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Why AI Falls Short for U.S. Tax Guidance
Tax and Financial News
Why AI Falls Short for U.S. Tax Guidance
June, 2025
The rise of artificial intelligence tools like ChatGPT and Grok has transformed how Americans seek information. From meal planning to complex financial questions, these...
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Understanding the Goodwill to Assets Ratio
General Business News
Understanding the Goodwill to Assets Ratio
June, 2025
The goodwill to assets ratio measures how much of a company's total assets come from goodwill – an intangible asset like brand value or customer loyalty – and it plays a role in assessing the company's overall value. It...
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Decoding Net Realizable Value (NRV)
Accounting News
Decoding Net Realizable Value (NRV)
June, 2025
Whether it's maintaining compliance with accounting standards or ensuring asset values are not overvalued for internal stakeholders or external existing or potential new investors, looking at net realizable...
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Responsibilities of Being the Executor of a Will
Financial Planning
Responsibilities of Being the Executor of a Will
June, 2025
The appointed executor of a will is the person responsible for paying the debts and taxes of the will’s owner once he dies and then distributing what is left in the estate to named beneficiaries according to instructions...
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Quantum Computing: Separating Hype from Real-World Business Value
What's New in Technology
Quantum Computing: Separating Hype from Real-World Business Value
June, 2025
Lately, there has been a lot of talk about quantum computing, drawing interest from many, including business leaders. Quantum computing promises to solve previously unsolvable problems and revolutionize entire industries. As...
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How to Navigate Money Before Saying 'I Do'
Tip of the Month
How to Navigate Money Before Saying 'I Do'
June, 2025
According to a Bankrate Financial Infidelity Survey, 28 percent of couples said they considered financial cheating as bad as physical cheating. Furthermore, money is one of the top reasons for divorce, says Rahkim Sabree, counselor...
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New Tax Cut & Spending Bill, Protecting Law Enforcement, VA Benefits and Semiconductor Supply Chains
Congress at Work
New Tax Cut & Spending Bill, Protecting Law Enforcement, VA Benefits and Semiconductor Supply Chains
June, 2025
One Big Beautiful Bill Act (HR 1) – Introduced by Rep. Jodey Arrington (R-TX) on May 20, this tax bill supports the president’s tax and immigration agenda. The legislation includes...
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Strategic Roth IRA Conversions: Maximizing Retirement Income While Minimizing Taxes
Tax and Financial News
Strategic Roth IRA Conversions: Maximizing Retirement Income While Minimizing Taxes
May, 2025
For many high-income earners and those approaching retirement, a Roth IRA conversion represents a strategic financial move that can significantly impact long-term wealth preservation. This approach allows...
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Cash Flow Available for Debt Service (CFADS)
General Business News
Cash Flow Available for Debt Service (CFADS)
May, 2025
When it comes to the risk of default, Moody's found that during Covid-19, American businesses had a 7.8 percent chance of defaulting. This is compared to a low of 4 percent in 2021, but lower than the current 9.2 percent risk of...
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How to Account for Bad Debt Expense
Accounting News
How to Account for Bad Debt Expense
May, 2025
Bad debt expense is an important concept that businesses must account for when it comes to their financial reporting. Regardless of the timeframe a company accounts for, it helps companies determine what...
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Financial Implications of Marriage
Financial Planning
Financial Implications of Marriage
May, 2025
Marriage isn’t just about two people who fall in love and choose to spend the rest of their lives together. It is also a contract. And while that contract might not be forever binding, marriage does come with certain financial and...
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Deepfake Detection in Voice and Video
What's New in Technology
Deepfake Detection in Voice and Video
May, 2025
Deepfakes are becoming more convincing than ever. Whether manipulated media or entirely generated by artificial intelligence (AI), deepfakes can now realistically alter faces and clone voices. They can even fabricate entire scenarios...
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How New Grads Can Master Their Finances
Tip of the Month
How New Grads Can Master Their Finances
May, 2025
College graduation is a huge milestone. You’ve completed one chapter and are on the precipice of the next. While exciting, it can also be daunting – you have a whole new set of responsibilities in front of you. But take heart, we have...
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Rolling Back Regulations, Proving Citizenship Birth for Voting Rights, and Blocking Nationwide Injunctions
Congress at Work
Rolling Back Regulations, Proving Citizenship Birth for Voting Rights, and Blocking Nationwide Injunctions
May, 2025
Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Energy relating to “Energy Conservation...
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