CalCPA Daily Clips
Tags: California, CPA, Tax, Business, Calcpa

Dec. 17, 2020

BUSINESS

Survey suggests small-business owners downbeat on outlook

Nearly two-thirds of small businesses say they have not yet felt the full impact of the coronavirus pandemic, a survey by the US Chamber of Commerce and MetLife has found.

The Hill

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5 tips to be confident but not conceited in a job interview

It is important to find the right tone in a job interview so you can highlight accomplishments without sounding conceited. Here are five tips for achieving that balance.

Fast Company

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5 tips for a work-from-home holiday

Unfortunately, this holiday season will not offer a respite from the pandemic. Vaccination and a return to normalcy are on the horizon, but they won’t arrive before the end of the year.

AccountingToday

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How Businesses Can Better Support Women of Color

Many businesses — including accounting firms — have enewed their commitment to enhancing diversity and inclusion in the workplace. Unfortunately, women of color still are often missing out on the benefits.

AccountingWeb

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4 Skills You Should Have Learned in 2020 to Grow Your Business

Don’t worry, you can still learn them in 2021.

Entrepreneur

PERSONAL FINANCE

Don’t just rely on Social Security: Here are 3 reasons a Roth IRA is a perfect supplement

Do you think you would be able to live on the average Social Security benefit of $1,522 per month in retirement? If your answer to that question is no, you’re almost certainly going to need to supplement your benefit checks with your own savings and investments.

USAToday

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More than half of Americans are optimistic about their finances in 2021 after rough year

Despite the economic fallout, more than half of Americans are optimistic about their finances in 2021 as the economy enters a recovery, with two-thirds expecting to achieve a delayed financial milestone, according to a recent survey.

USAToday

POLITICS & POLICY

Some states reap higher-than-expected tax revenue

Massive deficits expected in city and state budgets amid the coronavirus pandemic have not necessarily come to pass, partly because of tax revenue bolstered by internet sales and a strong stock market. However, financial challenges remain, and the recent surge in COVID-19 cases could cause more problems.

Bloomberg

PROFESSION

The outsourced controller: Who’s monitoring the bookkeeper?

Client advisory and accounting services has been a hot topic in the accounting profession for years now, but little is being discussed about fractional/outsourced controllership.

AccountingToday

REGULATORY

What’s new with the Fed’s 2020 bank stress tests?

The Federal Reserve’s bank stress tests have been significantly different in 2020, thanks to regulatory changes and the dramatic economic turmoil brought on by coronavirus pandemic.

Reuters

TAX

11 Tax Breaks for the Middle Class

Tax breaks aren’t just for the rich. There are plenty of them that are only available to middle- and low-income Americans.

Kiplinger

TECH

Three million users installed 28 malicious Chrome or Edge extensions.

Extensions could redirect users to ads, phishing sites, collect user data, or download malware on infected systems. More than three million internet …

ZDNet