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Home » 2023 » January » 01

Day: January 1, 2023

Expanding Options for Marriage, Defense, Medical Marijuana, Amateur Athletes and Rail Workers

Respect for Marriage Act (HR 8404) – Introduced by Sen. Jerry Nadler (D-NY) on July 18, this Act replaces previous provisions that defined marriage as strictly between a man and a woman. It codifies…

Author Service2ClientPosted on January 1, 2023Categories Blog, Congress at Work, NewsLeave a comment on Expanding Options for Marriage, Defense, Medical Marijuana, Amateur Athletes and Rail Workers

5 Financial Resolutions You Can Live With

For the most part, New Year’s resolutions are hard to keep because many times you either list too many things or ones that aren’t manageable for the long haul – especially those that involve money. Here are…

Author Service2ClientPosted on January 1, 2023Categories Blog, News, Tip of the MonthLeave a comment on 5 Financial Resolutions You Can Live With

No-Heir Estate Planning

Even if you have no heirs, you should have an estate plan. Otherwise, the state will determine the fate of your worldly possessions. In fact, if you pass away “intestate” (without a will), the state…

Author Service2ClientPosted on January 1, 2023Categories Blog, Financial Planning, NewsLeave a comment on No-Heir Estate Planning

Understanding the Weighted Average Cost (WAC) Method for Inventory Valuation

When it comes to businesses and their inventory and accounting methods for managing it, there are a few different ways to approach the task. The three different options to value inventory/implement cost flow assumptions, include…

Author Service2ClientPosted on January 1, 2023Categories Blog, General Business News, NewsLeave a comment on Understanding the Weighted Average Cost (WAC) Method for Inventory Valuation

The IRS Versus the Taxpayer

According to the IRS, not only is your ignorance no excuse, but so is that of your tax preparer. In other words, the fact that your tax preparer made a mistake is no excuse and will not absolve you from compliance…

Author Service2ClientPosted on January 1, 2023Categories Blog, News, Tax and Financial NewsLeave a comment on The IRS Versus the Taxpayer
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