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More than half of chief financial officers see the potential for a significant impact on their business operations, according to a new survey from PwC. Original Article Posted at : https://www.accountingtoday.com/news/cfos-experiencing-wide-impact-from-coronavirus
Read MoreIt’s a devastating fact: More than a million Americans could die from the novel coronavirus. But we can prevent this catastrophe through simple measures like sleeve sneezing, washing our hands, and staying home when we’re sick. The problem is, nearly everyone goes to work when they’re sick. We need to fix that. Consider this scenario. Monica…
Read MoreI’ll admit that a month ago, I thought COVID-19 was going to be another overblown SARS or MERS or even H1N1. I talked about it with my friends in the medical field, and we had a bit of a “been there, done that” attitude. But I was wrong, and in the time since, I’ve educated…
Read MoreLast Friday, March 13, the stock market ended the week with a nearly 10% gain. As I write this on Monday morning, it’s down 10%. What’s an investor supposed to do in a market like this? Buying at market bottoms can make you a lot of money. During the Great Recession that began in 2007,…
Read MoreI have evidence that I am a victim of gendered language. One of my teaching evaluations from a national course once said, “If you look up the definition of the word ‘perky’ in the dictionary, you will find a picture of Jennifer Hunt.” One of my old performance reviews says, “Dr. Hunt is aggressive.” Even…
Read MoreUpdated on March 16th, 2020 by Bob Ciura Spreadsheet data updated daily The Dow Jones Industrial Average is an index of 30 large-cap stocks that was first calculated in 1896. The index was originally focused on industrial stocks, but currently contains 30 businesses from a variety of sectors and industries. The Dow is typically used…
Read MoreLast Saturday, the U.S. House of Representatives passed a bill (reportedly pending some potential technical changes) to help aid those affected by the current coronavirus crisis. The bill, the Families First Coronavirus Response Act, would expand federal medical leave, create an emergency paid sick leave requirement, and provide tax credits against employer-side payroll taxes to…
Read MoreThe U.S. Chamber of Commerce called Monday for a three-month cancellation of all payroll taxes paid by employers to address “a sudden and sharp drop in demand” facing businesses due to the coronavirus pandemic. Original Article Posted at : https://www.accountingtoday.com/articles/u-s-chamber-calls-for-payroll-tax-cut-loans-to-address-virus
Read MoreCOVID-19, the disease caused by a new coronavirus, has rapidly spread globally. The World Health Organization recently labeled COVID-19 a pandemic. Many of my pregnant patients have expressed concerns, both for themselves and their babies, about the impact of COVID-19 on their health. To answer often-asked questions about pregnancy and the new coronavirus, I’ve teamed…
Read MoreOver the last few years, concerns have been raised that the existing international tax system does not properly capture the digitalization of the economy. Under current international tax rules, multinationals generally pay corporate income tax where production occurs rather than where consumers or, specifically for the digital sector, users are located. However, some argue that…
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