If your small business is covered under the Affordable Care Act, then saddle up as you will need to prepare for an increase in health care costs. Small businesses with fifty or fewer employees and are part of the Small Business Health Options Program may be disadvantaged by the increased prices as
How Walmart Serves as a Barometer for the US Economy
There is no denying that Walmart is a juggernaut. It's the largest corporation in the world and employs 1.5 million Americans, making it a top employer in the country.While it's been celebrated and criticized, the giant retailer is a barometer for how the US economy is doing. Far from perfect,
What is the Inflation Reduction Act and How Will it Impact You
The inflation reduction act is a set of laws designed to help reduce the amount of money needed to be printed. This will help stabilize prices and reduce the amount of inflation currently seen in the economy. Economically, this is a beneficial thing, but there are arguments that this could have
Inflation Is Not Getting Better Any Time Soon
Inflation is the increase in prices in an economy. In other words, it is a loss of purchasing power for money. It means that people need more money to buy the same things they were able to buy without issue previously. It is one of the reasons why people are not hopeful about the economy right now.
The IRS Is Finally Clearing The Backlog Of Tax Returns
2020 and 2021 were some of the most challenging years for the Internal Revenue Services (IRS). The pandemic caused many delays and resulted in a backlog of tax returns. Millions of taxpayers experienced a plethora of uncertainties, especially those who were getting refunds.During the first
Lockstep Launching A Smart Inbox for Accounting Teams
Lockstep is a startup company that's created a new product to connect accounting teams globally. The company (based in Seattle) has applications that automate accounts receivable and accounts payable workflows. The company improves cash flow and effectiveness to enable them to work better together.
Elon Musk Getting Cold Feet in Twitter Deal
After announcing plans to purchase Twitter, things may not be going as planned for the famous cryptocurrency master, Elon Musk. Elon Musk announced a 9.2% stake in the Twitter company on March 14. On April 5, the CEO of Twitter, Parag Agrawal, announced that Musk would join the company's
Rapid Inflation In The United States Due To A Poor Economy
Rapid inflation is a persistent and worrying trend in many countries. In the States, however, it is an altogether different ball game. Here, the economic stagnation of the past five years has led to the country’s lowest growth rate in decades and a massive drop in purchasing power. This has led to a