Article by Vicki Needham | Featured on thehill.com | Image Credit: TungCheung / Shutterstock.com Citibank will pay $700 million to 8.8 million consumers for illegal credit card practices as part of a settlement with a federal government watchdog. The Consumer Financial Protection Bureau (CFPB) said Tuesday that Citibank and its subsidiaries engaged in deceptive marketing […]
Great article about how to handle taxing food and lodging provided by your employer. Article by Alan D. Campbell, CPA, Ph.D., and Dena S. Mitchell, CPA on Journal of Accountancy Gross income generally includes the fair market value (FMV) of meals and lodging received from one’s employer. However, Sec. 119 allows an employee to exclude […]
Article by Ashlea Ebelling | Featured on Forbes | Featured Image by Rena Schild / Shutterstock.com Today’s historic Supreme Court decision, Obergefell v. Hodges, affirmed a constitutional right to same-sex marriage in all 50 states, opening up tax, estate planning and employee benefits opportunities for couples in the 13 states that have not permitted same-sex marriage. […]
NEW HAVEN – In the late 1980s, there was intense debate about the so-called productivity paradox – when massive investments in information technology (IT) were not delivering measureable productivity improvements. That paradox is now back, posing a problem for both the United States and China – one that may well come up in their annual […]
PARIS – In 1983, the American economist and Nobel laureate Wassily Leontief made what was then a startling prediction. Machines, he said, are likely to replace human labor much in the same way that the tractor replaced the horse. Today, with some 200 million people worldwide out of work – 30 million more than in […]
Original Article by Jeff Cox on CNBC American companies kicked off the summer with modest growth in hiring, sending nonfarm payrolls up 223,000 in June, according to Labor Department numbers released Thursday. In addition to the payroll growth, the unemployment rate ticked lower to 5.3 percent from 5.5 percent, due largely to a sharp decline […]
BURNSIDE 26 – IMAGE: Cameron Browne Why the Apartment Buildings You Hate Are Good For the City. They pop up seemingly overnight, multiplying faster than food carts on every street corner in the city. Just a whisper of them transforms normally mild-mannered Portlanders into fire-breathing Trotskyites. Politicians and economists can’t stomp them out. They make […]
Press Release: One of the longest days of the year, June 22nd, will now be known as National Radler Day, the most refreshing day of the year. Arguably the most thirst quenching and easy drinking beer style around, radlers are the ultimate playful and sessionable drink to kick off the summer.We’re asking breweries around the […]
Running a business was exciting at first. I felt the freedom of controlling my own destiny while working with my closest friends, daydreaming about the next big breakthrough and planning for the day that financial freedom would finally arrive. Unfortunately, I wasn’t prepared for the constant state of struggle and hardship that lay ahead. And as […]
LONDON – In 2011, the Nobel laureate economist Paul Krugman characterized conservative discourse on budget deficits in terms of “bond vigilantes” and the “confidence fairy.” Unless governments cut their deficits, the bond vigilantes will put the screws to them by forcing up interest rates. But if they do cut, the confidence fairy will reward them […]