H&B Premier Tax and Accounting LLC

We are happy to support and participate in 15th annual Cancer Run Walk. This is a really fun event for families to do with kids. Please join us on June 12th 9 am at Baldwin Harbor Park

Baldwin Chamber of Commerce

https://runsignup.com/.../15thannual5KAIDSCancerRunWalk

We are happy to support and participate in 15th annual Cancer Run Walk. This is a really fun event for families to do with kids. Please join us on June 12th 9 am at Baldwin Harbor Park

https://runsignup.com/Race/NY/Baldwin/15thannual5KAIDSCancerRunWalk

We are happy to support and participate in 15th annual Cancer Run Walk. This is a really fun event for families to do with kids. Please join us on June 12th 9 am at Baldwin Harbor Park

https://runsignup.com/Race/NY/Baldwin/15thannual5KAIDSCancerRunWalk

We are a fast-growing accounting firm located in Baldwin NY and looking to hire an Assistant Accountant to our team. This job requires you to handle accounts receivable follow up calls and emails with multiple clients, help and assist senior accountants and managers with other accounting projects as requested time to time. This job is ideal for a high school or college student that want to get into accounting and tax field and potentially pursue a CPA career path. There will be lot of learning and growth opportunities for the right candidate. The candidate should be available 25 to 30 hours per week and schedule can be flexible.

Qualifications required:
1. Fluent in English and have great communication skills
2. Experience in of emails, MS outlook, word, excel
3. Great at follow up and managing multiple projects at the same time
4. Well organized, punctual, and responsible for delivering tasks properly
5. Studying accounting and taxes in high school or in college
6. Should be able to drive to client places when necessary

This is a long-term position to grow with the firm.
Attractive compensation and ability to work flexible hours in a very friendly environment

The battle for digital privacy is reshaping the internet

The Battle for Digital Privacy Is Reshaping the Internet As Apple and Google enact privacy changes, businesses are grappling with the fallout, Madison Avenue is fighting back and Facebook has cried foul.

Why 401(k) plans should offer ESG options

Why 401(k) plans should offer ESG options Forty years ago, the IRS started allowing tax-deferred salary deductions, marking the birth of 401(k) retirement plans. It’s time we fixed the retirement plan rules to recognize this generational shift. Millennials, together with Generation Z, often think about the use of money differently from pr...

When it comes to retirement security we're ... Number 17

When it comes to retirement security we’re…No. 17 RETIRE BETTER Somehow shouting “We’re number 17!” just doesn’t have the right ring to it.  But that’s where the United States ranks—17th—in terms of retiree well-being. That’s according to the 2021 Global Retirement Index released by Natixis Investment Managers.

France faces lowest recorded wine output following frost & disease

France faces lowest recorded wine output following frost and disease A roundup of business news

America's Grand Reopening, Postponed

America’s Grand Reopening, Postponed New York Times photographers around the United States spent the past six months documenting the coronavirus economy. As its path veered, so did our sense of where the finish line was.

Poverty fell overall in 2020 as a result of massive stimulus checks & unemployment aid, Census Bureau says

Poverty fell overall in 2020 as result of massive stimulus checks and unemployment aid, Census Bureau says The official poverty rate rose slightly to 11.4 percent in 2020, but the bureau said that after accounting for pandemic relief aid, the poverty rate fell to 9.1 percent.

Smart Ways to Gift Money to Children

Smart Ways to Gift Money to Children Most parents with the ability to give money to their adult children plan to do just that. But it's not only the tax implications of gifting that parents must consider before writing a check or creating a trust.

Cutoff of Jobless Benefits is found to get few back to work

Prematurely ending federal programs had little effect on employment but sharply cut spending, potentially hurting state economies, researchers say.

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Cutoff of Jobless Benefits Is Found to Get Few Back to Work Prematurely ending federal programs had little effect on employment but sharply cut spending, potentially hurting state economies, researchers say.

People now spend more on Amazon than at Walmart

People Now Spend More at Amazon Than at Walmart Proof that the online future has arrived: The biggest e-commerce company outside China has unseated the biggest brick-and-mortar seller.

Biden is forgiving another $1.1 Billion in student loan debt. Who qualifies this time?

Biden is forgiving another $1.1B in student loan debt. Who qualifies this time? The administration is chipping away at debt as millions hope for broad forgiveness.

China spells out how excessive '996' work culture is illegal

China Spells Out How Excessive ‘996’ Work Culture is Illegal (Bloomberg) -- China has issued its most comprehensive warning yet against the excessive-work culture that pervades the country’s largest corporations, using real and richly detailed court disputes to address a growing backlash against the punishing demands of the private sector. The Supreme Peopl...

Automatic accounting method change procedures updated



https://www.journalofaccountancy.com/news/2021/aug/automatic-accounting-method-change-procedures-updated.html

Automatic accounting method change procedures updated The IRS updated the list of accounting method changes to which automatic change procedures apply.

Retirement without savings?



https://finance.yahoo.com/m/6d9c5e0f-ae0b-3dad-aba5-8ebaf8b73b6f/retirement-without-savings-.html

Retirement Without Savings? Everyone knows that you should save for retirement, but many don’t do it at all. Unfortunately, retirement without savings isn’t pretty.

This is a terrible time for savers



https://www.nytimes.com/2021/08/09/upshot/terrible-time-for-savers.html

This Is a Terrible Time for Savers In an upside-down world of financial markets, expected returns after inflation are at record lows.

What's actually in the $1.2 trillion Senate infrastructure package?

https://www.washingtonpost.com/business/2021/08/10/senate-infrastructure-bill-what-is-in-it/

What’s in the $1.2 trillion Senate infrastructure package The bipartisan bill includes $550 billion in new investments in roads, bridges, broadband and more. It is widely expected to create a lot of jobs.

Hackers return $260million to cryptocurrency platform after massive theft



https://finance.yahoo.com/news/defi-platform-poly-network-reports-064756815.html

Hackers return $260 million to cryptocurrency platform after massive theft LONDON/SINGAPORE/HONG KONG (Reuters) -Hackers behind one of the biggest ever cryptocurrency heists have returned more than a third of $613 million in digital coins they stole, the company at the center of the hack said on Wednesday. Poly Network, a decentralised finance platform that facilitates p*e...

3 ways to shrink your student loan debt during Biden's longer payments freeze



https://finance.yahoo.com/news/3-ways-shrink-student-loan-223500989.html

3 ways to shrink your student loan debt during Biden's longer payments freeze Your loans are now on hold until February. Use that time strategically.

"We are back to panicking": Mom's are hit hardest with camps and daycares closing again

pt.2?

https://www.washingtonpost.com/business/2021/08/06/delta-variant-moms/

‘We’re back to panicking’: Moms are hit hardest with camps and day cares closing again Parents of children under 12 are once again struggling to juggle work and child care. There’s concern about another mass resignation of moms.

U.N. report warns of grim climate future unless humans act swiftly

https://www.washingtonpost.com/climate-environment/2021/08/09/ipcc-climate-report-global-warming-greenhouse-gas-effect/

Humans have pushed the climate into ‘unprecedented’ territory, landmark U.N. report finds U.N. science group says humans caused “unprecedented” global warming, and only humans can prevent its ever-worsening.

When is it too late to have nothing saved for retirement



https://finance.yahoo.com/m/0033d06a-54e6-3fea-8240-082cead14765/when-is-it-too-late-to-have.html

When Is It Too Late to Have Nothing Saved for Retirement? It is never too late to start saving money you will use in retirement. However, the older you get, the more constraints may limit your options.

7 things to do before Biden restarts your student loan payments in February



https://finance.yahoo.com/news/7-things-biden-restarts-student-134500593.html

7 things to do before Biden restarts your student loan payments in February The president postponed payments one last time. Here's how to make use of the reprieve.

SBA streamlines forgiveness process for most PPP loans



https://www.journalofaccountancy.com/news/2021/jul/sba-streamlines-forgiveness-process-most-ppp-loans.html

SBA streamlines forgiveness process for most PPP loans The SBA issued new guidance intended to sp*ed up and simplify the forgiveness process for Paycheck Protection Program loans of $150,000 or less, which represent 93% of the outstanding loans in the $800 billion program.

M&A (Merger & Acquisition) activity in accounting on the rebound in 2021, expert says



https://www.journalofaccountancy.com/news/2021/aug/mergers-acquisitions-activity-in-accounting-on-the-rebound.html

M&A activity in accounting on the rebound in 2021, expert says Merger-and-acquisition activity for CPA firms is surging in 2021 after dropping in 2020 due to the COVID-19 pandemic, Joel Sinkin, president of Transition Advisors LLC said in a session at AICPA & CIMA ENGAGE 2021.

Wall Street roars on despite Delta variant's spread in the U.S.



https://www.washingtonpost.com/business/2021/07/30/stock-market-delta-variant/

Wall Street roars on despite delta variant’s spread in the U.S. Traders work on the floor at the New York Stock Exchange on July 29. (Timothy A. Clary/AFP/Getty Images)By David J. LynchJuly 30, 2021 at 6:00 a.m. EDTBy David J. LynchJuly 30, 2021 at 6:00 a.m. EDT0There is one place in the United States that appears all but immune to the delta variant of the coron...

Senate infrastructure bill sets stage for major effort on broadband



https://www.washingtonpost.com/technology/2021/08/05/senate-infrastructure-bill-sets-stage-massive-effort-make-broadband-more-available-affordable/

Senate infrastructure bill sets stage for massive effort to make broadband more available and affordable The bipartisan measure sets aside $65 billion to expand Internet access, a pot of money meant to build out connectivity to unserved parts of the country while helping low-income families afford their bills.

Eviction moratorium expires as renters face rising COVID cases and lack of aid



https://www.washingtonpost.com/business/2021/07/31/eviction-moratorium-expire-cdc/

Eviction moratorium expires as renters face rising covid cases and lack of aid Moody’s data shows there are still well over 6 million renters behind on payments as the eviction moratorium expires on July 31.

Suzie Orman says this is how to protect your finances from the Delta Variant



https://finance.yahoo.com/news/suze-orman-says-protect-finances-160000076.html

Suze Orman says this is how to protect your finances from the delta variant Follow these tips to stay financially healthy amid the new strain of the virus.

U.S. economy grew at annual rate of 6.5% between April & June, marking full economic recovery from pandemic

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https://www.washingtonpost.com/business/2021/07/29/gdp-q2-economy-covid-delta-recovery/

U.S. economy grew at annual rate of 6.5% between April and June, marking full recovery from pandemic The economy is officially recovered from the coronavirus pandemic. For the first time since covid took hold, economic output eclipsed its pre-pandemic high, after adjusting for inflation.

China's electric vehicle makers report strong July sales



https://finance.yahoo.com/news/chinas-electric-vehicle-makers-report-140431607.html

China's electric vehicle makers report strong July sales The rise in July deliveries comes at a time when electric car makers have been expanding manufacturing capacity in China, encouraged by the country's policy of promoting greener vehicles. Nio, Li and Xpeng compete with U.S. electric car maker Tesla, which dominates the EV market in China. Nio, the m...

The purpose of having a social security number

?

https://www.investopedia.com/articles/personal-finance/050615/purpose-having-social-security-number.asp?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral

The Purpose of Having a Social Security Number Find out when and why it's necessary to use your Social Security Number, and when you should avoid using it.

Parent PLUS loans for college are easy to get, but hard to shake: Here are some options for forgiveness



https://finance.yahoo.com/m/708a590c-6c4a-3f11-9e79-8ce66b368c1e/parent-plus-loans-for-college.html

Parent PLUS loans for college are easy to get, but hard to shake: Here are some options for forgiveness Parents on the hook for their child's education can end up with more debt than they can handle. But there are some breaks, if you qualify.

Can a Creditor seize my retirement savings?



https://www.investopedia.com/ask/answers/07/seizing-savings.asp?utm_campaign=quote-yahoo&utm_source=yahoo&utm_medium=referral

Can a Creditor Seize My Retirement Savings? Whether a creditor can seize your retirement savings will depend on the type of account in which you are holding your money and the type of creditor.

Will the Delta variant wreck the recovery?



https://www.nytimes.com/2021/07/28/upshot/delta-virus-economy-analysis.html

Will the Delta Variant Wreck the Recovery? Probably not. But there are potential challenges with both supply and demand that put the economy at risk.

Why CPA firms need to know about restricted top-level web domains (e.g: ".cpa," ".ai," ".io," ".xyz")



https://www.journalofaccountancy.com/news/2021/jul/restricted-top-level-web-domains-what-cpa-firms-should-know.html

Why CPA firms need to know about restricted top-level web domains New top-level web domains, such as .cpa, are one way for firms to modernize their digital front door. Here’s what you need to know about these new top-level domains (TLDs) and why you may want to consider using them.

The Pandemic Changed How We Spent Our Time



https://www.nytimes.com/interactive/2021/07/27/business/economy/covid-parenting-work-time.html

The Pandemic Changed How We Spent Our Time Minute-by-minute data offers a glimpse of how we suddenly adapted to a different way of living in 2020 — and how those changes varied greatly across groups.

Government Accounting Standards Board (GASB) proposal addresses a variety of governmental accounting issues.



https://www.journalofaccountancy.com/news/2021/jul/gasb-proposal-addresses-governmental-accounting-issues.html

GASB proposal addresses a variety of governmental accounting issues Various issues that have been identified as worthy of attention by the Governmental Accounting Standards Board are addressed in an omnibus proposed standard issued Monday.