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How to Defer, Avoid Paying Capital Gains Tax on Stock Sales
Tax and Financial News
How to Defer, Avoid Paying Capital Gains Tax on Stock Sales
December, 2019
The markets are hitting all-time highs, so if you are thinking of selling stocks now or in the near future, there is a good chance that you will have capital gains on the sale. If you’ve held the stocks for more...
Furniture, Fixtures and Equipment - and Depreciation
General Business News
Furniture, Fixtures and Equipment - and Depreciation
December, 2019
When it comes to determining depreciation for Furniture, Fixtures and Equipment (FF&E), there are many considerations that exist for accountants and business owners....
What Would a Phase One Deal with China Encompass?
Stock Market News
What Would a Phase One Deal with China Encompass?
December, 2019
The so-called phase one of a trade deal with China is expected to contain a provision for $40 billion to $50 billion in purchases of American agricultural products by China, according to an October...
Gross Domestic Product: A Primer
Financial Planning
Gross Domestic Product: A Primer
December, 2019
The economic indicator known as Gross Domestic Product (GDP) represents the dollar value of all purchased goods and services over the course of one year. It is comprised of purchases from...
What is Splinternet and Why You Should Care
What's New in Technology
What is Splinternet and Why You Should Care
December, 2019
Eric Schmidt, former Google CEO, made a prediction in September 2018 that the internet will split in two – one part being led by China and the other by the United States. The reasoning behind this involves...
Practicing Gratitude: A Look Back at 2019
Tip of the Month
Practicing Gratitude: A Look Back at 2019
December, 2019
It may be hard to believe, but the end of the year is upon us. During this time, many of us might reflect on the year and tally up the good and the bad, the pros and the cons of the past 12 months. In a society that focuses...
Hanging Flags, Awarding Geniuses, Supporting Hong Kong Protestors and Criminalizing Animal Cruelty
Congress at Work
Hanging Flags, Awarding Geniuses, Supporting Hong Kong Protestors and Criminalizing Animal Cruelty
December, 2019
National POW/MIA Flag Act (S 693) – This bill amended title 36 of the United States Code to Hanging Flags, Awarding Geniuses, Supporting Hong Kong Protestors and Criminalizing Animal Crueltyrequire...
Tax Changes 2019
Tax and Financial News
Tax Changes 2019
November, 2019
With the start of the fourth quarter of 2019 underway, it's time to see what the Internal Revenue Service (IRS) will expect of filers for their 2019 taxes. The following are a list of major changes that filers need to be aware of...
LIFO Versus FIFO and How Each Method Values Inventory
General Business News
LIFO Versus FIFO and How Each Method Values Inventory
November, 2019
As the name implies, First-In, First-Out (FIFO) is a way for companies to value their inventory. The first items put into inventory or produced by the company are accordingly the first taken out of inventory or...
How Will Ongoing China Trade Tensions Tensions Impact Consumer Spending?
Stock Market News
How Will Ongoing China Trade Tensions Tensions Impact Consumer Spending?
November, 2019
According to the U.S. Department of Commerce and the U.S. Census Bureau, retail sales came in at a negative 0.3 percent for September, even though it's still 4.1 percent more than September 2018's report. The...
What to Expect and How to Prepare for a Recession
Financial Planning
What to Expect and How to Prepare for a Recession
November, 2019
Economists generally determine that the country has fallen into a recession after two consecutive quarters of negative gross domestic product (GDP) growth. Since 1967, the United States has experienced seven recessions...
How to Stay Safe with Business Email Compromise on the Rise
What's New in Technology
How to Stay Safe with Business Email Compromise on the Rise
November, 2019
According to a report by the Financial Crimes Enforcement Network (FinCEN) released in July, financial institutions have incurred more than $9 billion in losses due to Business Email Compromise (BEC) schemes...
5 Ways to Save on Holiday Gifting
Tip of the Month
5 Ways to Save on Holiday Gifting
November, 2019
Believe it or not, the holidays are right around the corner. And try as you might, overspending is real – whether you plan ahead or wait until the last minute. With this in mind, here are a few ways to get a handle...
Fighting Foreign Terrorism on Homeland Soil, Increased Protections for Clean Water and Low-Income Veterans, and New Appropriations for FY2020
Congress at Work
Fighting Foreign Terrorism on Homeland Soil, Increased Protections for Clean Water and Low-Income Veterans, and New Appropriations for FY2020
November, 2019
This bill promotes the identification and determent of terrorist activity from reaching the homeland, and enhances the United States government’s ability to respond to terrorism, including emerging...
 
 
 
 

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