How Will Oil Prices Fare in 2020 With Global Events?
When it comes to 2020 and energy prices, the world's energy market will face many known and unknown variables. How…
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How to Calculate and Analyze Return on Equity
When it comes to evaluating a business, especially one that is publicly traded, determining its return on equity (ROE) is…
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2020 Tax Brackets, Deductions, Plus More
Beginning on Jan. 1, 2020, the Internal Revenue Service (IRS) has new annual inflation adjustments for tax rates, brackets, deductions and…
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Hanging Flags, Awarding Geniuses, Supporting Hong Kong Protestors and Criminalizing Animal Cruelty
National POW/MIA Flag Act (S 693) – This bill amended title 36 of the United States Code to Hanging Flags,…
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What is Splinternet and Why You Should Care
Eric Schmidt, former Google CEO, made a prediction in September 2018 that the internet will split in two – one…
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Practicing Gratitude: A Look Back at 2019
It may be hard to believe, but the end of the year is upon us. During this time, many of…
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Gross Domestic Product: A Primer
The economic indicator known as Gross Domestic Product (GDP) represents the dollar value of all purchased goods and services over…
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What Would a Phase One Deal with China Encompass?
The so-called phase one of a trade deal with China is expected to contain a provision for $40 billion to…
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Furniture, Fixtures and Equipment – and Depreciation
When it comes to determining depreciation for Furniture, Fixtures and Equipment (FF&E), there are many considerations that exist for accountants…
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How to Defer, Avoid Paying Capital Gains Tax on Stock Sales
The markets are hitting all-time highs, so if you are thinking of selling stocks now or in the near future,…
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Fighting Foreign Terrorism on Homeland Soil, Increased Protections for Clean Water and Low-Income Veterans, and New Appropriations for FY2020
This bill promotes the identification and determent of terrorist activity from reaching the homeland, and enhances the United States government’s…
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How to Stay Safe with Business Email Compromise on the Rise
According to a report by the Financial Crimes Enforcement Network (FinCEN) released in July, financial institutions have incurred more than…
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5 Ways to Save on Holiday Gifting
Believe it or not, the holidays are right around the corner. And try as you might, overspending is real –…
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What to Expect and How to Prepare for a Recession
Economists generally determine that the country has fallen into a recession after two consecutive quarters of negative gross domestic product…
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How Will Ongoing China Trade Tensions Tensions Impact Consumer Spending?
According to the U.S. Department of Commerce and the U.S. Census Bureau, retail sales came in at a negative 0.3…
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LIFO Versus FIFO and How Each Method Values Inventory
As the name implies, First-In, First-Out (FIFO) is a way for companies to value their inventory. The first items put…
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Tax Changes 2019
With the start of the fourth quarter of 2019 underway, it's time to see what the Internal Revenue Service (IRS)…
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Debt Relief for Military Service Members, Veterans, Family Farmers and Small Business Owners
Small Business Reorganization Act of 2019 (HR 3311) – Scheduled to take effect starting in February 2020, this new law…
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What is VPN and Why Do You Need It?
The rise in the number of data breaches reported every other day has become a major concern – even to…
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How Parents Can Save Money for College-Bound Kids
No matter how old your children are, it’s always a good idea to start saving for college as soon as…
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