Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. President Biden assures Americans that the banking system is safe amid Silicon Valley Bank collapse President Biden reassured Americans that their deposits in the banking system are safe and that his administration will take action to contain Silicon Valley Bank’s collapse. He explained how his administration will protect small… Read more
Many small business owners think they’re saving money by handling their financials themselves. While it’s a real asset to learn bookkeeping basics, cash flow management and your tax obligations, hiring an accountant to oversee your finances has many benefits. Leaving your books to a pro will free up time so you can focus on serving your clients and implementing plans for growth. Here are a few ways an accounting professional… Read more
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. China is booming as Zero Covid approach ends The Chinese economy is heating up, with manufacturing growing at its highest rate in a decade. The improvement is due to the widespread loosening of restrictions which brought millions of people back to work and bodes well for the world economy.… Read more
The start of the year is the perfect time to dust off last year’s business plan and set some new goals for the future. While some entrepreneurs love planning, others feel overwhelmed by the process. How do you decide on just a handful of goals that take priority, with so many moving parts that make up a business? These tips can help you get started brainstorming how your company can… Read more
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. The Fair Tax Act explained A group of House Republicans is supporting the Fair Tax Act, which would eliminate income, payroll, estate and gift taxes and replace them with a 23% national sales tax. However, it’s unlikely to make it through the Democrat-controlled Senate. No more free grocery deliveries… Read more
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. The government hits its debt ceiling The treasury secretary said the government would suspend debt issuance and investments into two government employee retirement funds until Congress acts. Microsoft throws its weight behind OpenAI Microsoft is making a multibillion-dollar investment in the artificial intelligence startup OpenAI, which makes ChatGPT, DALL-E… Read more
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. How will this recession be different from 2008? Economists predict a recession will arrive by the end of this year, but the downturn will likely play out much differently than it did in 2008. Leaders descend on Davos to talk about economics The World Economic Forum (WEF) returned to… Read more
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Layoffs ahead for Goldman Sachs According to a person familiar with the matter, Goldman Sachs will lay off as many as 3,200 employees this week. The bank has been hit by a slump in global activity. Investors weigh their chances against further rate hikes Money market bets are showing… Read more
Want to avoid paying more than you should come tax time? Or a frantic last minute search for missing financial records? New business owners have a lot on their plate, and can easily lose track of an approaching tax deadline or financial data needed to submit their return. Organization is key when preparing for tax time. As is taking advantage of the many tools and resources out there to support… Read more