Georgia Gov. Brian Kemp praised the Augusta National Golf Club for not caving to the political pressures that have befallen the state recently. “I personally applaud the Masters for not getting involved in politics,” Kemp told CNBC’s Seema Mody in an interview that aired Friday, noting there are “growing calls by activists that are trying […]
Archives for April 2021
A State Lockdown Accounting – The Wall Street Journal
If the 2008 financial panic became the Great Recession, let’s call the last year the Great Lockdown. As the U.S. economy reopens more fully, comparative data is emerging about the 50 states that illuminate how much of the economic harm was self-inflicted. The Bureau of Economic Analysis (BEA) recently published state personal income and GDP […]
Best advisor pay for the $600K producer
Breaking down advisor compensation plans can be daunting business.. But it’s a crucial component when figuring out which firm offers the best pay package and determining whether an advisor’s practice aligns with a company’s vision. “Compensation design should reinforce and accelerate strategic business initiatives,” says compensation consultant Andy Tasnady. To help FAs make sense of […]
Accounting and audit challenges to watch – Journal of Accountancy
Sponsored by Sage Intacct Organizations and markets are eager for a return to a less volatile time. The COVID-19 pandemic has brought new issues in applying existing accounting and audit guidance, and new or proposed standards could make significant changes in current practice. This free report looks at some of the accounting and audit issues […]
Here’s how COVID lockdown helped millennials save, and even pay off student loans
I wasn’t thinking about my student loans a year ago. In April, 2020, I was thinking about the wailing sirens from ambulances speeding past my apartment day and night, an endless reminder of COVID-19, which has since killed more than 500,000 people in the U.S. and nearly 3 million worldwide. I was thinking about my […]
Weekend Reading for Financial Planners (Apr 10-11)
Executive Summary Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with a look at President Biden’s newly proposed infrastructure plan, which may inject as much as $2.3T into the economy to tackle long-standing infrastructure projects that have long had bipartisan support… but still faces criticism from both […]
How a secretive family stash could pay one of the world’s biggest tax bills
When Lee Kun-hee was assembling one of the world’s biggest privately owned art collections, little did he know that it would become embroiled in his family’s tax woes. The trove includes a portrait of Dora Maar by Pablo Picasso, one of Claude Monet’s water lilies paintings and thousands of other works that together are estimated […]
Slippin’
[embedded content] Rest in peace Earl Simmons 😢
Mitigating risk: Basic measures to prevent DDoS attacks in 2021
Distributed Denial of Service (DDoS) attacks are getting more and more vicious each day, hurting business targets both financially and reputationally. These attacks work by overloading a web server with requests and causing hours, even days, of downtime and inevitable frustration. As technology evolves, says Seth Robinson, CompTIA senior director, technology analysis, so do DDoS tactics. Therefore, they are […]
What is a Profit Sharing Plan?
Profit sharing plans, also known as employer discretionary contributions, are commonly confused with a variety of other employer-provided benefits, such as 401k plans. However, they are significantly different! As a small to mid-sized business seeking to create a reputable workplace for employees, learning the ins and outs of profit sharing plans is beneficial when deciding […]