What Is The Impact Of President Trump’s Tariffs on Steel To The Real Estate Industry?

What Is The Impact Of President Trump’s Tariffs on Steel To The Real Estate Industry?

Then President-elect Donald Trump on November 25, 2024 announced on his social media account his intention to impose  25% tariffs on materials coming from China and Mexico. This is not out of the ordinary, as President Donald Trump’s trade policies have long emphasized protecting American industries through tariffs. As new tariffs are proposed, targeting steel,…

Is DEI Hurting US Companies?

Is DEI Hurting US Companies?

Diversity, Equity, and Inclusion (DEI) initiatives have gained significant momentum across corporate America in recent years. These programs aim to create more diverse workplaces, ensure equitable opportunities, and foster inclusive environments.  While many companies have embraced DEI as a pathway to innovation, employee satisfaction, and social responsibility, some critics argue that these initiatives may inadvertently…

Will Accountants Go Extinct in the Next Decade?

Will Accountants Go Extinct in the Next Decade?

With technology advancing at lightning speed, it comes as no surprise that people are wondering if certain jobs might disappear, and accounting is often part of that conversation.  Automation, artificial intelligence (AI), and cutting-edge accounting software have completely changed how businesses handle their finances.  But does this mean accountants will be out of a job…

What Is A Single Member LLC?

What Is A Single Member LLC?

A Single Member Limited Liability Company (Single Member LLC or SMLLC) is a business structure that combines the simplicity of a sole proprietorship with the liability protection of a corporation.  As the name implies, a Single Member LLC is owned by one individual or entity, making it a popular choice for entrepreneurs, freelancers, and small…

The Top 3 Most Read Accounting Stories of 2024

The Top 3 Most Read Accounting Stories of 2024

It’s here! 2025, and while we are all looking forward to having a great year, it is always nice to look back on the year that was. The accounting world in 2024 has been marked by important changes, groundbreaking technologies, and compelling narratives that shaped the industry. From regulatory overhauls to innovations driving efficiency, these…

Has the Use of AI in Business Reached Its Peak?

Has the Use of AI in Business Reached Its Peak?

Artificial Intelligence (AI) has become an integral part of modern business operations, transforming industries and redefining how companies approach efficiency, innovation, and decision-making. These days, companies feel that if you are not using AI, then you will be left behind. AI has proven itself to be a cornerstone of digital transformation. But as AI technologies…

What Is The Future Of Remote And Hybrid Work In Accounting?

What Is The Future Of Remote And Hybrid Work In Accounting?

What Is The Future Of Remote And Hybrid Work In Accounting? The accounting profession has seen a dramatic shift in recent years, with remote and hybrid work becoming the new norm. Accelerated by the COVID-19 pandemic and powered by advancing technology, these work models have evolved from temporary fixes to permanent changes. So, what does…

Are Machines Taking Over Accounting?

Are Machines Taking Over Accounting?

Few industries today remain untouched by the transformative power of automation and artificial intelligence (AI). Accounting, long associated with painstaking manual work and detailed calculations, has undergone a remarkable shift as technology automates tasks once reserved exclusively for human hands.  But does this mean machines are taking over the profession entirely? Or are they redefining…

Job Costing and Budgeting: A Critical Component of Business Success

Job Costing and Budgeting: A Critical Component of Business Success

Job costing and budgeting are vital components of business management that ensure projects are completed within financial constraints while maintaining profitability. Both processes are especially critical in industries like construction, manufacturing, and services, where accurate cost estimation and financial planning are necessary to avoid overruns and ensure smooth operations. In this blog, we will dive…

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