VSA Accounting Services

04/07/2023

Let's get the weekend started. Friday from V.S.A. Accounting

04/06/2023

Banking Crisis: The collapse of SVB (and Signature Bank soon afterward) has left investors jittery and raised concerns about the stability of banks that aren't "too big to fail." Viewpoint via

Finance Experts Discuss the State of U.S. Banking After the Silicon Valley Bank Collapse Four finance professors talk about the ongoing risks banks face and the consequences of backstopping uninsured deposits. March 15, 2023 | by Dave Gilson Silicon Valley Bank customers speak with representatives o...

04/06/2023

Leadership: To help you transition to a new leadership role, here's an overview of organizational change and how to implement it successfully. Tips via

Change is a necessary part of leadership, but there’s often strong resistance to it. Here’s how to implement organizational change successfully.

04/06/2023

Generally, individuals are required to file a tax return for a year if their income exceeds the standard deduction for their filing status for that year. But even if they are not required to file, it may be beneficial to do so. They could be missing out on huge refunds.

04/05/2023

Identity Theft: I was floored by how easily someone could steal my phone. Story via

Verizon, Chase, and the police were all useless when my identity got hacked. Then Psycho Bunny came to the rescue.

04/05/2023

Economic Indicators: Financial activities lost 51,000 jobs and professional and business services fell by 46,000. Report via

Company payrolls rose by 145,000, down from 261,000 in February and below the Dow Jones estimate for 210,000.

04/05/2023

Wednesday Wisdom and V.S.A. Accounting = Success

04/04/2023

Housing: Of the 50 largest U.S. markets, 39 saw home prices rise in February. Report via

After falling since last summer, home prices suddenly turned higher due to lower mortgage rates.

04/04/2023

Economic Indicators: Job openings fell below 10 million February for the first time in nearly two years. Report via

Available positions totaled 9.93 million, a drop of 632,000 from January's downwardly revised number.

04/04/2023

Tax Policy: Younger and healthier Brits have created a $17.1 billion budget hole by smoking and drinking less. Insight via

Younger and healthier Brits have created a $17.1 billion budget hole by smoking and drinking less. Yet, despite this resounding piece of positive news, some see any decline in tax revenues as a public finance crisis. Excise taxes target a tax base that is intended to shrink. Less consumption is a st...

04/04/2023

Under federal law, taxpayers must pay taxes during the year as they earn or receive income, or they can find themselves falling victim to substantial underpayment penalties. Even worse, they may have spent the money, and when tax time comes are unable to pay their past taxes and spiral into financial distress.

04/03/2023

Taxpayers who can't file by April 18, 2023 deadline can request�an extension�before that deadline, but they should know that an extension to file is not an extension to pay taxes.