Depreciation is an accounting process where the cost of an asset is accounted for and expensed over its useful life. It shows how the value of the asset decreases over...
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The latest industry news, calculators, tax refund links, tax filing dates, life events articles, and a cartoon of the month. (Dynamic Post Sample)
When Should You Switch Your Side Hustle to a Business Entity Structure?
Starting a side hustle today is easier than ever. Between the numerous websites that act as marketplaces and project jobs that can be found on the internet, almost anyone can...
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Protecting TV Viewers, Whistleblowers and Supreme Court Justices; New Status Provisions for Immigrant Workers; and OTC Drugs
Reauthorizing Security for Supreme Court Justices Act of 2019 (HR 4258) – This bill reauthorizes the Marshal of the Supreme Court and the Supreme Court Police to protect the Justices...
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Key Technology Trends in Accounting to Watch Out For in 2020
Technology advances continue to reshape industries and businesses – and the accounting industry is no exception. So far, a lot of repetitive tasks are performed with the help of advanced...
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4 Financial New Years Resolutions You Can Actually Keep
Believe it or not, it’s 2020. You’re not just starting a new year, you’re entering a new decade. With this in mind, you might want to make some resolutions that...
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Economic Correlation: Cyclical and Non-Cyclical Stocks
A rising tide might lift all boats, but the same cannot be said for the economy.When the U.S. experiences robust economic growth, certain sectors of the stock market tend to...
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How Will Oil Prices Fare in 2020 With Global Events?
When it comes to 2020 and energy prices, the world's energy market will face many known and unknown variables. How and what types of events that will ultimately play out...
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How to Calculate and Analyze Return on Equity
When it comes to evaluating a business, especially one that is publicly traded, determining its return on equity (ROE) is one way to see how it’s performing.What is Return on...
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2020 Tax Brackets, Deductions, Plus More
Beginning on Jan. 1, 2020, the Internal Revenue Service (IRS) has new annual inflation adjustments for tax rates, brackets, deductions and retirement contribution limits. Note, the amounts below do not impact...
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