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SJ Biz 119 Economic Forecast - v2 - FINAL_Layout 1 1 / 17 / 19 1 : 17 PM Page 1 2019 BUSINESS AST FOREC SOUTH JERSEY BIZ 34
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SJ Biz 119 Economic Forecast - v2 - FINAL_Layout 1 1 / 17 / 19 1 : 17 PM Page 2 WELCOME TO 2019 . By the time this article goes to print the new year will be at least a few weeks old and still young enough to lend itself to a fresh perspective and optimism for the coming months . That is , once the government shutdown is finally settled and allows for positive forward progress , of course . “ What is happening now is overshad - owing everything [ positive that could be happening in the economy ] , ” says Jo - Ann Weiner , EA , CFE , NTPI Fellow , of J.L . Weiner and Associates . “ It just has a tremendous negative impact . I see no positives coming from not paying 800,000 people over an DESPITE extended period of time . ” While the shutdown has implications on numerous levels , as an accountant it is A ROCKY as tax particularly noteworthy to Weiner season approaches . START , SIGNS “ We’re coming into a year where the IRS has been given challenges to cope with due to the numerous changes made , ” POINT TO A she notes . “ There are tax law changes to be implemented and discussed , forms that need to be changed , revised and clarified . PROFITABLE 2019 . The IRS needs a sufficient response time to implement the massive changes . There ap - By Amanda Hamm Hengel pears to be insufficient consideration to that . ” During this period of uncertainty , Weiner adds it is important for individuals and busi - ness owners to remain vigilant and adhere to the guidelines for success they typically follow , even if the government isn’t . “ Keep a record of everything , ” she says . SouthJerseyBiz.net | VOLUME 9 ISSUE 1 | SOUTH JERSEY BIZ | 35