To Get Rich, Be Willing To Do The Dirty Work
Debate about owning versus renting, one of the most common rebuttals against owning is not wanting to fix a toilet. The excuse is so commonly used that it has definitely become cliché. Given we know that homeowners have a median net worth ~40X that of renters, it got me wondering whether there’s something more behind the… (0 comment)

Will The IRS Ever Adopt A Flexible Filing Day?
Tom Herman, over at the Wall Street Journal posted an interesting question recently, asking “Why April 15 Has Lost Its Claim as ‘Tax Day’” Tom explained that the continuing saga of when the last day to file taxes came on a plethora of matters. Most notably what day of the week April 15 came on… (0 comment)

Phishing 101 at the School of Hard Knocks
A recent, massive spike in sophisticated and successful phishing attacks is prompting many universities to speed up timetables for deploying mandatory two-factor authentication (2FA) — requiring a one-time code in addition to a password — for access to student and faculty services online. This is the story of one university that accelerated plans to require 2FA… (0 comment)

Strategy Rules Accounting Firm Risks
Accounting firms are making the risky move and reshaping themselves as strategy consultancies, inching slowly once again away from their core attestation function and into the same mold that created the likes of Enron and Worldcom. Having dipped their toe in with IT consulting and operational consulting, and realizing the fortunes that could be made… (0 comment)

TAX SCAMS HITTING HARD THIS SEASON, IRS WARNS
The deadline to file your taxes is just weeks away, but there are various tax-related scams on the rise that could cost you thousands of dollars. Most of us know about the IRS phone scam where fake IRS agents trick people into wiring thousands of dollars. But there are other new, tax-related scams hitting hard… (0 comment)

Wall Street flat as tech gains offset weakness in banks
U.S. stocks were little changed on Friday as bank shares fell on lingering effects of the Federal Reserve’s less aggressive stance on future rate hikes, while a jump in Adobe lifted the technology sector. The S&P 500 financial sector .SPSY was off 0.82 percent, led by losses in big banks including Wells Fargo (WFC.N) and… (0 comment)