Honkamp, P.C.’s Post

6 quick reasons to check out our latest client newsletter (if you haven't read it already) 1.) Tips on when businesses should act after a new federal filing requirement went into effect 2.) News about the IRS delaying tax deadlines for most of Iowa and 15 Missouri counties 3.) Details about a new law that boosts the tax benefits of Iowa 529 plans 4.) An update on the sunset for QuickBooks Desktop 5.) A look at how a software enhancement boosted a manufacturer's operations 6.) A bunch of examples of how Honkamp is thriving, with continued growth and top-notch staff

Capital markets are the fulcrum of wealth creation. Understanding the United States’ capital markets begins with exposure. Parents, teachers, community leaders and staff of youth-serving organizations should attend these CLIMB Stock Market Experience virtual informational open houses.

Shout out to our Summer '24 intern, Carson Harof on his jump yesterday! Let CWP take your financial plan to new heights this year! #financialplanning #investing #financialplan

😎 Ready to maximize your trades this #summer? Join CT James C as he shares #trade review tactics, essential knowledge, and strategies for self-improvement during the slow season. Watch the Trading Tip here: https://lnkd.in/ga6X3Q47

CA Shapiro Credit Unions, if you attend one event this year, this is the one you can't miss!! Join me at the Shapiro Summit 2024 - LEGACY!, where we delve into the past, present, and future of Shapiro-sized Credit Unions. • Explore our origins and the foundational practices that have shaped our industry.  • Take a look at the current financial climate for credit unions, which will provide critical insights into today's economic landscape.  • Be guided through navigating the evolving legislative environment and its impact on credit union income statements by leveraging historical strategies.   • Take away tips on how to prepare a path for proactive talent acquisition through innovative internship programs featuring testimonials from students who have benefited from credit union internships.  • Wrap up the Shapiro Summit by transforming your learning into actionable strategies and take home connections you can reach out to year round.  Don’t miss this chance to connect, learn, and enhance your Credit Union’s legacy! Click here to view speakers, agenda and more.  https://cvent.me/zQ8KEa

Confidence is Key! Watch below for a summary of our findings from our 2024 Northern Nevada Business Confidence Survey! Created and carried out by Street's Summer 2024 intern William Ramous, this report details the main concerns of business owners in the area and the general market sentiment. To read the full report on our website, click here: https://lnkd.in/gRWARhxg #surveydata #commmercialrealestate #businessconfidence #marketoutlook

Good morning. It's Wednesday, Aug. 7, Markets: Stocks seesawed up yesterday, making back some of the ground lost to Monday’s sell-off. Analysts say the market could remain volatile until September when the Fed is widely expected to cut interest rates—barring an emergency cut before then. One of the day’s big winners was Uber, which revved up after smashing Q2 revenue expectations thanks to unexpectedly strong consumer demand. A lot of you bought the dip. One day after the S&P 500’s worst session since 2022, stocks got off the schneid and partially rebounded, putting fears of a recession on hold. Tuesday started well, with Japan’s Nikkei—which had cratered on Monday—logging its best day since 2008, giving US investors some positive mojo. From there, US stocks, including Magnificent Seven stalwarts like Microsoft and Nvidia, and both major cryptocurrencies, moved up. “Get used to the volatility,” one Bank of America analyst told Bloomberg. The S&P 500 is still up over 10% this year despite this week’s turbulence. Global markets rebound with optimism. The consensus among global money managers a day after turbulence rocked markets and the S&P 500 fell 3% is to remain calm, reports Sophie Baker. While an elevated volatility index indicates rough seas ahead, the stock market drops “must be seen in the context of exceptionally strong equity markets since October 2023 and a correction is perfectly healthy and normal,” said Simon Webber, head of global equities at Schroders. “The bottom line is that equity markets were vulnerable to a correction but company fundamentals are decent and heightened volatility is an opportunity for repositioning where dislocations occur,” he said. Microsoft joined CrowdStrike in firing back at Delta, saying the airline turned down its offers to help with the fallout of last month’s massive IT outage. Axios, the news site known for its brevity, laid off 10% of its staff, citing “changes in the media business.” Elon Musk’s X accused advertisers of boycotting it. The social platform claimed a major group of advertisers violated antitrust laws by coordinating the effort. Disney raised prices for its streaming services again. The price hikes will affect Disney+, Hulu, and ESPN+. A 36-year-old trademark lawyer created the domain HarrisWalz.com — four years ago. The same lawyer sold the domain name ClintonKaine.com in 2016 for $15,000, and he wants to make a similar sum this go-around. "There is no easy or quick or infallible approach to a secure peace. It is only by patient, persistent, undismayed effort, by trial and error, that peace can be won." - Ralph Bunche

Join me and Dr. Wayne Combs this Tuesday for a discussion of technology governance. This is an interactive series!

In our third Interns Guide of 2024, we look to demystify trading. What is a bid, offer, spread, mark-out, opportunity cost and adverse selection? We show why most trading decisions are trade-offs between trade cost and execution speed. We also look at how that, combined with an understanding of how fragmentation works, affects how brokers build algorithms to work large buy-side orders to keep their trading costs down: https://lnkd.in/eyue-7tK #MarketMakers