Welcome to the David JC Cutler Scholarship Program

Price Money
$1,000

last date
15th-Dec-2021

Winner announcement
31st-Dec-2021

David JC Cutler
01

About David JC Cutler.

David JC Cutler is highly experienced and accomplished finance executive with outstanding technical accounting skills and proven financial management. Also entrepreneurial achievements, delivered in a broad range of senior financial management roles in organizations ranging from startups to multi-national corporations.
Mr. Cutler has been the Principal of Cutler & Co., LLC since 2002. Cutler & Co. LLC is a Colorado registered accounting company that has been focused on providing fractional Chief Financial Officer, accounting, bookkeeping, tax and consulting services to startups, private companies seeking to raise debt or equity funding and micro-cap public companies. Between 2011 – 2015, Cutler & Co. LLC was also a PCAOB registered auditing firm auditing more than 50 public companies prior to the sale of its auditing business in 2015.Cutler & Co. LLC registered with the PCAOB in 2020 and is now eligible to audit publicly quoted companies once again.

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David JC Cutler Scholarship

The David JC Cutler Scholarship is the most humanitarian initiative , the principal at Cutler & Co. LLC. He is associated with a Colorado-based accounting company and has all the requisite knowledge and skills. He is the Chief Financial Officer and responsible for outsourcing Controller Services to medium and small-sized businesses operating in the private sector.

The scholarship idea is the brainchild of Mr. Cutler, a revolutionary idea to help the talented, brilliant students of America, who has the knowledge and intelligence to pursue advanced studies in the reputed colleges or universities in the United States of America, but not the funds to pay for the expensive college tuition fees.

David JC Cutler Knowledge
David is an extremely knowledgeable and qualified CEO and auditor with over 30 years of experience to his credit. He uses his innovative ideas and implements outstanding solutions to a gamut of financial hurdles in private sector companies, be it sole proprietorship firms or billion-dollar corporations operating globally.

Being associated with Arthur Andersen and holding senior financial management posts with numerous giant corporations operating worldwide for the last two decades, He has honed the required skills and providing financial services as a CEO to medium and small-scale enterprises.

David JC Cutler has proven technical skills, leadership qualities, as well as, practical and entrepreneurial experience to solve financial problems to help businesses realize their monetary goals and build value for their stakeholders in all situations.

David Cutler is keen to act as CEO or for matter, a support resource for a company’s chief financial officer. When it comes to the specialties or skill sets of Mr. Cutler, they are Audit, review, a compilation of financial statements, chief financial officer services, growing startups, complex financial reporting issues, IFRS accounting, debt and equity fundraising, mergers and acquisitions, accounting and tax planning for international operations, business valuations, and tax returns.

Financial Aid by David JC Cutler
David is completely alert of the education system in the United States and the skyrocketing college fees that students hailing from middle-class or poor families in the country cannot afford. The tuition fees are unusually high if a US student wants to pursue higher degree courses in a reputed college or university in the US. That is the reason why the David JC Cutler scholarship program is a noble cause initiated by David to come to the assistance of the financially deprived students of the country, who dream of a rewarding career in the future.

With many years of experience in financial planning and strategizing, He has the awareness and therefore, starts the scholarship program. The scholarship will help the poor candidates accomplish their career goals, get a higher degree, and bag a well-paying job for a rewarding career in the days to come. It means the poor students will not face any financial issues and easily pay for the college tuition fees once they win the scholarship prize money.

David believes in humanitarian initiatives and is delighted to declare the David JC Cutler program. The prize money of $1,000 will be given to the most worthy student, who pens the best easy on a given topic.

David JC Cutler knows that shelling out money for higher education fees in the US is challenging, impossible, to be honest, especially for those students with poor economic backgrounds. These students come from low-income families and therefore, cannot afford the expensive education in the public universities of the country.

He knows that many poor students are forced to take high-interest education loans from banks to pay for their advanced studies. It is the key reason why David JC Cutler has started the scholarship, which is a merit-based program for the most brilliant and deserving students.

The David JC Cutler prize money is helpful because the poor students will not need to return the cash received, which is the scholarship amount. This is not the case when they choose a bank loan with high rates of interest. The scholarship is one-time monetary assistance or cash prize money for the most deserving and brilliant student who can write the best essay with a word count of 700-850 words on a given theme. The topic is, “In 50 years’ time, what do you want to have achieved so that you can look back on your life with the satisfaction of having lived your life well?”

Guidelines
Before a student applies for the David JC Cutler program, he or she needs to meet the necessary eligibility criteria:
The candidate needs to be enrolled at one of the accredited American colleges or universities.
The student should be a sophomore, a junior, or a freshman, and at present an enrolled graduate.
All students should pen a detailed, engaging, motivating, and enlightening essay of about 700-850 words on the topic, “In 50 years’ time, what do you want to have achieved so that you can look back on your life with the satisfaction of having lived your life well?”

Instructions
The David JC Cutler scholarship will be given to the brilliant and most deserving students based on the assessment of the essays until the last date of submission, as mentioned specifically. Also, The US students who can pen a unique, informative, and engaging essay will win the reward money.

Amount:
The David JC Cutler program is one-time reward money of $1,000 for one time.

How to apply
The David JC Cutler scholarship-based essay submissions need to be completed and sent via an email as an attached WORD file to info@DavidJCCutlerScholarship.com
The following details should be sent with the essays:
1. Your Name
2. Telephone or Contact Number

3. Mailing Address
4. Email ID
5. High School Graduation Date (YYYY.MM.DD)
6. University or College you have applied or already studying
7. Most recent GPA
8. Personal Bio-data in a few words

Deadline
The last date for the David JC Cutler essay is on December 15, 2021, and the winner announcement of the recipient is on December 31, 2021.
The name of the winner will be published on this website www.DavidJCCutlerScholarship.com

Winner selection
The final winner, who pens an outstanding essay, will be informed through a formal email. The student must get in touch with David within a couple of weeks by responding to the email. The prize money will be sent directly to the student’s bank or scholarship aid account.

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David JC Cutler
David JC Cutler

CEO and auditor

Price
Award Amount

$1,000

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info@DavidJCCutlerScholarship.com

David JC Cutler
David JC Cutler

Chief Executive Officer

08

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Profits have been making a comeback. That makes a comedown for the U.S. economy seem less likel…

Yellen Says Soft Landing Looks Good, Unemployment May Level Off

Treasury Secretary Janet Yellen said she sees a good chance of the US economy achieving a soft landi…

Global stocks record best month in three years on interest rate cut hopes

Global stocks have closed out their biggest monthly rally in three years, as investors pile into ris…

Jobless claims tick higher in latest week, reaching highest level in 2 years

The numbers: Initial jobless claims rose 7,000 to 218,000, in the week ending Nov. 25, the Labo…

Fed’s favorite gauge shows inflation rose 0.2% in October and 3.5% from a year ago, as expected

KEY POINTS Inflation as measured by personal spending increased in line with expectations in October…

Fed’s Bowman Favors Hiking Rates If Inflation Progress Stalls

(Bloomberg) — Federal Reserve Governor Michelle Bowman said she expects to support additional tighte…

US economic growth for last quarter is revised up to a 5.2% annual rate

WASHINGTON (AP) — Shrugging off higher interest rates, America’s consumers spent enough to help driv…

Sharp US Stock Rally Is Running Out of Steam, Citi Strategists Say

The rally that led the S&P 500 to one of its best November gains in a century is now running out…

You may be at risk for fraud this holiday season, particularly if you shop at the last minute. Here’s why

KEY POINTS Holiday shopping this year is expected to reach record spending levels, according to…

Generative AI mega-deals by tech giants compel VCs to react

OpenAI’s leadership crisis demonstrated the indirect influence wielded by tech giants in the generat…

Investors See Interest-Rate Cuts Coming Soon, Recession or Not

Wall Street is gearing up for rate cuts. Twenty months after the Federal Reserve began a historic ca…

Energized shoppers break one-day holiday sales record

(CNN) — Whether they jostled through brick-and-mortar stores or toggled between tabs and v…

Investors Are Hungry for Risk—and Holding Record Cash Sums

Stocks and bonds have surged in November. With record investor balances in money-market funds, some …

Exclusive: US securities regulator signals it may curb climate rule ambitions

(Reuters) – U.S. Securities and Exchange Commission (SEC) officials have told lobbyists and corporat…

Bank of America Sees S&P 500 Hitting Record 5,000 Next Year

The S&P 500 is set for a fresh high in 2024 because US companies have adapted to higher rates an…

Fed gave no indication of possible rate cuts at last meeting, minutes show

Federal Reserve officials at their most recent meeting expressed little appetite for cutting interes…

Weight-loss drugs are the next startup platform shift

The year’s top venture capital story has been The Next Great Platform Shift, as every tech startup i…

Exclusive: US securities regulator signals it may curb climate rule ambitions

(Reuters) – U.S. Securities and Exchange Commission (SEC) officials have told lobbyists and corporat…

Wall Street Has a Plan for a Soft Landing: Buy More Stocks

Wall Street believes its soft-landing dream is on the verge of coming true. That is prompting a fres…

Turkeys are cheaper, but inflation is ‘clearly impacting’ Thanksgiving food costs, economist says. Here’s how to save

KEY POINTS Families preparing for Thanksgiving will find that turkeys are cheaper this year. Th…

Fed’s Cook says economic risks two-sided, ‘soft landing’ possible

(Reuters) – The U.S. central bank must steer between the risk of doing too little and taking the fig…

Global economy to slow down but likely avoid recession in 2024

(Reuters) – Some of the major banks in the world expect global economic growth to slow further in 20…

Goldman sees S&P 500 rising to 4700 by year-end 2024

(Reuters) – Goldman Sachs investment strategists said on Wednesday that they now expect the S&P …

Investors snap up bonds and stocks in bet interest rates have peaked

Investors have been dumping cash and piling into bonds and equities as conviction grows that big cen…

US producer prices slide 0.5% in October, biggest drop since 2020

WASHINGTON (AP) — U.S. wholesale prices fell sharply last month as inflationary pressure continued t…

The ‘Quiet Cutting’ Trend Is A Controversial Leadership Strategy, New Study Shows

There’s a lot of quiet action taking place under the radar in today’s business world. Quiet culture …

These behavioral traits lead to greater retirement savings, research finds. Yet only 10% of workers have them

KEY POINTS People who find it easiest to financially prepare for retirement have four beha…

Werfel: IRS must move quickly to show what a well-funded agency can do

The IRS received billions of dollars in funding to spend over 10 years, but high expectations for im…

The Charts That Could Predict the IPO Market’s Comeback

The reopening of the IPO market is, once again, delayed. For a moment this fall, it looked like the …

Claim for refund: Beware of sinkholes

The taxpayer’s road to a claim for refund of income tax is littered with various requirements that m…

What’s the Key to a Secure Retirement?

By the time a person approaches retirement age, they have enough life experience to know that change…

Inflation: Consumer prices were unchanged in October, core inflation rises at slowest pace since September 2021

Consumer prices were unchanged from the prior month in October as a drop in oil prices dragged down …

Is the Stock Market Rally About to Rev Up?

FOMO in the stock market is back.  A lightning-fast rebound has driven the S&P 500 up in ni…

US VC valuations stay on a downward trend

2023 has proven to be a formidable period for the US venture ecosystem. Dealmaking and valuation met…

Moody’s Changes Outlook on U.S. Ratings to Negative

Moody’s Investors Service on Friday said it was revising the outlook on the U.S. government’s rating…

Goldman Sachs, Morgan Stanley Diverge on Fed Rate-Cut Forecasts

(Bloomberg) — There’s a stark divide among Wall Street banks over how aggressive they think the Fede…

Fed Chair Recalls Inflation ‘Head Fakes’ and Pledges to Do More if Needed

Jerome H. Powell, the chair of the Federal Reserve, on Thursday expressed little urgency to make ano…

Why 75% of companies plan to downsize office space next year

Company leaders have learned a lot over the past year returning to offices, like the fact that they …

Social Security overpayments: Tips to prevent them

This week on 60 Minutes, correspondent Anderson Cooper reports on what happens when Social Security&…

China’s Consumer Deflation Returns as Recovery Remains Fragile

China’s deflation pressures worsened in October as consumer prices dipped back below zero and produc…

Griffin Says Peace Dividend Over, High Inflation to Last Decades

Citadel founder Ken Griffin said the world is facing unrest and structural changes that are pushing …

Embracing authentic demand: The core of innovation leadership

What distinguishes true leaders from managers is their commitment to innovation. Indeed, managing an…

Are You Ready to Retire? Find Out With This 10-Item Checklist

One common concern among folks in their 60s is determining a prudent time to retire. After decades i…

The Real State of the Social Security Program

Come 2024, the Social Security system will be in its 89th year of operation, and in many ways, the k…

US Labor Market Is Cooling Without Big Losses, Fed’s Waller Says

Federal Reserve Governor Christopher Waller said the US labor market is cooling this year without th…

US credit card balances see largest yearly leap on record

Minneapolis (CNN) — The resilient consumer has kept the US economic engine runni…

S&P 500 and Nasdaq Composite notch longest streak of gains in two years

New York (CNN) — Wall Street gained Tuesday as the continued slide in Treasury yields help…

The US Banking System Is Still Vulnerable, NY Fed Blog Says

While the US banking sector is stable, growing vulnerabilities leave at least some institutions unde…

Can corporate America cope with its vast debt pile?

The US economy may be growing much faster than pessimists had predicted, but business is still brisk…

Weighing a Roth Conversion? Don’t Overlook These Five Factors

Most investors understand that they need diversification in their portfolios. As a result, they are …

Defining software development costs

The law known as the Tax Cuts and Jobs Act (TCJA), P.L. 115-97, eliminated the option to currently d…

US dollar tumbles to six-week low after soft jobs data

(Reuters) – The dollar fell to a six-week low on Friday after data showed the world’s largest econom…

Stocks rally and bond yields tumble as investors trim interest rate outlook

US stocks recorded their best day in six months as bond yields tumbled after the Federal Reserve and…

Soft Jobs Report Weakens Impetus for Fed Rate Hike in December

Thanks for joining us. Here are five key takeaways from the US employment report for Octob…

Why working longer is a bad retirement plan

KEY POINTS Working longer is among the best ways to ensure you don’t outlive your retirement sa…

Private sector payrolls rose 113,000 in October, less than expected, ADP says

KEY POINTS Private sector payroll growth increased modestly in October but missed expectations, in a…

Inflation adjustments to retirement account limits issued for 2024

The IRS announced the 2024 benefit and contribution limits for qualified retirement plans, including…

Wall Street Sentiment Indicator Shows S&P 500 Gaining 16% Over Next Year

There’s a bright side for investors reeling from a rare three-month slide in US stocks: The gloom is…

US job openings remain elevated in September

(Reuters) – U.S. job openings increased in September, pointing to persistent labor market tightness …

Federal Reserve leaves its key rate unchanged but keeps open possibility of a future hike

WASHINGTON (AP) — The Federal Reserve kept its key short-term interest rate unchanged Wednesday for …

A Key Measure of Wages Grew at a Moderate Pace This Summer

A measure of pay and benefits that officials at the Federal Reserve have been watching closely as th…

Surge in interest rates and a cloudier economic picture to keep Federal Reserve on sidelines

WASHINGTON (AP) — The Federal Reserve is poised to leave its key interest rate unchanged Wednesday a…

Middle-Class Americans Are Rattled by Fed’s Fight Against Inflation

(Bloomberg) — Despite roaring growth and a resilient job market, more middle-class Americans are wor…

UAW’s record deal could boost others’ wages as labor notches another victory

(Reuters) – The tentative agreements reached between the United Auto Workers and the Detroit Three a…

This Halloween, Consider a Phantom Stock Plan

A phantom stock plan is a tool that may be used to transfer equity to key employees or valued team m…

Is ‘flextirement’ the new retirement?

Retirement can be ruthlessly final for some. And while ageism remains alive and well within workplac…

Morgan Stanley’s Wilson Sees Year-End Stock Rally as Unlikely

Investors hoping for a boost to stocks by the end of the year will be disappointed, according to Mor…

Does Strong Growth Fuel Inflation? Fed Debates Whether Old Model Still Applies

Since Federal Reserve officials last raised interest rates in July, the economy is doing two th…

Biden signs AI executive order, the most expansive regulatory attempt yet

President Biden signed a sweeping artificial intelligence executive order Monday, wie…

U.S. GDP grew at a 4.9% annual pace in the third quarter, better than expected

KEY POINTS The U.S. economy grew even faster than expected in the third quarter, buoyed by a strong …

US consumers keep spending briskly even in the face of persistent inflation and high interest rates

WASHINGTON (AP) — An inflation gauge that is closely monitored by the Federal Reserve showed price i…

U.S. GDP grew at a 4.9% annual pace in the third quarter, better than expected

KEY POINTS The U.S. economy grew even faster than expected in the third quarter, buoyed by a strong …

Dealmaking Surge Turns October into Busiest M&A Month in Years

Dealmakers are suddenly busy again, as consolidation in the energy patch helped make this one of the…

Budgets for salary increases rise at historic rates

Budgets for employee salary increases have grown by an average of 4.4% in 2023, the highest increase…

IRS emphasizes strides as it presses to keep funding

The IRS will continue its pursuit of money owed to the U.S. government by sending letters to about 1…

Stock Pickers Sidelined With World Events Overshadowing Earnings

Earnings season typically is the time when investors can look past macroeconomic forces and focus on…

Bond Rout Drives 10-Year Treasury Yield to 5%

A deepening selloff in the U.S. bond market drove the yield on the 10-year U.S. Treasury note to 5% …

‘As if they were never filed’: IRS outlines steps to withdraw ERC claims

Certain employers concerned about the accuracy of an employee retention credit (ERC) claim they file…

Economists Boost US Growth Projections, Reduce Recession Odds

Economists raised their US growth projections through early 2024 and trimmed recession odds to a one…

Will an IRS Tax Prep Service Replace H&R Block or TurboTax?

In a few short months, the IRS will pilot a tax prep and filing service where taxpayers can bypass a…

Projected tax gap jumps to $688 billion for tax year 2021

The projected gross tax gap jumped to $601 billion in tax year 2020 and $688 billion in tax year 202…

13 states will participate in IRS Direct File pilot

An IRS pilot program will let eligible individuals in 13 states electronically file their federal ta…

Goldman Strategists Warn Geopolitics Pose Risk to Stock Market

Any potential equity market rally is at risk if geopolitical uncertainty escalates further, accordin…

Applications for US jobless benefits fall to lowest level in more than 8 months

Applications for U.S. unemployment benefits fell to their lowest level in eight months last week as …

SEC addresses securities transparency; PCAOB addresses audit concerns

The SEC recently adopted a series of rules and amendments aimed at strengthening transparency around…

Three Factors to Consider Before Taking Social Security

The complexities of Social Security calculations can cause some confusion around when someone eligib…

S&P 500 rally in Q4 “more likely than not” despite headwinds – Morgan Stanley

(Reuters) – A rally in the S&P 500 in the fourth quarter of 2023 “is more likely than not”, Morg…

Wall Street Strategists Sound Alarm on Dimmer Profit Outlook

The outlook for earnings is weakening and could remain subdued, according to strategists from Morgan…

A six-figure salary was once celebrated, now it’s expected

Hitting a six-figure salary used to be a career milestone for many. Making $100,000 or more was some…

Reality does bite: Why Generation X is falling behind on retirement savings

KEY POINTS As Generation X knows all too well, “reality bites,” to quote the iconic 1994 f…

How Is Your Post-Retirement Stacking Up? Three Key Questions

If you have successfully transitioned into retirement, congratulations! While it’s an exciting new c…

A Recession Is No Longer the Consensus

Economists are turning optimistic on the U.S. economy. They now think it will skirt a recession, the…

Social Security wage base, COLA set for 2024

Individual taxable earnings of up to $168,600 annually will be subject to Social Security tax in 202…

How long does retirement last? Most American men don’t seem to know

Most of us seem to know that the average American lives between 70 and 80 years: 73.5 years for men,…

Americans Failed to Pay a Record $688 Billion in Taxes. The IRS Says That Will Change.

Americans didn’t pay an estimated $688 billion in taxes due on their 2021 returns—the largest shortf…

How Do You Build Wealth? Seven Critical Steps

We are bombarded with financial advice from various corners, be it the internet, family, or friends.…

Fed officials see ‘restrictive’ policy staying in place until inflation eases, minutes show

Federal Reserve officials at their September meeting differed on whether any additional interest rat…

Wall Street Is Marking Up Forecasts in Sign Profit Slump Is Likely Over

Wall Street analysts are boosting US earnings forecasts even before results start rolling in, signal…

US inflation higher than expected in September

US inflation was higher than forecast in September, raising the prospect that the Federal Reserve ma…

US SEC shortens deadline to disclose 5% stock ownership to 5 days

(Reuters) – Wall Street’s top regulator on Tuesday said it has tightened the timeline for investors …

Federal Reserve will ‘stay on the job’ to achieve inflation goal, Fed’s Waller says

Gasoline, food drive US producer prices higher; core inflation cools

(Reuters) – U.S. producer prices increased more than expected in September amid higher costs for ene…

Fading Optimism on Rates Signals Trouble Ahead for $425 Billion Debt Wall

Friday’s sizzling jobs report is bolstering the probability of another Federal Reserve rate increase…

84% of CFOs Continue to Face Significant Talent Shortages

The accounting and finance talent shortage has prompted many CFOs to reevaluate their approach to st…

Profit Warnings to Hit S&P 500 as High Rates Pinch Consumers

US stocks reeling from the impact of high bond yields are facing a new threat from an expected slew …

Five Tax Moves Retirees Should Consider Before Dec. 31

For me, the dread of tax season truly arrives when I start receiving 1099s, W-2s, 1098s, etc., in Fe…

US economy added 336,000 jobs last month, almost twice what was expected

Minneapolis (CNN)— Fall is here, pumpkin spice lattes are flowing, and in some states, there’s …

Here’s Why a 5% US Yield Would Stress Out Global Markets

As global financial markets grapple with the possibility of 5% benchmark Treasury yields, the questi…

Investors Eye Profit Rebound After Yearlong Earnings Recession

Stock bulls reeling from the worst month of 2023 have at least one reason for optimism: Corporate pr…

How to Shop for Life Insurance in 3 Easy Steps

No one needs to tell you why you should have life insurance: If you die and your family or anyo…

Do You Really Know What Your HSA Can Do for You?

Over the past several years, health savings accounts (HSAs) have grown in both interest and populari…

When Clients Claim Social Security Early, Take These Steps to Avoid Surprises

Most financial advisors recommend that clients wait to claim Social Security retirement be…

US job openings unexpectedly grew in August

Minneapolis (CNN ) — The number of job openings at US employers unexpectedly jumped in Aug…

‘You only get Social Security while you’re alive,’ expert says. What happens to benefits after you die

KEY POINTS Social Security retirement benefits provide guaranteed monthly income for the durati…

Nervously Nearing Retirement? Four Do’s, Four Don’ts, and One Never

It has always struck me as ironic that planning for retirement takes so much work. And the closer yo…

New PCAOB standard addresses confirmation in the audit

The PCAOB adopted a new standard relating to the auditor’s requirements for the use of con…

Market Stress Rises Over Wild Week Ahead Even Without a Shutdown

Investors have shown few signs of panic during a stock market slump that’s pushed the S&P 500 In…

US stocks notch quarterly drop against backdrop of Treasury sell-off

US stocks registered their first negative quarter of 2023 on Friday, ruling off on a bumpy three mon…

Government shutdown averted with little time to spare as Biden signs funding before midnight

WASHINGTON (AP) — The threat of a federal government shutdown suddenly lifted late Saturda…

10 things you need to know today: September 28, 2023

1. GOP candidates fight for spotlight in 2nd debate Seven Republican candidates clashed in their sec…

Unanswered calls, backlog of mail: IRS plan for government shutdown

Calls will go unanswered and mail will get no response under the IRS contingency plan for the first …

Fed’s preferred inflation gauge rises 0.1 percent in August

The Federal Reserve’s preferred inflation gauge increased by 0.1 percent in August and fell to a 3.9…

Identifying and analyzing the risks of ‘risk-free’ securities

A thorough financial analysis and risk assessment of debt security assets and bank equity values sho…

Deferring Taxes Until Retirement? You May Want to Rethink That

Conventional wisdom about putting money in qualified accounts (401(k), 403(b) and IRA are examples) …

How Social Security Would Be Affected By A Government Shutdown

The government is threatening a shutdown this week, leaving many to wonder how Social Security would…

Special per diem rate for business travel rises

The special per diem rates that a taxpayer uses in substantiating the amount of ordinary and necessa…

Government shutdown could hurt U.S. credit rating, Moody’s warns

Credit rating firm Moody’s warned that a shutdown of the U.S. federal government would be “credit ne…

Inflation and Retirement: Five Ways to Soothe Your Worries

Last year, we witnessed a significant year-over-year increase in CPI inflation, reaching a high of 9…

IRS developing contingency plan as government shutdown looms

The IRS is developing a contingency plan for a probable government shutdown, the union that represen…

Why smart businesses are embracing fractional executives

In today’s rapidly changing business environment, marked by technological advancements and global ma…

LEI for the U.S. Fell Again in August

About the Leading Economic Index and the Coincident Economic Index: The Leading Economic Index provi…

Fed Leaves Rates Unchanged, Signals Another Hike This Year

The US Federal Reserve left its benchmark interest rate unchanged while signalling borrowing costs w…

US applications for jobless benefits fall to lowest level in nearly 8 months

U.S. applications for unemployment benefits fell to their lowest level in eight months last week as …

Passive loss limitations on rental real estate

As the popularity of short-term rentals through services such as Airbnb and Vrbo continues, CPAs mor…

IRS to set up new work unit to focus on complex passthrough entities

The IRS will set up a new unit to focus on large or complex passthrough entities as it continues to …

‘Tsunami’ of ERC claims required IRS action to halt fraud, experts say

“You could receive up to $26,000 per employee.” “Did your CPA say you’re not eligible? You should ge…

FinCEN posts guide to help small businesses with BOI reporting

Treasury’s Financial Crimes Enforcement Network (FinCEN) has published a guide to help small busines…

Global Economy Poised to Slow as Rate Hikes Bite, OECD Says

The world economy is set for a slowdown as interest-rate increases weigh on activity and China’s pan…

US Federal Reserve set to hold interest rates but leave tightening in play

The US Federal Reserve is set to conclude the year with two high-stakes meetings as it prepares to h…

Global debt pile hits record high of $307tn

The world economy’s debt pile hit a fresh high in the first half of this year, while borrowing as a …

47% of Americans say achieving retirement security will take a miracle. Why inflation is to blame

KEY POINTS Almost half of Americans, 47%, say achieving retirement security will take a miracle, acc…

Moratorium imposed on new ERC claim processing to curb abuse

The IRS will take several aggressive steps against fraudulent claims for the employee retention cred…

Corporate defaults jump, highest August monthly tally since 2009, S&P says

(Reuters) – The number of new corporate defaults globally reached 16 in August, the highest August m…

47% of Americans say achieving retirement security will take a miracle. Why inflation is to blame

KEY POINTS Almost half of Americans, 47%, say achieving retirement security will take a miracle, acc…

Wholesale inflation posts largest increase in 14 months, U.S. PPI shows

Producer price index climbs 0.7% in August The numbers: Fueled by higher energy costs, U.S. who…

Optimism on the rise among large-company CFOs, according to survey

CFOs haven’t felt this good about the economy in more than a year. Fifty-seven percent of North Amer…

Long-awaited guidance provided for amortization of R&E expenditures

The IRS intends to issue proposed regulations governing the capitalization and amortization of speci…

August core inflation, excluding food and energy, rose 0.3%, hotter than expected

KEY POINTS Inflation posted its biggest monthly increase this year in August as consumers faced high…

FASB approves cryptoassets standard

FASB voted Wednesday to issue a cryptoassets standard that will require entities to report on fungib…

One Fed Model Suggests Central Bank Has Already Beaten Inflation

The Federal Reserve’s 5.25 percentage points of interest-rate increases over the past 18 months may …

Fed Set to Double Its Economic Growth Forecast After Strong US Data

The US economy has been looking so solid lately that Federal Reserve officials will probably need to…

The Power of Reframing to Change Our Outlook

Many of us are walking around much of the time in a mild state of anxiety, frustration, or negativit…

Are YC Valuations Really Too High?

With each cohort that graduates from Y Combinator, the same debate emerges: How can such early-…

Expert Tips To Avoid Identity Theft

For expert advice on identity theft risks, Kiplinger interviewed Raj Ananthanpillai, founder an…

US Stock Investors’ Complacency is Worrying, JPMorgan Strategists Warn

US stock investors have gotten so confident that it’s concerning strategists at JPMorgan Chase &…

Economists grow gloomier on 2024 as central banks delay rate cuts

Persistently higher interest rates in major economies mean global growth is likely to slow next year…

Financial Planning in an Age of Increasing Longevity

A new docuseries debuts today (Aug. 30) on Netflix that examines the formula for longevity. Liv…

Inflation no longer the top challenge for CPA decision-makers, survey shows

CPA decision-makers’ optimism about their own organizations and the U.S. economy has been unsteady t…

US Corporate Profits Rise Again With Recession Fear Fading

US corporate profits are on the rise again following four straight quarters of declines, according t…

The Fed’s preferred inflation measure stayed high in July — and consumers are continuing to spend

Minneapolis (CNN) — US inflation may have remained elevated in July, but consumers ju…

Dollar Stamina Hinges More on China Than Fed, Bank of America Says

The chances of the dollar adding to its nearly 3.5% advance since mid-July depend more on the fate o…

Broad Rally Pushes Stock Indexes Higher

U.S. stocks rose for a third consecutive session, cutting into major indexes’ August losses as share…

Prop. regs. require brokers to report digital asset sales and exchanges

Long-awaited proposed regulations for digital asset reporting under Sec. 6045 would require brokers …

U.S. Stocks Advance for Second Consecutive Session

Major U.S. stock indexes kicked off the week with gains, rising for a second consecutive session and…

US Consumer Confidence Pulled Back in August

Index Erases Early Summer Gains, as Hot Labor Market Cools and High Interest Rates Bite The Conferen…

Markets soar higher as investors digest Powell’s message

Stocks blasted higher in afternoon trading Friday, even after Federal Reserve Chair Powell warned in…

Even millionaires are feeling financially insecure, report finds

KEY POINTS Earning a good salary is one thing, feeling “rich” is another. Even doctors, la…

State conformity to federal treatment of Sec. 174 R&E costs

Included within the numerous provisions of P.L. 115-97, commonly referred to as the Tax Cuts and Job…

These 5 things can make or break your ability to build wealth

Some of the traits that separate affluent households from those that struggle might surpri…

Four Tips to Help You Conquer the Retirement Mountain

Getting to retirement is only half the goal. That’s why having a cash cushion, minimizing taxes and …

31% of Organizations Using Generative AI Ask It To Write Code

Code development, content creation and analytics are the top generative AI use cases. However, many …

U.S. Auditing Watchdog Tries to Remake Itself, But It Isn’t Easy

Chair Erica Williams has tried to set the troubled PCAOB on a new course. The ambitious shift has be…

Leading economic indicators stubbornly point to a recession. It still hasn’t arrived.

This week has been marked by a raft of good economic news: Retailers are selling a whole lot of…

The Future of Financial Management in the Gig Economy: A New Era of Freelancer-Friendly Financial Management

Since even before the global coronavirus pandemic, hundreds of thousands of employees have shifted f…

Happy Birthday, Social Security: Celebrate by Avoiding These Three Mistakes

As Social Security commemorates its 88th year, here are a few things to keep in mind when you start …

A smooth ‘last mile’ to 2% inflation may not be a stretch for Fed

(Reuters) – Pessimists watching the Federal Reserve battle inflation have focused on the so-called “…

Location of millions of tax records uncertain, TIGTA says in IRS critique

The IRS is uncertain about what happened to millions of tax records with sensitive information that …

Are You Afraid to Retire Even Though You Can Afford To?

Actually retiring may be the hardest part about retirement. If you’ve got cold feet, here are some i…

Fed may be at point to ‘hold rates steady,’ Harker says

(Reuters) – Barring any abrupt change in the direction of recent economic data, the U.S. Federal Res…

Credit card balances jumped in the second quarter and are above $1 trillion for the first time

KEY POINTS Americans increasingly turned to their credit cards to make ends meet heading into the su…

July CPI report shows inflation gauge rose 3.2%, less than expected

KEY POINTS The consumer price index rose 3.2% from a year ago in July, a sign that inflation has los…

8 Tips for Avoiding Your Leadership Blindspots

Learning to ask the right questions in the right way is a key technique for surfacing blindspots tha…

12 Cost-Cutting Strategies to Help You Thrive in a Slow Economy

Navigating economic downturns can be as crucial as riding the waves of prosperity. In a slow economy…

Wall Street Forecasts Project Profit Recession Ends Next Quarter

With Corporate America’s earnings season nearing an end, the takeaway is clear: Challenges remain, b…

Defining software development costs

For tax years beginning after Dec. 31, 2021, taxpayers must charge specified research or experimenta…

Tax Benefits of Hiring Your Kids Plus IRS Rules to Follow

It can be frustrating when your children complain about having nothing to do — especially …

Three Reasons to Claim Social Security as Soon as You Retire: Why Wait?

When you’re a financial adviser, you soon realize that half of the job is math; the rest is loophole…

2024 filing season could be paperless, IRS says

Former IRS Commissioner Mark Everson compares the efforts of the IRS to go paperless to the intersta…

FASB proposes improvements to income statement expenses

FASB is seeking comments on a proposed Accounting Standards Update (ASU) that is intended …

Strategists Scramble to Catch Up as S&P 500 Rally Rumbles On