Nick Kokonas, co-owner and co-founder of the Alinea Group and Tock Inc., speaks during the Bloomberg Year Ahead in Luxury summit in New York, on Thursday, Nov. 29, 2018. Mark Kauzlarich | Bloomberg via Getty Images As co-owner of the priciest eatery in Chicago and CEO of an internet start-up focused on restaurant reservations, Nick […]

7 months ago · 1 hour 11 min watch SECTION EXCLUSIVE Slides From its late February high to late March low, the Dow Jones Industrial Average (DJIA) lost one-third of its value. Since then, the market has been defined by uncertainty. Interest rates plummeted, and volatility reached financial crisis levels. Moreover, oil prices declined to […]

Whilst you have time to spare and are looking to reduce your overheads now would be the time to look at the charges for taking payments by card.  You will be paying fees to offer your customers this service and every merchant services provider will charge differently. How often do you look at the statement […]

New York Governor Andrew Cuomo shows a face mask at a daily briefing at North Shore University Hospital, during the outbreak of the coronavirus disease (COVID-19) in Manhasset, New York, U.S., May 6, 2020. Brendan McDermid | Reuters New York Gov. Andrew Cuomo said on Sunday that the number of new daily Covid-19 hospitalizations had […]

It’s human nature to put off complicated or difficult tasks. It’s also tough to get and stay focused when there’s a lot on your mind. You may find the new unknowns of life during the COVID-19 pandemic is adding to your stress. And, it’s ok to admit if working from home, while beneficial in many […]

Members of the Massachusetts Army National Guard distribute free milk, offered instead of dairy farmers throwing away excess milk due to lower demand amid the coronavirus disease (COVID-19) outbreak, in Boston, Massachusetts, U.S., May 7, 2020. Brian Snyder | Reuters Here’s a brief recap of the week.  The unemployment rate rose to levels unseen since […]

News Estates, Trusts & Gifts By Sally P. Schreiber, J.D. {:else} {timeSince} {/if} {@if cond=”{isCGMA}”} {:else} {/if} {/.} The IRS on Thursday issued proposed regulations (REG-113295-18) to clarify that certain deductions are allowed to an estate or nongrantor trust because they are not miscellaneous itemized deductions. According to the proposed rules, which formally adopt guidance […]

Some of your business owner clients may be worried about their business with everything that is happening. As a CPA financial planner, be the trusted adviser your clients are looking for by listening and guiding clients who might be considering bankruptcy. Learn from experts Bob Keebler and Ken DeGraw in this PFP podcast episode and […]

The AICPA on Thursday made a broad range of legislative recommendations to encourage economic recovery in the wake of the COVID-19 pandemic. In a letter from Christopher Hesse, CPA, chair of the AICPA Tax Executive Committee, to the chairs and ranking members of Congress’s tax-writing committees, the AICPA says the pandemic has “highlighted the antiquated […]

Michael Flynn, former U.S. national security adviser, exits federal court in Washington, D.C., on Monday, June 24, 2019. Andrew Harrer | Bloomberg | Getty Images A top prosecutor removed himself Thursday from the criminal case against former national security advisor Michael Flynn, as well as from at least two other court cases involving Flynn. The […]