Eckhoff Accounting News & Resources
November 12, 2018
SERVICE SECTOR KEEPS BOOMING
At a lofty October mark of 60.3, the Institute for Supply Management’s non-manufacturing purchasing manager index was a bit lower than the record 61.6 reading seen in September, but it also beat the 59.3 consensus forecast from Refinitiv.
The Tax Cuts and Jobs Act (TCJA) has enhanced two depreciation-related breaks that are popular year-end tax planning tools for businesses. To take advantage of these breaks, you must purchase qualifying assets and place them in service by the end of the tax year.
November 5, 2018
HIRING SURGED LAST MONTH
The Department of Labor’s latest employment report painted a picture of a thriving economy. Payrolls expanded with 250,000 net new hires in October, with wages improving 3.1% year-over-year (that was the best 12-month wage increase in nine years).
We are pleased to announce that EAC and EWM are featured in the November issue of NorthBay biz magazine. The feature article, “A Winning Combination,” tells the story of how and why our managing partners Michele Hassid (EAC) and Bruce Frankel (EWM) joined forces to launch an integrated business model of a full range of financial services under one roof.