According to the Federal Reserve Bank of St. Louis, collection agencies saw $16.28 billion in revenue in 2019. While revenues...
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Capitalizing Versus Expensing Research and Development
Based on statistics from the World Bank, the United States government spent 3.59 percent of its 2022 gross domestic product...
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How to Reduce the Burden of IRA Required Minimum Distributions
Required minimum distributions (RMDs) from traditional IRAs and 401(k)s often become a significant tax burden during retirement. As the percentage...
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Cashless Charitable Contributions
Not everyone can make large charitable contributions. But there are ways to be charitable without spending your discretionary income while...
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The Big Beautiful Bill, Rolling Back Public Television and Radio, and Regulating the Cryptocurrency Industry
One Big Beautiful Bill Act (HR 1) – Introduced by Rep. Jody Arrington (R-TX) on May 20, this bill passed...
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How Businesses Can Build Disinformation Resilience
The digital landscape has rapidly advanced, fueled by generative AI and other transformative technologies. Although this has come with great...
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Young Adults: Why Buy Life Insurance?
Young adults may not see much reason to purchase life insurance, especially if they have no dependents and/or a partner...
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7 Remote Jobs That Provide Training
If you’ve ever longed for a remote job but weren’t sure how to make it happen, then take note. Not...
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Understanding Depreciation Recapture
When it comes to businesses and asset depreciation, there are many types available, such as straight-line, units of production, double...
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How to Account for Debit Notes
With the global digital payments market expected to see north of $20 trillion in transaction value in 2025, according to...
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Restricted Stock Units: 5 Essential Tax and Financial Planning Strategies
Receiving restricted stock units (RSUs) may seem straightforward, but the tax and financial planning complexities can catch many employees off...
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Preventing AI Deepfakes, Deterring Fentanyl and Foreign Aggression, and Strengthening Small Businesses
HALT Fentanyl Act (S 331) – On Jan. 30, Sen. Bill Cassidy (R-LA) introduced this bipartisan act in order to...
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Addressing the Digital Divide within the Workforce
The rapid pace of technological change, particularly the integration of artificial intelligence (AI) in daily workflows, is reshaping the global...
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Job Shopping: What’s New in Company Benefits
If you are in the market for a new job or are interested in extracting more value from your current...
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6 Reasons for Mid-Year Tax Planning
Right smack dab in the middle of summer might seem like the worst time to think about your taxes, but...
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One Big Beautiful Bill Act: Part 2 – What the New Tax Law Means for Your Business
Part 2In this second part of our two-part series on the One Big Beautiful Bill Act (OBBBA), we examine the...
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One Big Beautiful Bill Act: Part 1 – What the New Tax Law Means for You
Part 1The One Big Beautiful Bill Act (OBBBA) passed the House on July 3 and was signed into law by...
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Examining Differences Between Liquidity And Solvency
Liquidity looks at how well a company can handle paying wages, inventory, and lending repayments via measuring its cash or...
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Dissecting Working Capital
Working capital is the difference between a business' current assets and liabilities. Negative working capital can happen when a business'...
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Navigating Worker Classification: The Critical Difference Between Employees and Independent Contractors
Running a small business often means working with a mix of people: some full-time staff, part-time helpers, seasonal workers or...
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