🖨 Print⏱ 3 min readSales and trading of nonfungible tokens (NFTs) are soaring recently. With the emergence of major marketplace platforms such as Opensea, NFTs are no longer an obscure segment of the blockchain technology world. Even old guard auction houses such as Sotheby’s are getting in on the action. In early September, the auction … Continue reading “Why the IRS Should Love NFTs”
🖨 Print⏱ 3 min readCongressional Budget Justification Transparency Act of 2021 (S 272) – This bill mandates that federal agencies must make budget justification materials publicly available online. The Office of Management and Budget will be required to publish details regarding the agencies that submit budget justification materials to Congress and dates the materials are … Continue reading “Enhancing Agency Budget Transparency, Opportunities to Study Science and Environmental Protections”
🖨 Print⏱ 4 min readAccurate and timely accounting is critical for any business’ survival. At the same time, it’s important for entrepreneurs to pour their energy into core business activities and not waste time on day-to-day bookkeeping. Unfortunately, the cost of setting up a full-time accounting department is prohibitive for small and mid-sized businesses. Thankfully, … Continue reading “Is Your Business Ready to Outsource Accounting?”
🖨 Print⏱ 4 min readIt’s not uncommon for adult children or siblings to act as caregivers for family members or give them financial assistance for medical or long-term care needs. The problem is that all too often those providing the help don’t take advantage of the tax benefits. Types of Care Caregiving happens through many … Continue reading “Tax Breaks for Helping Relatives”
🖨 Print⏱ 4 min readIf you’re 40 or 50 and aren’t where you’d like to be in terms of saving for retirement, don’t despair. You can remedy this situation. And since people are living well into their 80s and 90s, it’s never too late to start. Here are a few things you can do. Max … Continue reading “How to Catch Up on Your Retirement”
🖨 Print⏱ 3 min readAs the U.S. Census Bureau reported on Aug. 17, retail sales fell by 1.1 percent during July compared to the revised June retail sales figures. This is in contrast to an increase of 20.6 percent between May and July and a 15.8 percent increase for the year-over-year comparison to 2020 for … Continue reading “Are Retail Reports a Sign of a Slowing Recovery?”
🖨 Print⏱ 3 min read President Biden re-entered the United States in the Paris Agreement. This is an international treaty first signed in 2015 in which countries around the globe committed to mitigating climate change. Specifically, the goal of the Paris Accord is to limit global warming to no more than 1.5 degrees Celsius above … Continue reading “What is a Net Zero Economy?”
🖨 Print⏱ 3 min readA bill to provide for the publication by the Secretary of Health and Human Services of physical activity recommendations for Americans (S 1301) – This bill authorizes the Secretary of Health and Human Services to publish guidelines of recommended physical activity for Americans. The bill was introduced by Sen. Sherrod Brown … Continue reading “Fiscal Year Funding Plus Legislative Support for Health Care Professionals and Physical Activity for All Americans”
🖨 Print⏱ 3 min readWith the internet available for essentially all employees and remote work becoming a part of more businesses’ operations, developing a bring-your-own-device (BYOD) policy is almost necessary to help employees be more productive and safe while working. Research shows there are many reasons why businesses should develop the right type of BYOD … Continue reading “How and Why to Develop a Bring-Your-Own-Device Policy”
🖨 Print⏱ 4 min readTechnology has no doubt changed the traditional way of doing things. Businesses and professionals are left with no choice but to adopt new technology to remain relevant in a changing environment. However, the successful adoption of this new age in accounting can happen only if you prepare your staff in advance. … Continue reading “Technology Driven Accounting: How to Prepare Staff for a New Age in Accounting”
