Your Look At Things You Need To Know For Your Monday

As you face your day, Smile Often, Think Positively, Give Thanks, Laugh Loudly, Love Others ,Dream Big, Remember, Life is like a Camera, Focus on What’s  Important, Capture The Good Times, Develop From The Negative and If Things Don’t Work out, Take Another Shot. Difficult Roads Often Lead To Beautiful Destinations.

Many find that their anxiety levels will go up when they watch cable news, which causes many to avoid cable news or information that would otherwise help or hurt our society. ” The Government of the people, by the people, shall not perish from the Earth.” Abraham Lincoln.

Stay engaged in the business of OUR SOCIETY, take a break if you get overwhelmed. But equipped yourself with information so that you can make a educated decision that will impact OUR SOCIETY in a positive way. TAKE A BREAK, BUT,  Don’t Quit.

here’s what you need to know to Get Up to Speed

Afghanistan

What a violent month it’s been in Afghanistan. Over the past couple of weeks, militants have attacked the Intercontinental Hotel in Kabul, the offices of British aid agency Save the Children in Jalalabad and a Shia cultural center in Kabul. Over the weekend, they packed an ambulance with explosives and blew it up on a crowded Kabul street, killing more than 100. And early this morning, they hit a military base in Kabul, killing 11 soldiers.

This is the painful reality of Afghanistan today. The country’s in one of the most violent periods of its recent history, and its challenges are deepening. But the sense of exhaustion, of solutions long having lost their sparkle, pervades. According to the US government’s own auditors, the Taliban influence or control about half the land. ISIS too, intermittently rises, and then, after coalition airstrikes, falls — competing to be the most extreme actor in a crowded marketplace. The government in Kabul is weak, ridden by conflict and rivalry between senior players. And the West’s ideas for stabilizing the country are running out.

State of the Union
President Trump wants to use his first State of the Union address tomorrow to pitch his immigration plan, which has gotten the cold shoulder from both Republicans and Democrats. The plan offers citizenship to 1.8 million undocumented immigrants in exchange for $25 billion for Trump’s border wall and other immigration measures. The President is also expected to talk up the economy and the GOP tax cut. Some lawmakers plan to wear black to the speech to draw attention to the #MeToo movement.
Freedom of the press
Strongmen in Southeast Asia are taking Donald Trump’s signature line  — “fake news” — and using it to not only discredit the media but to also lock up journalists and shut down news sites. A Philippine news site, which ran afoul of President Rodrigo Duterte, may close. A pair of journalists in Myanmar arrested for reporting on the Rohingya. There’s little criticism of these heavy-handed tactics from Washington or Trump, so Asia’s dictators are emboldened, observers say.
Fitness app
A fitness app’s heatmap is taking some heat because it may be endangering the troops. Strava’s app has been accused of making US military bases “clearly identifiable and mappable.” For example, if a soldiers using the app goes on a daily run, that could be available for all to see through the app. Knowing the troops’ movement on bases is a definite security risk. Strava says that it’s “committed to helping people better understand” the app’s privacy settings.
Grammys
This year’s Grammy Awards will be remembered for a lot of things: Kendrick Lamar’s powerful political opening, Kesha’s #MeToo moment, Janelle Monae’s Time’s Up speech, white roses on the red carpet. But the biggest moment of music’s biggest night belongs to … a book. Michael Wolff’s controversial “Fire and Fury” popped up in a skit that featured Hillary Clinton reading a line about President Trump’s love of fast food. The Grammy crowd roared; Twitter lit up. But not everybody loved it. Nikki Haley, the US ambassador to the UN, said the “Fire and Fury” stunt ruined “great music with trash.” Here’s the list of winners(congrats Bruno Mars), and the whole night in 90 seconds.

Hot sale
Elon Musk put flamethrowers on sale for just $500, and the internet pretty much lost its mind.

New letters
After that whole MMA thing fell apart on her, Ronda Rousey’s headed to the WWE.

Ooops, she did it again
Serial stowaway Marilyn Hartman, just days after she allegedly snuck on a flight to London, was arrested at Chicago’s O’Hare airport.

Triple threat
Hope you’re all set this week to view the supermoon … that’s also a blue moon … that’s also a blood moon. Got all that?

Furniture king
Those little weekend jaunts we all take to Ikea wouldn’t be possible without founder Ingvar Kamprad, who died at age 91.

 

House vote
The House will vote on a bill that requires allegations of sex abuse of athletes to be reported to authorities. It’s the latest fallout in the Larry Nassar case.
$530 million

The amount in cryptocurrency that hackers stole from an exchange in Japan. It might be the biggest cryptocurrency heist ever.

No, I wouldn’t say I’m a feminist

President Trump, telling Piers Morgan that he’s not solely supportive of just women, but of all people
CNN

_______________________________________________________________________________________________________

Upcoming Important Deadlines-

(411 on Business & Real Estate Taxes  )

Courtesy of Mark J Kohler, CPA, Attorney, and Mathew N. Sorensen, Attorney..

January 31st:

       – 1099 Forms Must be Issued – Give Form 1099 information statements to the recipients of certain payments you made for services during 2017. Read this important article here. This can include independent contractor compensation, interest on seller financed mortgages, rent, professional services fees, real estate transactions, profit-sharing and pension plan distributions. If you need help with 1099’s, please call Josie Stewart in our office at 435-865-5866 or reach her at josie@ke-cpas.com.  

       ALL Payroll Tax Reports Due – Issue W-2 forms to all Employee, and File Form 941 (payroll tax) and 940/944 (unemployment tax) for the 2016 tax year, and don’t forget any State Forms. If you are a K&E Payroll Services plan, we will be automatically preparing these forms for your signature.

* If you have an S-Corporation, you may need to file whether or not you made money in 2017. (Talk to our Payroll team and contact Josie at josie@ke-cpas.com).

** Make sure your health insurance payments and 401k deferral is included on your W-2 Forms.      http://bit.ly/2A1ndsX

_______________________________________________________________________________________________________

Forward Guidance

A huge week for the bond market, everyone’s long oil, and Theresa May is under pressure again.

Bonds week

The 10-year Treasury traded with the highest yields since April 2014 this morning, while the yield on the German five-year bond moved above zero for the first time since December 2015. The selloff comes as the dollar halts its recent slide ahead of a busy week for fixed-income investors. On Wednesday, the Federal Reserve may shift its language to a more hawkish tone in Janet Yellen’s last meeting as chair, according to Goldman Sachs Group Inc. Friday brings payrolls data for January, which should give the first clear view of the U.S. economy after a disappointing end to 2017.

Long oil

Hedge funds reported record wagers on continued price increases for both U.S. and global benchmark crude prices as the oil market remains a one-way bet for investors. Last week, drillers in the U.S. added the most rigs since March 2017 as oil remained close to the highest level in three years. A barrel of West Texas Intermediate for March delivery was trading at $66.10 by 5:40 a.m Eastern Time.

May day

British Prime Minister Theresa May is again under pressure from rebel members of her own party as the U.K. government seeks to find common ground on a Brexit positionahead of the start of talks on the ‘transition phase’ of the country’s exit from the European Union. She already faces calls to sack Chancellor of the Exchequer Philip Hammond after he suggested a softening of the terms of the divorce after her approach came under criticism. Analysts suggest that politics may start moving the pound lower this week following a gain of more than 4 percent this month.

Markets slip

Overnight, the MSCI Asia Pacific Index slipped 0.1 percent, while Japan’s Topix index closed 0.1 percent higher as investors waited for data this week. In Europe, the Stoxx 600 Index was 0.2 percent lower at 5:40, with consumer staples the worst-performing sector. S&P 500 futures slipped 0.3 percent, the 10-year Treasury note yielded 2.71 percent and gold was down.

Data due

While the big economic number this week is the January payrolls data on Friday, there are some important releases today. At 8:30 a.m., the core PCE deflator, Federal Reserve’s preferred inflation gauge, is published: expectations are for it to remain unchanged at 1.5 percent. Personal spending is projected to slow to 0.4 percent, with incomes rising 0.4 percent. The U.S. is expected to publish a list of Russian oligarchswith connections to Vladimir Putin later today, with the risk of increased sanctions putting pressure on that country’s bonds.

Here’s what you should read today

Bloomberg

Read Next- How To Assistance Website with WordPress Customer Help

Leave A Comment

Your email address will not be published. Required fields are marked *

Content

Name

Website

Phone