Whether or not Congress unanimously decides on a plan to raise the debt ceiling, one thing is certain: federal spending needs to be cut substantially over the next decade. The amount of cuts will be based solely on which plan Congress decides to implement (if they ever reach an agreement). But government spending cuts might not produce..

Less than a week to go until our country self-destructs in a financial massacre. It seems like only yesterday I was writing about the August 2 deadline and how government officials better get their act together to come up with a plan before we default. I honestly thought they would have figured something out by..

Need to send a package? No problem, head over to your local post office and—wait. What happened to it? If you live in an area with more than one post office in a 2-mile radius, beware– your post office could get the boot.  About 3,700 post offices around the country are predicted to shut down..

In a typical lease negotiation, the parties, the attorneys and the brokers focus only on the key financial aspects within the lease document.  However, there are subtle and seemingly innocuous clauses that can cost the tenant a pretty penny long after the lease has been signed.  Here’s a quick list of 5 Dangerous Lease Clauses:..

In the last installment of our 5 part new FASB series, I’ll outline the new procedures for balance sheet offsetting, revenue recognition, comprehensive income and multiemployer pension plans. Once again, I want to congratulate you on making it through the arduous task of reading about these changes—and don’t worry, if your eyes glazed over or..