Relief for Immigrants, Attempts to Deter Foreign Election Interference and Failed Resolutions to Condemn Foreign Arms Sales

Emergency Supplemental Appropriations for Humanitarian Assistance and Security at the Southern Border Act, 2019 (HR 3401) – This legislation provides $4.5 billion in emergency supplemental appropriations to federal departments and agencies for humanitarian assistance and security to respond to migrants attempting to enter the United States at the southern border for the rest of the … Continue reading “Relief for Immigrants, Attempts to Deter Foreign Election Interference and Failed Resolutions to Condemn Foreign Arms Sales”

How the Accountant Role has Morphed with Technology, and What New Skills are Necessary

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 is complex and is reshaping the world of accounting. Such new technologies include big data, cloud computing, artificial intelligence, block chain, payment systems, mobility and social collaboration, among … Continue reading “How the Accountant Role has Morphed with Technology, and What New Skills are Necessary”

Proposed Changes For Retirement Plans

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 contribution limits tend to inch up each year. However, there is one phenomenon that has been increasing over the past decade, and Congress is finally starting … Continue reading “Proposed Changes For Retirement Plans”

How Will the July 17, 2019 Beige Book Impact the Economy?

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 policy. While there was much speculation that the Fed would lower the federal funds rate at its most recent meeting, there are many factors impacting this decision. One relevant factor is … Continue reading “How Will the July 17, 2019 Beige Book Impact the Economy?”

Understanding and Applying Accounting Reports and Ratios

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 sales. Accounts Receivable Turnover Ratio Simply defined, the accounts receivable turnover ratio is a way of showing what percent of a company’s receivables … Continue reading “Understanding and Applying Accounting Reports and Ratios”

3 Big Tax Issues to Look Out for in Your Estate Plan

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. Fixing FLPs Family Limited Partnerships (FLP) are often created to hold investments or business assets in order to leverage a valuation … Continue reading “3 Big Tax Issues to Look Out for in Your Estate Plan”

 
 
 
 
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