🖨 Print⏱ 3 min readAccording 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 report issued on Dec. 14. For November 2021, the PPI grew by 0.8 percent. … Continue reading “How Businesses Can Combat Inflation’s Toll”
🖨 Print⏱ 4 min readTechnology 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 year, technology is also progressing rapidly. The recent business disruption by the COVID-19 pandemic also has contributed … Continue reading “2022 Technology Trends for The Accounting Industry”
🖨 Print⏱ 3 min readAs 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 as to whether he would be reappointed or replaced. Powell’s first term as … Continue reading “Fed Chair Nomination in 2022: How Will it Impact Markets?”
🖨 Print⏱ 3 min readVenture 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) invests after the new venture is up and running and looking for additional … Continue reading “Venture Capitalism and ‘Unicorns’”
🖨 Print⏱ 3 min readInfrastructure 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 also addresses climate change with strategies to reduce the environmental impacts of the surface transportation system and facilitate the efficient … Continue reading “Congress at Work: Infrastructure Spending, Hiring Veteran Health Heroes and Initiatives for Education, Childcare and Immigration”
🖨 Print⏱ 4 min readAccording 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 2021. Sixty-seven percent of those asked said that feeling burned out has become more pronounced … Continue reading “How Businesses Can Recognize and Combat Employee Burnout”
🖨 Print⏱ 4 min readAccounts 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 businesses do not have much choice but to accept automation while others may have realized the need to automate accounts payables due … Continue reading “Considerations When Automating Accounts Payables”
🖨 Print⏱ 3 min readHere 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 tax planning ideas for both small businesses and individuals. Business … Continue reading “Year-End Tax Planning Tips for Individuals and Businesses”
🖨 Print⏱ 3 min readThe 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 about how you can engage in acts of generosity and return to what the season is all about. … Continue reading “5 Affordable Ways to Share the Holiday Spirit”
🖨 Print⏱ 3 min readEnergy is expected to increase in price as 2021 closes and 2022 begins, according to the Oct. 13, 2021 Short-Term Energy Outlook (STEO) from the U.S. Energy Information Administration (EIA). Between October 2021 and March 2022, the U.S. benchmark, Henry Hub, is expected to average $5.67 million British thermal units (MMBtu). … Continue reading “Will the Natural Gas Squeeze Derail the Recovery?”