Month: July 2022

Nirunya Juntoomma | Istock | Getty Images It’s no secret that households with sufficient emergency savings are more the exception than the norm. Two proposals in the Senate aim to change that. And, experts say, tackling the problem could lend itself to workers saving more for their golden years. “One of the best ways to
0 Comments
If you buy something through our links, we may earn money from our affiliate partners. Learn more. Every day every one negotiates knowingly or unknowingly. In politics, negotiation is the instrument that settles terms of agreements and disputes between parties. In everyday life, it can facilitate arguments within the household and among the neighbors. And
0 Comments
Because of astronomical costs of care and support — often more than $100,000 per year — most individuals with disabilities will need government assistance such as Supplemental Security Income and Medicaid. However, they must shelter their assets carefully to not be disqualified from these programs. That’s where special needs trusts and ABLE accounts come in.
0 Comments
The American Institute of CPAs, New York, named the recipients of its 2022 Effective Learning Strategies Awards: Kimberly Young of Greenville Technical College in South Carolina, received the George Krull/Grant Thornton Teaching Innovation Award, and Perry Moore of Lipscomb University received the Mark Chain/Federation of Schools of Accountancy Teaching Innovation Award. KPMG, New York, released
0 Comments
Getting a job after graduation isn’t a given. While the labor market is strong and college grads are still more employable — and earn more — than their high-school counterparts, the choice of major, and degree, goes a long way toward determining how hirable you will be. A bachelor’s degree in mathematics gives students the
0 Comments
July is Disability Pride Month, commemorating the landmark Americans with Disabilities Act of 1990. In the 32 years that have followed, we have seen the federal government continue to take steps to aid those with disabilities and protect them from discrimination. Many people with disabilities, however, have felt the negative effects of the pandemic disproportionately
0 Comments
As the reality of a second quarter of negative economic growth settles in Washington, the Congressional Budget Office (CBO) released its own sobering report on the government’s long-term finances. The CBO long-term budget outlook report shows widening deficits over the next three decades as both federal spending and tax revenues are expected to rise above
0 Comments
FatCamera | E+ | Getty Images As individuals and families grapple with surging prices, there’s one category that has a history of rising faster than inflation: prescription drugs. Now, the new Senate reconciliation bill put forward by Senate Majority Leader Chuck Schumer, D-N.Y., and Sen. Joe Manchin, D-W.Va., aims to help give Americans relief from
0 Comments
With the economy posting two consecutive quarters of declining gross domestic product numbers, recession worries have deepened, and firms are counseling their clients about how to cope with surging inflation, labor shortages and tight supply chains. EY Americas Consulting vice chair Raj Sharma, a 25-year veteran of commercial and financial services, is advising his clients
0 Comments
The organization aiming to set worldwide climate reporting requirements for decades to come is under fire for putting corporate interests ahead of the planet’s. In coming months, the International Sustainability Standards Board will publish rules for companies to disclose the growing financial risks they face from climate change, environmental degradation and social inequality. This rulebook
0 Comments
The ratings for best and worst airlines are constantly evolving. First came the pandemic, then spiking oil costs, like a fabled one-two punch to the airline industry domestically and worldwide. The airline industry struggled to keep full staff, with shortages of pilots, inflight crew members, gate staff and baggage handlers. Shortages in all those categories
0 Comments
Americans want to know: Is this a recession or not? Officially, the National Bureau of Economic Research defines recession as “a significant decline in economic activity that is spread across the economy and lasts more than a few months.” In fact, the latest quarterly gross domestic product report, which tracks the overall health of the economy, showed
0 Comments
The American Institute of CPAs named the recipients of the 2022 Effective Learning Strategies Awards to college and university educators, and also honored four other professors for excellence in teaching, literature and advancing the profession. The winners of the 2022 Bea Sanders/AICPA Teaching Innovation Award for innovative teaching in the first accounting sequence (first- and
0 Comments