The well-telegraphed heat wave in economic activity is underway. Most key economic data for March exceeded expectations, punctuating a quarter that turned out to be considerably stronger than anyone predicted earlier in the period. Importantly, the mercury is poised to go higher in the second quarter, thanks to another round of government stimulus and the accelerated pace of vaccinations that is bringing the pandemic closer to an endgame. Health officials in the U.S. now expect herd immunity, wherein 70-80 percent of the population receives a shot in the arm, to be reached about the middle of the year. That’s about three months earlier than these experts were predicting a few months ago. April 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