🖨 Print⏱ 4 min readIt 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 on success … Continue reading “Practicing Gratitude: A Look Back at 2019”
🖨 Print⏱ 5 min readThe 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 than a year, then they will qualify for the more … Continue reading “How to Defer, Avoid Paying Capital Gains Tax on Stock Sales”
🖨 Print⏱ 4 min readThe 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 news release from U.S. Sen. John Hoeven (D-ND) With ongoing discussions surrounding the US-Sino trade talks, there … Continue reading “What Would a Phase One Deal with China Encompass?”
🖨 Print⏱ 4 min readNational POW/MIA Flag Act (S 693) – This bill amended title 36 of the United States Code to require that the POW/MIA flag be displayed on all days that the flag of the United States is displayed on certain federal properties. Previously, the POW/MIA flag was displayed only on Armed Forces … Continue reading “Hanging Flags, Awarding Geniuses, Supporting Hong Kong Protestors and Criminalizing Animal Cruelty”
🖨 Print⏱ 4 min read 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 all private and public consumption, including for profit, nonprofit and government sectors. There are four components that are added … Continue reading “Gross Domestic Product: A Primer”
🖨 Print⏱ 4 min readWhen it comes to determining depreciation for Furniture, Fixtures and Equipment (FF&E), there are many considerations that exist for accountants and business owners. Defining Furniture, Fixtures and Equipment FF&E refers to expenses for business items that are not affixed to the building where that business operates. Real-world examples of depreciable assets … Continue reading “Furniture, Fixtures and Equipment – and Depreciation”
🖨 Print⏱ 4 min readEric 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 China’s active monitoring of all internet activities, as well as technological products and services … Continue reading “What is Splinternet and Why You Should Care”
🖨 Print⏱ 4 min readBelieve 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 on spending and save money on gifting. Set … Continue reading “5 Ways to Save on Holiday Gifting”
🖨 Print⏱ 4 min readWith 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: 1. Removal of the Affordable Care Act’s (ACA) … Continue reading “Tax Changes 2019”
🖨 Print⏱ 3 min readAccording 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 same report followed up on August 2019’s numbers, with a revision by the agency to 0.6 … Continue reading “How Will Ongoing China Trade Tensions Tensions Impact Consumer Spending?”