What to Expect and How to Prepare for a Recession
Category Archives: Blog
What to Expect and How to Prepare for a Recession
🖨 Print⏱ 5 min readEconomists generally determine that the country has fallen into a recession after two consecutive quarters of negative gross domestic product (GDP) growth. Since 1967, the United States has experienced seven recessions. The thing is, predicting a … Continue reading
How to Stay Safe with Business Email Compromise on the Rise
🖨 Print⏱ 4 min readAccording to a report by the Financial Crimes Enforcement Network (FinCEN) released in July, financial institutions have incurred more than $9 billion in losses due to Business Email Compromise (BEC) schemes since 2016. With such staggering … Continue reading
How Parents Can Save Money for College-Bound Kids
🖨 Print⏱ 4 min readNo matter how old your children are, it’s always a good idea to start saving for college as soon as possible. (Yes, even when they’re still in diapers.) This might sound overwhelming, especially if you haven’t … Continue reading
When Full Costing Accounting Makes Sense
🖨 Print⏱ 3 min readWith more than 1.4 million accounting jobs in 2018, according to the Bureau of Labor Statistics, there are many different uses for accountants and their skills. With the need for accuracy and transparency in private and … Continue reading
Debt Relief for Military Service Members, Veterans, Family Farmers and Small Business Owners
🖨 Print⏱ 3 min readSmall Business Reorganization Act of 2019 (HR 3311) – Scheduled to take effect starting in February 2020, this new law offers small businesses more agreeable terms when filing for Chapter 11 bankruptcy status. The bill gives … Continue reading
How to Get the IRS to Pre-Approve Your Taxes
🖨 Print⏱ 4 min readIt might seem odd, but it is possible to get the IRS to give you a straight-forward and binding answer to ambiguous tax positions in advance. How does this happen, you ask? The answer is through … Continue reading
How to Inflation-Proof a Retirement Portfolio
🖨 Print⏱ 4 min readStatistics indicate that the average life expectancy is longer than it used to be, but empirically we see this every day among elderly people who have lived much longer than they probably expected. This phenomenon spotlights … Continue reading