manage costs and workload, it creates a crucial...
Why AI Falls Short for U.S. Tax Guidance
June, 2025
The rise of artificial intelligence tools like ChatGPT and Grok has transformed how Americans seek information. From meal planning to complex financial questions, these...
General Business News
Examining Differences Between Liquidity And Solvency
July, 2025
Liquidity looks at how well a company can handle paying wages, inventory and lending repayments via measuring its cash or quasi-cash levels. Put another way, it looks...
Understanding the Goodwill to Assets Ratio
June, 2025
The goodwill to assets ratio measures how much of a company's total assets come from goodwill – an intangible asset like brand value or customer loyalty – and it plays a role in assessing the company's overall value. It...
Accounting News
Dissecting Working Capital
July, 2025
Working capital is the difference between a business' current assets and liabilities. Negative working capital can happen when a business' current assets are below its current liabilities. Therefore, working...
Decoding Net Realizable Value (NRV)
June, 2025
Whether it's maintaining compliance with accounting standards or ensuring asset values are not overvalued for internal stakeholders or external existing or potential new investors, looking at net realizable...
Financial Planning
Job Shopping: What's New in Company Benefits
July, 2025
If you are in the market for a new job or interested in extracting more value from your current one, consider some of the newer trends in company benefits. The following is a primer on what might be available to help supplement...
Responsibilities of Being the Executor of a Will
June, 2025
The appointed executor of a will is the person responsible for paying the debts and taxes of the will’s owner once he dies and then distributing what is left in the estate to named beneficiaries according to instructions...
What's New in Technology
Addressing the Digital Divide within the Workforce
July, 2025
The rapid pace of technological change, particularly the integration of artificial intelligence (AI) in daily workflows, is reshaping the global economy and the nature of work. Today’s digital divide is no...
Quantum Computing: Separating Hype from Real-World Business Value
June, 2025
Lately, there has been a lot of talk about quantum computing, drawing interest from many, including business leaders. Quantum computing promises to solve previously unsolvable problems and revolutionize entire industries. As...
Guest Post of the Month
One Big Beautiful Bill Act: Part 1 - What the New Tax Law Means for You
July, 2025
The One Big Beautiful Bill Act (OBBBA) passed the House on July 3 and was signed into law by President Trump. This comprehensive legislation makes several expiring tax cuts from the 2017 Tax Cuts and Jobs Act permanent,...
Tip of the Month
6 Reasons for Mid-Year Tax Planning
July, 2025
>Right smack dab in the middle of summer might seem like the worst time to think about your taxes, but it’s actually the perfect time. Here’s what taking a pause in July allows you to do...
How to Navigate Money Before Saying 'I Do'
June, 2025
According to a Bankrate Financial Infidelity Survey, 28 percent of couples said they considered financial cheating as bad as physical cheating. Furthermore, money is one of the top reasons for divorce, says Rahkim Sabree, counselor...
Guest Article of the Month
One Big Beautiful Bill Act: Part 2 - What the New Tax Law Means for Your Business
July, 2025
In this second part of our two-part series on the One Big Beautiful Bill Act (OBBBA), we examine the legislation's impact on businesses, trusts and estates. In addition, we will look at its overall economic impact....
Congress at Work
Preventing AI Deepfakes, Deterring Fentanyl and Foreign Aggression, and Strengthening Small Businesses
July, 2025
HALT Fentanyl Act (S 331) – On Jan. 30, Sen. Bill Cassidy (R-LA) introduced this bipartisan act in order to close a loophole that allowed clandestine drug manufacturers to evade illegal...
New Tax Cut & Spending Bill, Protecting Law Enforcement, VA Benefits and Semiconductor Supply Chains
June, 2025
One Big Beautiful Bill Act (HR 1) – Introduced by Rep. Jodey Arrington (R-TX) on May 20, this tax bill supports the president’s tax and immigration agenda. The legislation includes...
Guest Writer of the Month
One Big Beautiful Bill Act: Summary
July, 2025
The One Big Beautiful Bill Act (OBBBA) was passed and signed into law by President Trump, making several expiring tax cuts permanent and also introducing several new temporary provisions through 2028, impacting both individuals and businesses....