🖨 Print⏱ 4 min readIn a continuously changing business environment, small businesses have a challenge to keep up. It’s especially expensive to keep pace with ever changing technology. Luckily, with affordable cloud accounting solutions, small businesses can maintain a competitive edge. What is Cloud Accounting Cloud accounting involves moving your business books online. Unlike desktop … Continue reading “How Cloud Accounting Helps Small Businesses Gain Competitive Edge”
🖨 Print⏱ 3 min readNearly one year after the COIVD-19 pandemic-driven shut-downs began the shutter the economy, Democrats pushed through another $1.9 trillion stimulus package by narrow margins, with the President set to sign the bill. The legislation is one of President Biden’s first major achievements and contains numerous provisions that impact millions of Americans. … Continue reading “Latest Stimulus Bill Provides More Relief for Americans and the Economy”
🖨 Print⏱ 4 min readThe Tax Reform Act of 1984 enacted a provision that commercial leases need to be tested under Internal Revenue Code section 467. The intent of section 467 is to prevent tax sheltering of income that could arise due to differences between cash and accrual basis income taxpayers by placing both the … Continue reading “The Return of Section 467 Rental Agreements”
🖨 Print⏱ 3 min readGood tax professionals ask the right questions to ensure they understand your situation and can help you to the best extent the law allows. Given the host of pandemic-related tax changes for 2020, it’s good to keep these four questions below in mind. If your tax preparer doesn’t ask these questions … Continue reading “Four Essential Questions You Should Ask Your Tax Professional This Season Related to COVID-19”
🖨 Print⏱ 4 min readAccording to the National Bureau of Economic Research, in late spring of 2020 about half of American workers were working from home. Not surprisingly, many researchers believe that this pattern will continue after the pandemic is over. With this in mind, SmartAsset has examined the best cities to work from home … Continue reading “5 Cities Rank as Ideal Locations for Remote Workers”
🖨 Print⏱ 4 min readNow that the Keystone XL pipeline is being shut down and southern parts of the United States are experiencing extremely cold weather, how will increasing oil prices impact the economy as the COVID-19 vaccine is being rolled out? With West Texas Intermediate (WTI) crude closing at $58.22 per barrel on Feb. … Continue reading “How Will Surging Oil Prices Impact the Economy in 2021?”
🖨 Print⏱ 4 min readIf someone you know died from COVID-19 and had an existing life insurance policy, there should be no problem receiving the death benefit. The terms of a life insurance contract cannot be changed after purchase, so anyone with a policy before the pandemic will continue to be covered as long as … Continue reading “The Impact of COVID on Life Insurance”
🖨 Print⏱ 3 min readTo provide for an exception to a limitation against appointment of persons as Secretary of Defense within seven years of relief from active duty as a regular commissioned officer of the Armed Forces (HR 35) – Prior to passage of this bill, a former service member could not be appointed as … Continue reading “Securing Jobs for Cabinet and Congress Members, Inspector Generals, and Apprentices – and Honoring Capitol Police Officer Eugene Goodman”
🖨 Print⏱ 3 min readAs businesses attempt to work their way through to a post-pandemic world, there are various means to bridge the financial gap. As recommended by the U.S. Small Business Administration (SBA), some companies can use a line of credit to reach international customers or opportunities outside the United States to make up … Continue reading “Some Businesses Rely on Line of Credit to Escape Damages Caused by Pandemic”
🖨 Print⏱ 4 min readWhen a business moves its services online, it runs the risk of losing the close connection it had with customers. This affects customer loyalty and sometimes means lost revenue. Thanks to technology, some businesses have deployed artificial intelligence (AI) chatbots to keep customers engaged in a two-way conversation. What is an … Continue reading “How AI Chatbots are Transforming Businesses”
