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Wirecard AG filed for insolvency, the culmination of a stunning accounting scandal that led to the arrest of its CEO and left the German payment-processing firm unable to find over $2 billion missing from its balance sheet. Original Article Posted at : https://www.accountingtoday.com/articles/wirecards-wild-week-finally-ends-in-insolvency-filing
Read MoreTop Democrats in the House and Senate are backing a measure that would deny coronavirus aid to companies that moved their official headquarters offshore to avoid U.S. taxes. Original Article Posted at : https://www.accountingtoday.com/articles/democrats-want-to-block-stimulus-for-companies-moving-offshore
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The Federal Trade Commission and Small Business Administration are warning about Paycheck Protection Program (PPP) loan promises made by companies touting a special relationship with the SBA. The FTC and SBA sent letters to six companies that have made promises that they could accelerate the PPP loan process to order them to stop. Q1 2020 […]
The post FTC: Beware empty PPP loan promises appeared first on ValueWalk.
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I have chronic lymphocytic leukemia, and I do not want anyone to infect me. Because of my leukemia, I have low immunoglobulin levels, so I am extremely cautious. If I were to become infected, it would mean that I did something to put myself in danger. We have been telling people for the last three…
Read MoreOriginally published by Liz Hund on Bankrate.com. The U.S. economy has started to show some signs of life again. Employment is on the rise and businesses across the country are starting to reopen, but sadly, the fight against COVID-19 still has a ways to go. Nonetheless, the coronavirus pandemic has sparked one of the sharpest…
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Coinbase is one of the world’s best-known cryptocurrency exchanges and the largest such entity in the United States. Founded in 2012 in San Francisco – virtually a lifetime ago given the pace at which the industry moves – Coinbase has generated around $2 billion in transaction fee revenue since its launch, making it one of […]
The post The Decline of Coinbase Has Opened the US Market appeared first on ValueWalk.
Read MoreTaxpayers who are owed a refund may also get a second check this year if they took advantage of the July 15 extended filing deadline, according to the Internal Revenue Service. Original Article Posted at : https://www.accountingtoday.com/articles/procrastination-may-pay-this-tax-filing-season-irs-says
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The Mortgage Refinance For First Responders First Responders, including firefighters, police officers, EMTs and nurses, put their lives on the line every day on the front lines, in all types of environments. They work in rain and snow, and blistering heat. They provide help to people in natural disasters. They are the people that you…
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“Can I get a hug?” It’s a simple question for a simple act that’s been especially missed because of COVID-19 distancing. “Human beings need social contact,” says Dr. Eugene Beresin, executive director of The Clay Center for Young Healthy Minds at Massachusetts General Hospital, and professor of psychiatry at Harvard Medical School. “We are not…
Read MoreA recent Brookings Institution study points out that “even before the COVID-19 crisis, housing affordability and instability were serious problems.” The study outlines a number of goals and strategies for increasing the supply of affordable housing, including federal subsidies, low-cost loans, and grants. These may well be viable solutions, but what is missing are policies…
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