It’s shaping up to be a cold winter for the U.S. economy, as the pandemic continues to rampage throughout the nation and wreak havoc on all forms of activity that involves in-person transactions. State and local governments are tightening business restrictions and urging residents to more diligently adhere to social distancing protocols. With a new variant of the coronavirus amplifying the health crisis and the vaccine rollout falling short of expectations, conditions are likely to get worse before they get better. Covid-19 has already taken a big toll on jobs and retail sales, with both ending 2020 on weak footing. January 2021 Economic and Financial Digest

Keeping the Right Records: A Guide to Post-Tax Filing Document Retention
You’ve just finished filing a tax return. With a sense of relief, you set aside a copy of your return and your supporting documents. But