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A serial entrepreneur Aaron Sylvan who lives in New York, contrasts the circumstances to requiring to hire both a carpenter and an architect when building a house. An accountant can analyze the big picture of your financial situation and offer strategic advice as he/she produces key financial documents, like profit-and-loss statement, if needed, and files a company's taxes. An accountant can also act as an outsourced chief financial officer, advising an entrepreneur on financial strategies, like whether to secure a line of credit against receivables when introducing new products after tax season is over On the contrary, a bookkeeper's jobs are the day-to-day hands-on tasks: making sure new employees file all the right paperwork for the company's payroll, submitting invoices (promptly) and following up on them, and paying the bills. The bookkeeper also tracks company expenses or company financial statements and can assure that every cost has been entered - and recorded correctly - into software like QuickBooks so that the business is ready for tax time along with filing any other reporting to, say, creditors or investors. "I don't keep receipts; they're a pain," says Sylvan, who runs Sylvan Social Technology, an ecommerce-services company. "Every month I get a bank statement with a gazillion transactions," such as taxi rides, meals, conferences and other expenses he has placed on his company's debit card. He said his bookkeeper spends a few hours a week sorting it all out. Consequently, Sylvan has a better idea about how his expenditures stack up in opposition to his budget. He is certain he won't bill clients wrongly or miss important payments. "Knowledge is power," even when it comes to the small details, Sylvan says. "If you don't have a bookkeeper, you're probably not being as strategic as you could be in how you spend your money." When to Bring in a Bookkeeper Sylvan has typically hired a bookkeeper for a few hour

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What is a stock dividend? A stock dividend is the payment a trader obtains from the company he/she is presently investing in. The company pays the dividend from the earning it acquired within its financial year. Hence, if the company does not make a profit, dividends are not likely to be given to the investor. The dividend is generally paid in two parts, an interim and a final dividend. This means an investor who has shares in a company for one year; he or she will ordinarily obtain two lump sum payments annually (most often as cash payments). To collect a dividend, you must have the stock before the ex-dividend date. The dividend is given to the investor on the payment schedule set by each individual company. The dates can be obtained from a company's official website in the investor relations section.

Is there anything that big government does well? I mean sure, our military Is really pretty practiced at breaking things and shooting people; which (I guess) explains why they are being sent to fight Ebola. (If that logic escapes you, don't worry… I think a lot of us feel that way.) And yeah, the IRS Is pretty good at separating me from my hard-earned money; but, then again, so Is liberals. We on the right have been asking it for decades… And we still haven't been able to solicit a single honest answer from defenders of of the state. In fact, satire, sarcasm, and a little incredulity, Is the general response from our esteemed colleagues on the other side of the ideological divide.

Often at the start of a new year, one of our most popular resolutions is to become more financially stable and responsible. Overspending and overextending ourselves often comes from a place of lack and not feeling as if we have enough. It is an emotional issue as much as a material one. Sometimes we feel as if by controlling and increasing the material volume of lives, we feel more abundant. Not only is this not true, it has the opposite effect. The more we spend our money in non-constructive ways, the worse we feel and the more we spend to feel better. Vicious cycle much? Money is a deeply personal subject and financial circumstances vary greatly from individual to individual and family to family. There are no one-size fits all rules regarding money but there are some general tips that work well for most people. For more useful reference: http://corlissonlinegroup.com/ http://corlissmag.livejournal.com/ https://foursquare.com/corlissgroupmag

Janet Yellen said in prepared remarks to be delivered in a confirmation hearing on Thursday that the Federal Reserve helped restart the economy after the recession, but still there's more work to be done. "We have made good progress, but we have farther to go to regain the ground lost in the crisis and the recession," reads the statement. Yellen is at present serving as vice-chair on the Federal Reserve Board, she is nominated by President Obama to succeed Ben Bernanke as head of the central bank. Bernanke's second term ends January 31, and in spite of the protests from a few Tea Party members, Yellen is mostly anticipated to be long-established for the position before then. Ten in the morning Eastern, Thursday, her hearing before the Senate Banking Committee is scheduled.

Economist: U.S. labor market recovery is a fraud http://www.bizjournals.com/jacksonville/news/2013/10/02/economist-us-labor-market-recovery.html University of Central Florida economist Sean Snaith has this to say about the current labor market recovery: It's a fraud. That's because there's more to assessing economic recovery than just monthly payroll job gains and a declining unemployment rate, he said. "You need to look at the number of jobs being created in the context of the potential number of workers in the U.S. economy," Snaith said. "The gap between payroll employment and the Congressional Budget Office estimates of the potential number of workers in the U.S. economy is pretty darn scary right now." If payroll job growth were to persist at the average level of the past three jobs reports and increase at just 148,000 jobs per month, it would take until December 2021 for employment to reach its CBO estimated potential, he added. In his 2013 third-quarter U.S. forecast, Snaith explains that by just focusing on the unemployment rate, many analysts erroneously are predicting a fast recovery that's simply not there yet. That's why it's not surprising that consumers are holding back on spending, which in the past has brought the economy out of the doldrums, he said. Snaith was only one of four national economists to predict that the federal Reserve Bank would continue to funnel billions of dollars into the market on a daily basis as a way to help stimulate the economy and not begin tapering that process until 2014. "Will the Federal Reserve's exit be more like Ginger Rogers gliding across the dance floor or Miley Cyrus awkwardly twerking remains to be seen," Snaith said. "But given the phony labor-market recovery it could be some time before the Fed hits the dance floor." More Related Article: http://www.wattpad.com/25728832-the-corliss-group-stocks-surge-past-economic http://www.yellowbook.com/profile/corliss-group-the_1855

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The World Bank's most recent Global Economic Prospects (GEP) report, released this week, says a global economic recovery is underway, underpinned by strengthening output and demand in high-income countries. Global GDP growth in 2014 will be 2.8 percent and it is expected to rise to about 4.2 percent by 2016, according to the report, which the World Bank publishes twice a year. Average GDP growth in developing countries has reached 4.8 percent in 2014, faster than in high-income countries but slower than in the boom period before the global financial and economic crisis of 2008. Demand side stimulus or supply side reforms? The global economic slowdown that struck in 2008 was caused by a financial crisis that resulted in large part from the bursting of an enormous, fraud-ridden mortgage lending bubble in the US. The crisis led to varying responses in different countries. The GEP report's authors said that in general, developing countries privileged demand stimulus policies over structural reforms during the past several years. For example, in 2008 to 2009, China implemented a four trillion-renminbi ($586 billion) stimulus program as a direct response to the slowdown in global trade caused by the global financial crisis. Critics pointed to over-investment in China as a risk to continued fast growth. The country is now struggling to contain a real estate bubble of its own. The World Bank wants China and other emerging countries to refocus on structural reforms. "A gradual tightening of fiscal policy and structural reforms are desirable to restore fiscal space depleted by the 2008 financial crisis," the bank's chief economist, Kaushik Basu, has said. "In brief, now is the time to prepare for the next crisis."