The ideal candidate to run a franchise location doesn’t necessarily have to obtain a strong financial acumen. We often see franchise advertisements focused on a strong sales, industry and management experience. However, the heart of soul of any profitable business still remains to be the financials. Our mission is to provide franchise organizations with easy, […]
Treasury yields rise slightly following key inflation data
U.S. Treasury yields rose slightly on Wednesday morning, following a slightly higher-than-expected inflation reading in the previous session. The yield on the benchmark 10-year Treasury note climbed to 1.634% at 4:20 a.m. ET. The yield on the 30-year Treasury bond advanced to 2.314%. Yields move inversely to prices. The Labor Department reported Tuesday that the […]
10-year Treasury yield tops 1.69% ahead of key inflation report
The 10-year Treasury yield topped 1.69% early on Tuesday morning, ahead of the release of a key inflation report, due to come out before the opening bell on Wall Street. The yield on the benchmark 10-year Treasury note rose to 1.691% at 3:45 a.m. ET. The yield on the 30-year Treasury bond climbed to 2.35%. […]
Treasury yields fall after Powell reiterates commitment to easy policy
Treasury yields fell on Monday morning, after Federal Reserve Chairman Jerome Powell on Sunday reiterated the central bank’s commitment to maintaining loose monetary policy. The yield on the benchmark 10-year Treasury note fell to 1.646% at 4 a.m. ET. The yield on the 30-year Treasury bond dipped to 2.313%. Yields move inversely to prices. Powell […]
Have a Succession Plan
Succession planning’s mantra is to hope for the best and plan for the worst. You may already be thinking ahead about what will happen when a key team member is ready to retire, and that’s good. Retirement often plays out on a pre-planned timeline. Sadly, as the last year showed us, your company could lose […]
U.S. states face steep decline in J&J Covid vaccine amid production problems at Baltimore plant
Vials labelled “COVID-19 Coronavirus Vaccine” and syringe are seen in front of displayed Johnson & Johnson logo in this illustration taken, February 9, 2021. Dado Ruvic | Reuters Johnson & Johnson is scaling back shipments of its single-dose Covid-19 vaccine by 86% next week as it grapples with manufacturing issues at a major plant in […]
Georgia Gov. Kemp cheers Augusta National for ‘not getting involved in politics’
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 […]
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 […]
Treasury yields climb ahead of producer prices data
U.S. Treasury yields climbed on Friday morning, ahead of the release of the March producer price index, which measures wholesale price inflation. The yield on the benchmark 10-year Treasury note rose to 1.666% at 3:30 a.m. ET. The yield on the 30-year Treasury bond advanced to 2.343%. Yields move inversely to prices. The U.S. Bureau […]
IRS explains which meals qualify for temporary 100% expense deduction
News Expenses & Deductions By Sally Schreiber, J.D. The IRS released guidance on Thursday explaining when the temporary 100% deduction for restaurant meals is available and when the 50% limitation on the deduction for food and beverages continues to apply for Sec. 274 purposes (Notice 2021-25). Under Sec. 274(n)(1), a deduction for any expense for […]