As he prepares to leave office at the end of the year, Securities and Exchange Commission Chairman Jay Clayton said one of his biggest achievements has been leveling the playing field for smaller investors. An example, he said, has been the commission’s efforts to make sure the retail crowd has had equal access to private […]
Archives for November 2020
Here’s how delaying college may impact your future earnings
As the coronavirus crisis forces schools to operate remotely, a growing number of would-be college students are opting out entirely. Such a move can have a big impact on future earnings. Overall, undergraduate enrollment fell 4% this year, according to data from National Student Clearinghouse Research Center, with incoming freshmen accounting for the biggest drop, sinking […]
Small-cap funds with the best 10-year returns
Similar to large-caps, funds tracking smaller companies found success over the past decade in growth stocks. The 20 top-performing small-cap funds of the last 10 years recorded an average return of 16.11%, Morningstar Direct data show. This year, the same funds notched an average gain of more than 35%. “There’s no surprise that all of […]
Can a Small Business Get a Tax Refund? Yes, No, Maybe So?
As an individual, you’ve probably received (or have at least dreamed about receiving) a tax refund before. If you have, you’ve probably wondered at some point, Can a small business get a tax refund? Well, wonder no more. That’s where we come in to help. Can a small business get a tax refund? Factors to […]
This is the part where you and I step up and become heroes.
Hey everyone! I wanted to do something really special in terms of the book signing, rather than just generically stamping a signature on each copy. I wanted to be able to personally sign each book that comes in to me. But it’s a lot of work and logistically not easy, because I can’t exactly show […]
FCA to raise fees for new firms
The Financial Conduct Authority is set to increase fees paid by new businesses seeking authorisation, according to its latest consultation paper. In a paper published this morning, the FCA said that increasing the fees would act as a barrier to market entry and would help “redress the balance of cost recovery” away from existing fee-payers. […]
Kitces & Carl Ep 47: Getting Data Gathering Back On Track When Clients Drag Their Feet
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Letters signed by AICPA raise concerns about PPP Loan Necessity Questionnaires
The AICPA is among 82 organizations that have signed onto a pair of letters expressing concerns about the new Paycheck Protection Program Loan Necessity Questionnaires, which require PPP borrowers with loans of $2 million or more to complete a new form and provide extensive documentation supporting their request for relief funds. In the two letters, […]
One in a million: Cecile Boulter of Xero
To celebrate reaching the milestone of supporting one million subscribers across Australia – the Xero team is turning a spotlight on some of the people who’ve made it all possible. From our earliest customers and advisors to the employees and app partners who’ve been there along the journey, we explore how they too have evolved […]
Businesses reassess leases and accounting amid coronavirus – Accounting Today
Nearly one-third of companies are reducing their overall real estate footprint as a result of the COVID-19 pandemic, with 31 percent of companies renegotiating leases for more favorable terms, according to a new report. The report, released Tuesday by LeaseQuery, a provider of lease-accounting software, found that finance leaders cited exit clauses (35 percent) and […]