Industries That Generate High Profit Margins

high profit margins

Whoever invented Doritos was a genius. I love my Doritos, and I’d be willing to pay more for them, if necessary. How much more? I’m not sure, but if the price went up 50 cents for a bag, I might be able to live with it. We all have products… Read more »

What is the Hardest Truth of Economics?

Complexity can kill. I saw it 20 years ago, and I’m seeing it today, and it’s one of three hard truths about economic and finance. Here’s what I mean: So I was working out at the gym last November, and CNBC had yet another story on Coinbase, which is a… Read more »

8 Knowledge Areas Every Accountant Needs to Know in 2018

Areas of Interest for accountants

The technological and regulatory climates are changing, accountants today require an understanding of standard practices as well as new areas of knowledge. Accounting is not a new profession. However, with continual technological advances, it’s important that today’s accountants have extensive knowledge about standard practices as well as expertise in new… Read more »

Phishing for Employee Tax Information

  What it is and History Identity thieves are trying to obtain personal information in order to misappropriate personal identifying information and steal from the victims. A phishing scheme that was popular in 2016, and that will probably be tried in 2017 is spoofing organizations for payroll records. The Treasury… Read more »

Child Identity Theft: What is it, how to detect it, and how to Prevent it

Child identity theft occurs when the fraudster steals the identity of a person under legal age, which in most states is 18 years old. The criminals want to get the child’s Social Security Number so they can use that to create a new “stolen” identity. The most common type of… Read more »