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IDGT’s are particularly useful estate planning tools in a low-interest-rate environment. Original Article Posted at : https://www.accountingtoday.com/news/inside-the-intentionally-defective-grantor-trust
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J2 Global Inc (NASDAQ:JCOM): Troubling Related Party Transactions, Looming Impairments And A Suspicious History Of Insider Enrichment Spanning Decades Q1 2020 hedge fund letters, conferences and more J2 is a digital media roll-up that has acquired 186 businesses since its inception. Its CEO describes the company’s “acquisition system” as its “single great competitive advantage”. We […]
The post J2 Global: A Suspicious History Of Insider Enrichment Spanning Decades appeared first on ValueWalk.
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I am writing this commentary in response to a seminal opinion piece published by Dr. Donald M. Berwick, of the Institute for Healthcare Improvement in Boston, Massachusetts, in the online edition of JAMA, entitled “The Moral Determinants of Health.“ In light of recent societal events, and the moral reckoning that our society has commenced in…
Read MoreWhen you apply for a loan, you expect the lender to pull your credit report. After all, you’re borrowing money. It makes sense that your lender wants to see what kind of risk you present. But what about other types of companies? You might be surprised to discover that, even if you’re not borrowing money,…
Read MoreRemoving the tax code’s bias against long-term investment by implementing a neutral cost recovery system (NCRS) for structures and full expensing for other assets is estimated to increase economic growth and job creation. Using the Tax Foundation General Equilibrium Model, we estimate that permanent full expensing and neutral cost recovery for structures will add more…
Read MoreWhen Joel Black succeeds David Vaudt as chair on July 1, none of the board’s seven members will have served as a state auditor or treasurer. Original Article Posted at : https://www.accountingtoday.com/opinion/incoming-gasb-chairs-lack-of-audit-experience-prompts-questions
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The COVID-19 pandemic has been stressful for all of us, and this includes our youngest children. It’s easy, and tempting, to think that infants, toddlers, and preschoolers aren’t affected by the pandemic. The truth is, though, that that life has changed for them, too — and for some of them it has changed dramatically. Even…
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Insurance and reinsurance broker Aon has elected to end the staff salary reductions it had introduced back in April, saying that “the overall macroeconomic uncertainty and downside are somewhat less significant than anticipated.” Aon had introduced a raft of pay cuts affecting its staff around the globe, as well as other expense saving initiatives back…
Read MoreThe COVID-19 pandemic is driving a sharp decline in state and local income and sales tax revenues . But history suggests that one key local…
Read MoreThe Internal Revenue Service won’t further delay the tax filing and payment deadline past July 15, despite requests to do so, the agency said Monday. Original Article Posted at : https://www.accountingtoday.com/articles/irs-says-it-will-not-extend-tax-filing-deadline-beyond-july-15
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