Think your team is too unruly for a game or two? WRONG. Even the rowdiest crew can be tamed with the right activity. Team building exercises and games are perfect for businesses because they encourage communication, collaboration, and creativity. And not only will these activities help to improve team productivity, but they’ll also provide employees with
Month: November 2022
Kemal Yildirim | E+ | Getty Images You’ve got about a month left to make sure you get it right when it comes to mandatory withdrawals from retirement accounts. Required minimum distributions, or RMDs as they’re called, are annual amounts that must be withdrawn beginning in the year you reach age 72 — up from age
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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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
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
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
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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
Viktorcvetkovic | E+ | Getty Images A combination of high inflation and job openings may tempt some retirees into rejoining the workforce. But whether you’re thinking about going back part-time or full-time, if you’re already collecting Social Security retirement benefits, there are a few things you may want to know first. Social Security beneficiaries who
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
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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
The BlockFi website on Nov. 17, 2022. Gabby Jones/Bloomberg via Getty Images Crypto firm BlockFi filed for bankruptcy on Monday, the latest cryptocurrency domino to fall after the collapse of FTX two weeks ago threatened to destabilize companies in the broader crypto ecosystem. BlockFi offers a cryptocurrency trading exchange and interest-bearing custodial service for cryptocurrencies.
It is tempting to think of automation as one thing that will affect the whole business. What this overlooks, however, is that some functions adjust better to automation than others. While one area might be automated with little to no trouble, it may be more of a struggle for others, leading to an uneven tech
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