🖨 Print⏱ 5 min readThese days, people who live to age 65 can expect to live at least another 20 years. That means many are likely to require some form of assisted caregiving. According to aging experts, the following guidelines describe characteristics of those most likely to need long-term care: Age – Risk increases as … Continue reading “Elderly Caregiver Facts and Figures”
🖨 Print⏱ 3 min readWhen it comes to figuring out a company’s net profit margin, this calculation gives a business and its financial officers a much better picture of the company’s profitability. Defining Net Profit Margin Net profit margin determines the percentage of revenue that ends up as profit after expenses are accounted for. Represented … Continue reading “How to Determine a Business’ Health by its Net Profit Margin”
🖨 Print⏱ 4 min readIn 2018 when President Trump and the Republican Congress rewrote the tax code, everyone knew there would be winners and losers. Exactly how this will play out is just starting to be seen – it closes loopholes while opening others and takes away some perks while creating new ones. Let’s see … Continue reading “Winners and Losers of the Tax Bill”
🖨 Print⏱ 4 min readConsolidated Appropriations Act, 2019 (H.J.Res. 31) – This is the budget appropriations bill that was finally agreed upon in order to avoid a second government shutdown in February. The bill authorizes funding for government agencies through the end of the fiscal year (Sept. 30, 2019). Among its hundreds of provisions, the … Continue reading “A Final Budget Bill, Military Support in the Middle East and Campaign Finance Reform”
🖨 Print⏱ 3 min readThe 2019 Consumer Electronics annual tech convention in Las Vegas showcased popular new options for business owners looking to boost employee productivity. Check out some of this year’s favorites. Laptops Dell Latitude 7400 2-in-1 The new Dell Latitude includes two innovative security features – a fingerprint reader and a contactless smart … Continue reading “New Electronic Business Tools For 2019”
🖨 Print⏱ 3 min readGetting a tax refund is always a great feeling. But what should you do with it? While the first thing you might be tempted to do is spend it on a splurge for yourself, here are a few other things you might want to consider. Start an Emergency Fund. If you … Continue reading “8 Good Things to do with Your Tax Refund”
🖨 Print⏱ 3 min readOver a 10-day period in December 2018, the Dow Jones Industrial Average (DJIA) dropped by more than 350 points six different times. It then experienced its largest increase on record – a 1,000-point gain in one day. This dramatic volatility fueled speculation that we are on track for a long overdue … Continue reading “8 Strategies To Reduce Market Exposure”
🖨 Print⏱ 3 min readWhen it comes to making cash flow projections, we’re all aware that it’s not an exact science. One of the main difficulties about accurately projecting cash flow has to do with timing. Examples include factoring in overhead such as payroll; lease or tax payments on the building; using credit to make … Continue reading “How to Create Cash Flow Projections and Profit & Loss Statements”
🖨 Print⏱ 4 min readWith the sweeping new tax legislation in 2018 capturing everyone’s attention, other changes have taken a back seat. There were several Tax Court cases in 2018 that rendered important decisions impacting how things work – one of which was Povolny Group, Inc. v. Commissioner, T.C. Memo 2018-37. The Povolny Group decision centers … Continue reading “When Is A Loan Not A Loan?”
🖨 Print⏱ 4 min readGovernment Employee Fair Treatment Act of 2019 (S. 24) – This bill was introduced by Sen. Ben Cardin (D-MD) on Jan. 3 and signed into law on Jan. 19. It requires federal employees who are furloughed or working without pay to be compensated for the time of the government shutdown. Workers … Continue reading “Reimbursing Unpaid Federal Workers, Fact-Based Policy Making and Fighting Human Trafficking”