POSI will participate in the Boston Career Forum again this year.
Join us at the Boston Career Forum from November 15-17 at the Hynes Convention Center! Visit the POSI booth to explore CPA and consulting opportunities.
New Federal Reporting Requirement for Beneficial Ownership Information (BOI)
Starting January 1, 2024, U.S. companies must report their beneficial owners to FinCEN. The report is a one-time requirement, simple, and free. Here’s a summary:
2024 2nd Quarter U.S. Economic & Investment Market Review
In Q2 2024, the U.S. economy is set for a soft landing despite risks from elections and geopolitical tensions. Strong labor growth and gradual inflation decline are expected. While the Fed remains cautious on rate cuts, investment opportunities in global markets and alternative assets offer promising prospects for investors.
2024 1st Quarter U.S. Economic & Investment MarketReview
The U.S. is on pace for a soft landing, but risks remain – As falling inflation and rising real wages offset dwindling excess savings and tighter credit conditions, moderate consumption growth should carry the U.S. economy to a soft landing. That said, with a U.S. election on the horizon, higher policy rates and elevated geopolitical tension, risks remain that could knock the U.S. economy off its steady path.
2023 4th Quarter U.S. Economic & Investment Market Review
The assessment of the U.S. economic landscape for the 4th quarter of 2023 presents a nuanced perspective on critical factors shaping the year ahead. Exploring elements such as employment, inflation, global growth, and market performance, the analysis provides valuable insights into the complex dynamics influencing the economic and investment landscape in 2024.
Merging with Shimomura & Co., CPAs
We are announcing exciting news that POSI will be merging with Shimomura & Co., CPAs effective
January 1, 2024.
2023 3rd Quarter U.S. Economic & Investment Market Review
In an era of economic uncertainty and fluctuating market dynamics, the United States finds itself at a crossroads. The nation’s economic landscape has showcased a mix of resilience and vulnerability, with signs of optimism balanced by looming risks.
State Corporation Income Tax: Apportionment of service and intangibles
On our last episode, we discussed the basics of apportionment of Income to multiple states for companies that sell tangible products. This time we will consider companies whose business is to provide services or intangible related transaction to customers.
State Apportionment of Taxable Income
As the business grows and expands, it may create a nexus in other states, requiring the company to file tax returns in multiple states. Here, we will discuss how taxable income is allocated or apportioned in several states.
2023 2nd Quarter U.S. Economic & Investment Market Review
Despite being better than expected, the risk of an economic recession lingers for the second quarter of 2023 in the US economy and stock market. In this review, we will examine various aspects, including the labor market, inflation, Fed tightening cycle, and other countries’ economies.