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Plug Power Inc.’s accounting errors sent shares of the fuel-cell maker plunging on Wednesday, dragging down its peers.]] Original Article Posted at : https://www.accountingtoday.com/articles/plug-power-rocked-by-accounting-errors-after-1-400-surge
Read MoreSyndicated conservation easement deals cheat the IRS out of an estimated $250 million by overvaluing deductions. ]] Original Article Posted at : https://www.accountingtoday.com/articles/tax-fraud-on-green-land-spurs-crackdown-the-irs-hates-these
Read MorePresident Joe Biden said anyone earning more than $400,000 a year would see a tax increase under his forthcoming economic program, highlighting the administration’s plans to address inequality in part through levies on the wealthy. ]] Original Article Posted at : https://www.accountingtoday.com/articles/biden-vows-to-raise-taxes-on-anyone-earning-over-400k
Read MoreCompanies that pay their chief executives at least 50 times more than the typical employee would face higher taxes under a new bill offered Wednesday by Senators Bernie Sanders and Elizabeth Warren. ]] Original Article Posted at : https://www.accountingtoday.com/articles/sanders-warren-want-to-raise-taxes-to-rein-in-excessive-ceo-pay
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Florida headquartered insurer Universal Insurance Holdings now looks likely to secures its first catastrophe bond, the Cosaint Re Pte. Ltd. (Series 2021-1) transaction, with pricing below the low-end of initial guidance, adding another cat bond deal to the list of those pricing down. As we said earlier today, every property catastrophe bond issued or priced…
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Photo by Minerva Studio / Shutterstock.com A lawsuit filed against the largest chain of senior living facilities in the U.S. raises new questions about the reliability of the federal government’s star ratings for long-term care facilities. California prosecutors have sued Brookdale Senior Living, accusing the company of manipulating the rating system. The lawsuit says Brookdale…
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On Friday morning, I will receive an email that tells me where I will go for residency. I have spent most of the last year preparing for this email. Over the summer, I completed my sub-internships where I hoped to impress members of my chosen field (psychiatry) and secure letters of recommendation. On my consult-liaison…
Read MoreThe Treasury Department and Internal Revenue Service have distributed more than half of the $410 billion in stimulus payments to individuals that Congress approved earlier this month. ]] Original Article Posted at : https://www.accountingtoday.com/articles/u-s-treasury-has-sent-out-242b-in-stimulus-checks-so-far
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Obsession Capital’s annual letter for the year ended December 31, 2020. Q4 2020 hedge fund letters, conferences and more Dear Partner: Summary of Financial Performance Despite the huge uptick in volatility in 2020 and the subsequent crash in prices of equities as well commodities, the S&P 500 ended the year with a handsome 18.40% annual […]
The post Obsession Capital 2020 Annual Letter appeared first on ValueWalk.
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The price guidance has been lowered for Tokio Marine & Nichido Fire Insurance Co’s fifth Kizuna Re catastrophe bond, making the $150 million Kizuna Re III Pte. Ltd. (Series 2021-1) transaction the latest to see its pricing fall during marketing. Every property catastrophe bond issued or priced so far in 2021 has seen its pricing…
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