Month: December 2019

H&R Block’s virtual prep service, Tax Pro Go, is now in 3,300 Walmart stores nationwide. The cost is $99, plus more for including state returns. The service is available through Feb. 28. This will be the third year the service has been offered. Clients upload their documents and then get matched with a tax pro
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White House trade advisor Peter Navarro on Tuesday predicted the Dow Jones Industrial Average will hit “at least” 32,000 in 2020. That would be 12.4% higher than Monday’s close. “I’m looking forward to a great 2020,” Navarro told CNBC’s “Squawk Box.” “Forecast wise, I’m seeing closer to 3% real GDP growth than 2%. I’m seeing
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Spartanburg is the most populous city in and the seat of Spartanburg County, South Carolina, United… [+] States Getty I was a developer for over 20 years, building shopping centers especially. That was back in the midst of a retail expansion like we’d never seen before and may never see again. Bankers were loaning money
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Getty The 12 Days of Charitable Giving for 2019 has officially wrapped. Here’s the complete list of charities in the series:  Thank you to everyone who submitted a nomination for their favorite charity. This was one of the busiest years for the series: I received numerous submissions. I reviewed every nomination carefully and tried to
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The management topics of partner value and compensation continue to attract considerable attention at firm summits and management conferences. The discussions have become more complex with the addition of nonequity and non-CPA owners. The balanced scorecard approach, connecting compensation to firm objectives, has made progress over the past several years as firms have moved more
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Concern about the $100 billion Mormon horde, the “scandal” I have dubbed EnsignGate seems to still be a thing. I have a little more to share on it, but I would also like to do a bit of review of my Mormon coverage. I have made an attempt to stake a big claim to the
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Having a great, well-thought-out succession plan for your business shows a lot of care and respect for the people that you love and care about. With a proper agreement, the beneficiaries will be your family, your staff, your clients and every supplier from your landlord to the office supply company that you use. It isn’t
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Companies are using “clawbacks” to recover incentive compensation that was given to executives through erroneous financial reporting while lowering their effective tax rates, but the practice of clawback adoption could be having some negative consequences, according to a new study. The study, which will be appearing in the January issue of The Accounting Review, a
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Major stock indices are up huge in 2019 thanks in large part to the success of some key technology stocks. Apple led the way for the Dow Jones Industrial Average, gaining roughly 84% so far. For the S&P 500, it was Advanced Micro Devices that took the crown, rising more than 150% since the start
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Getty There is a ritual that often occurs in high net worth households in the final weeks of the year. It can be a check in the mail or tucked inside a Christmas present. At other times, it may be a deposit into a 529 plan or a trust without the beneficiary knowing. Regardless, we are at the
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Logo and mascot ‘Ali cattle’ at the headquarters of Alibaba Group in Hangzhou. Zhang Peng | LightRocket | Getty Images Technology and bank stocks in Asia dominated the top picks for analysts in 2019, as shares in the region made strong gains this year. Mainland Chinese stocks also rallied this year, with the Shanghai composite
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