Can You Spare a Dime?


NUMEROLOGY

The answer would be “no” for 22% of consumers in the United States, according to a global online survey. Once they paid their basic living expenses, they had no money left over.

Other countries have the same problem, with Portugal tying the United States. Canada (19%), the United Kingdom (17%) and France (16%) all felt the pinch, as well as the Netherlands (15%), Turkey (14%) and Germany (13%). Chile and South Korea tied for the lowest percentage of pocket-poor people (12%).

Source: ACNielsen Online Consumer Confidence Study, www.acnielsen.com , 2006.

You’re Invited
Do you have an amusing story to share? We’re looking for funny or enlightening anecdotes about the CPA workday to include in Top Line. Send entries to joaed@aicpa.org .

SPONSORED REPORT

Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.

QUIZ

News quiz: IRS warning on cyberattacks and a change in pension rules

Once again, the IRS sounds the alarm about a threat from cyberthieves. See how much you know about this and other recent news with this short quiz.

CHECKLIST

Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.