🖨 Print⏱ 4 min readThe holiday season is when most people go on shopping sprees and travel. This season also witnesses a surge in online activities in today’s digital world. Unfortunately, cybercriminals take advantage of this period to launch attacks. Therefore, cybersecurity should be the top priority for a business gearing up for peak sales … Continue reading “Cybersecurity Best Practices for the Holiday Season”
🖨 Print⏱ 3 min readThe coming shakeup of the executive branch, along with Republican control of both houses of Congress, means tax changes are highly likely in 2025 and beyond. Positioning for new and amended tax provisions is already off to the races. Regardless of the political landscape, on rare occasions, some measures have broad … Continue reading “Energy Tax Credit Changes For 2025”
🖨 Print⏱ 2 min read According to estimates, inflation adjustments to the Internal Revenue Code are expected to yield increases of 2.8 percent compared to 2024 amounts. This means wider tax brackets and increased exemptions, among other things. With the U.S. Bureau of Labor Statistics consumer price index (CPI) moderating, this increase is about 50 … Continue reading “2025 Federal Income Tax Brackets”
🖨 Print⏱ 5 min readStep 6: Looking to Legacy Planning to Address Future Needs of Family How do you want to be remembered? People often view their legacy as a way of disseminating assets to charitable venues to be remembered as passionate and generous supporters. That is one aspect of a legacy. But perhaps the … Continue reading “Pre-Retirement Planning Guide – Legacy Planning”
🖨 Print⏱ 4 min readSocial media has evolved from a simple networking platform to a powerful business tool. Businesses today use these platforms with billions of active users worldwide to connect with their target audience. Social media allows businesses of all sizes to reach audiences in a way that traditional advertising, such as print or … Continue reading “Social Media Marketing: A Game-Changer for Business Growth”
🖨 Print⏱ 3 min readEnhanced Presidential Security Act of 2024 (HR 9106) – During an election year, the Department of Homeland Security identifies major presidential and vice-presidential candidates in consultation with a committee of congressional leaders. This bipartisan bill instructs the U.S. Secret Service to use the same criteria for establishing the level of protection … Continue reading “Protections for Election Candidates and the Electoral Process; Improving Programs for Veterans and American Indians”
🖨 Print⏱ 3 min readLooking at accounting and journal entry considerations, if accounts receivables are debited and revenue is credited, it can be interpreted as the business recognizing revenue without the customer paying. As such, the U.S. Securities and Exchange Commission (SEC) sees the potential for intentional manipulation of earnings. It is important to review … Continue reading “Breaking Down Bill-and-Hold Arrangements”
🖨 Print⏱ 3 min readThis metric, which is also referred to as the cash cycle or the net operating cycle, looks at the time a business takes to recover its investment in inventory to eventually sell. The process starts from selling its goods, collecting on outstanding receivables or invoices, and satisfying its operating costs with … Continue reading “Cash Conversion Cycle (CCC) Defined”
🖨 Print⏱ 4 min readIt’s that time of year again. Halloween has just come and gone – and now we’re hurtling headlong into Thanksgiving and Christmas. For holiday shopping, it’s tempting to turn a blind eye and put everything on your credit cards. However, if you don’t want to have a financial hangover in January, … Continue reading “5 Tips to Keep End-of-Year Spending Under Control”
🖨 Print⏱ 4 min readAs technology evolves, so have data breaches, which have become a significant threat to businesses of all sizes. We frequently hear reports of high-profile attacks on major organizations, global corporations, and even government agencies. Emerging technologies such as generative artificial intelligence and machine learning make cybersecurity more challenging. They enable cybercriminals … Continue reading “Zero Trust Security Models: The New Standard Against Data Breaches?”