Record stock market performance and a strong labor market have bolstered Americans' personal financial satisfaction to an all-time high. Here's how to make sense of the latest AICPA quarterly Personal Financial Satisfaction index -- and how its results could affect financial goals.
The FICO 10 credit scoring model accounts for consumers' debt levels. Estimates suggest that about 110 million consumers will have scores change by fewer than 20 points and that 80 million consumers will experience a change of at least 20 points.
The Internal Revenue Service has issued procedures that let qualifying former US citizens who have relinquished or current US citizens who plan to relinquish US citizenship comply with US income tax and reporting obligations without paying unpaid taxes and penalties. To qualify, failure to comply must be nonwillful.
Consulting is an attractive career option for experienced finance professionals who can provide valuable judgment to clients.
Microsoft is adjusting operations to be carbon negative by 2030 -- that is, the company will emit less carbon than it takes out of the environment. Microsoft has a range of tools to do this, including technology not yet commercially available.
"Data Privacy Day (Jan. 28) is an opportunity to step back and assess our awareness of this fast-evolving risk," writes Jim Pelletier, IIA vice president of standards and professional knowledge. Pelletier offers six data privacy predictions for 2020.
Americans' financial satisfaction hit an all-time high in the fourth quarter, according to the AICPA's Q4 2019 Personal Financial Satisfaction Index. Stock market gains, coupled with declines in underemployment and loan delinquencies, lifted the index to new heights.
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