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Month: November 2022
Americans are increasingly finding alternative ways to satisfy their holiday wish lists as they continue to grapple with high prices and inflation. In many cases, that means opting for flexible payment plans. On Black Friday through Cyber Monday, buy now, pay later payments through companies such as Klarna, Zip, Zilch, Affirm and Afterpay jumped 85% compared with
Decimal, a fintech company that handles bookkeeping and accounting operations for small and midsized businesses, has acquired the KPMG Spark cloud-based bookkeeping service and related assets from KPMG LLP. The acquisition expands Decimal’s services and products for small businesses while adding key talent to its team. Through the acquisition, Decimal will be able to provide
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Wondering what’s changed in the tax world from last year? We put together the top six 2022 federal tax changes that taxpayers like you should know about before filing your income tax return in 2023. Tax year 2021 saw major tax changes due to the coronavirus pandemic, but many of those changes went away in
Consumers experience the pernicious effects of inflation every time they shop. And, in a vicious cycle, a forthcoming change in the federal tax code means that inflation will drive up the cost of the very business investments that can boost supply and start bending the cost curve down. Through inaction, states will follow suit—but they
Source: Getty Images After a volatile year for the stock and bond markets, it may be time to rebalance your portfolio by shifting assets back to match your original goals, according to experts. As of Nov. 28, the S&P 500 Index was down roughly 17% year-to-date, and the U.S. bond market has dropped by around
The gift of finances; scaling a firm; new blog on the block; and other highlights from our favorite tax bloggers. We have questions John R. Dundon II EA (https://www.johnrdundon.com/): What to remind them about the Kiddie Tax — with one of our fav passages of the week: “One particular taxpayer with an egregiously privileged reprobate child
If you buy something through our links, we may earn money from our affiliate partners. Learn more. Desk blotters, pads, or mats – whatever you call them – help you stay organized and tidy by providing a dedicated space for your keyboard, mouse, laptop, and any loose paper or notebooks. Besides, the best desk blotters
JEPI & DIVO use option strategies to generate juicy income & lower volatility. Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Consumers spent a record $9.12 billion online shopping during Black Friday and another record $11.3 billion on Cyber Monday, according to the most recent data from Adobe. So far this November, consumers have spent $107.7 billion online overall, up nearly 10% from last year. Yet roughly 60% of Americans were living paycheck to paycheck heading into the month. “Shoppers
As part of our annual Top 100 Most Influential People in Accounting list, Accounting Today asks candidates to name who they think are the most influential people in the field, and here they are, ranked by the number of votes they received from the 127 candidates. The top 12 are listed below, and you can
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“Tax fairness” has been a lingering theme in European Union policy circles since the 2008 financial crisis. Over time, the meaning of “tax fairness” has expanded from combatting tax fraud and avoidance to promoting a certain vision of broader economic fairness. This vision has been primarily focused on taking from wealthy citizens and large corporations and giving
It is thought the new U.K. government’s mini-budget may have made buying a house even more difficult. Photo by LanaStock via Getty Images Crypto firm BlockFi on Monday filed for Chapter 11 bankruptcy, two weeks after the collapse of crypto exchange FTX, further complicating taxes for investors during a difficult year. BlockFi, which offers an
Details: BST & Co. CPAs LLP added O’Connor & O’Connor CPAs, an accounting firm in Albany, New York, that has served clients in New York State’s Capital region and beyond for over 50 years. O’Connor & O’Connor CPAs offers accounting, financial and tax services to businesses and nonprofits. The team includes four CPAs and administrative
When one of your early employees decides to quit your new business venture, there are a lot of emotions to process and decisions to make. Depending on the size of your company, you might be scrambling to find someone to pick up their responsibilities — or worse, end up having to add more tasks to
A Growth Stock With a Favorable Zacks Rank and a Retailer With Omnichannel Operations. Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Jose Luis Pelaez Inc | Digitalvision | Getty Images In between eating leftover turkey and hunting for bargains amid holiday sales, be sure to review your Medicare coverage, if you haven’t already. The program’s annual open enrollment period, which began Oct. 15 and ends Dec. 7, is when you can make changes, which will take
It is tempting to think of automation as one thing that will affect the whole business. What this overlooks, however, is that some functions take better to automation than others, and so while one area might be automated with little to no trouble, it may be more of a struggle for others, leading to an
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