Getty Images When it came to biomedical breakthroughs, this past decade represented a lot more hype than substance. We were promised a new era of “precision medicine,” where every patient would receive highly personalized treatments to target specifics fault in their genes. But in recent months, reports surfaced that these experimental therapies were failing most […]
Podcast: Use it or lose it: IRS issues final regulations on clawbacks
In T.D. 9884, the IRS finalized proposed regulations issued in November 2018 (REG-106706-18), amending Regs. Sec. 20.2010-1 to conform with the temporary increase in the basic exclusion amount for estate and gift tax enacted by the Tax Cuts and Jobs Act. In this episode, Bob Keebler, CPA/PFS will discuss practical knowledge that will help best […]
Russia claims its new hypersonic weapon is ready for war
Russian President Vladimir Putin smiles during a joint press conference with Italian Prime Minister Paolo Gentiloni following their meeting at the Bocharov Ruchei state residence in Sochi, Russia, May 17, 2017. Yuri Kadobnov | Reuters WASHINGTON — Russia’s defense minister on Friday declared a new hypersonic weapon, which is said to be capable of striking […]
Bookkeeping Tasks For Every Time Of The Year
The new year is almost here. It is time for your year-end bookkeeping but also to start planning for the next year.
‘Home Alone 2’ TV version was edited years before Trump’s election, CBC says after right-wing outrage
Donald Trump in Home Alone 2 Source: YouTube The Canadian Broadcasting Corp. said Thursday that a TV version of the Christmas movie “Home Alone 2: Lost in New York,” which erased a cameo from President Donald Trump, was edited years before Trump became president. The Trump-free version of the 1992 film, which aired on the […]
Colin Kaepernick’s new Nike shoe sells out on the first day
Force 1 x Colin Kaepernick shoe. Nike Nike’s new “True to 7” shoe with former NFL quarterback Colin Kaepernick has already sold out on the first day of its North American release, according to the company’s website. “This Air Force 1 season, Nike partnered with a collective of collaborators to design an AF1 that connects […]
Make your life easier in 2020
The Christmas and New Year break is a good time to reflect on all that is good and not so good with your business. Business owners have a chance to step back and take time to look at what works, what doesn’t and what could be better as well as planning for the coming year. […]
Why Customer Reviews Are Vital to Future Sales: If you don’t have online reviews, you’ll lose new business
Black Friday online sales were up by 19% this year, and hit $7.4 billion at 9:00am ET on November 29. And as 92% of Millennials and 97% Gen Zers shopped online for the holidays, they relied more on how products were trending on social media than on input from friends or family. Social media has changed […]
Qualified opportunity zone regs. finalized
The IRS on Thursday issued final regulations (T.D. 9889) providing guidance on tax-favored investments in qualified opportunity zones (QOZs). These regulations provide additional guidance for taxpayers eligible to elect to temporarily defer the inclusion in gross income of certain gains if corresponding amounts are invested in certain equity interests in qualified opportunity funds (QOFs), as […]
Year-end government spending bill contains many tax provisions
The federal government spending bill passed by Congress on Thursday repeals three health care taxes that were originally enacted as part of 2010 health care reform legislation, makes many changes to retirement plan rules, extends several expired tax provisions, provides disaster tax relief, and repeals the provision that taxed exempt organizations when they provided parking […]