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Payroll companies need guidelines on how to implement President Trump’s executive order before they can start processing paychecks next month. Original Article Posted at : https://www.accountingtoday.com/news/payroll-processors-await-irs-guidance-on-tax-deferral
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“It’s maddening to see the differences in health outcomes between the rich and the poor. Even more unsettling is reflecting upon the psychological pain accumulated when living in a fad-obsessed materialistic comparison-creating society, the postponed dreams, and the day to day compromise that those with less have to endure – thoughts that may be far…
Read MoreThe White House isn’t considering an executive order to carry out President Donald Trump’s call for a cut in the capital gains tax because Congress probably would have to change the rate, administration officials said. Original Article Posted at : https://www.accountingtoday.com/articles/mnuchin-kudlow-say-congressional-vote-needed-for-capital-gains-cut
Read MoreInternal audit departments are slowing down the adoption of next-generation technologies, such as artificial intelligence and machine learning, according to a new survey. Original Article Posted at : https://www.accountingtoday.com/news/internal-auditors-losing-ground-on-digital-transformation
Read MoreIn its search for revenue to fill in budget gaps, Nevada is considering a mining tax increase through a constitutional amendment. Two resolutions with competing tax plans (AJR1 and AJR2) passed both chambers without amendments on August 2nd, within three days of when they were initially introduced. The legislature adjourned on August 6 without scheduling…
Read MoreThe American Institute of CPAs has created a set of questions and answers to help practitioners deal with some of the issues related to preparing and auditing financial statements for health care providers amid the novel coronavirus pandemic, including the Paycheck Protection Program. Original Article Posted at : https://www.accountingtoday.com/news/aicpa-offers-guidance-on-accounting-and-auditing-for-health-care-clients-during-coronavirus
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One commonality amongst all reporting associated with the COVID-19 pandemic: “unprecedented.” Unprecedented circumstances, unprecedented symptomatology, unprecedented prevalence, and now, unprecedented velocity. “300 million doses of a safe, effective vaccine for COVID-19 by January 2021”—the project: Operation Warp Speed. On January 20, 2020, the first case of COVID-19 was reported in the United States; fast forward to July 2020…
Read MoreNow that the presumptive Democratic presidential ticket will be former Vice President Joe Biden and California Senator Kamala Harris, many will remember the two squaring off in the primary run-up on such issues as healthcare, taxes, and criminal justice reform. What tax policy ideas did Harris propose along the campaign trail, and how do they…
Read MoreAs I’ve written previously, the question of whether business interruption provisions in commercial property insurance apply to COVID-19-related losses has become a major topic of debate during this pandemic. Suits have been filed seeking to establish that policyholders are entitled to coverage for such losses – even when losses associated with infectious disease are specifically…
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CNBC exclusive: CNBC transcript: WarnerMedia CEO Jason Kilar speaks with CNBC‘s “Squawk Alley” today Q2 2020 hedge fund letters, conferences and more WarnerMedia CEO: ‘Not at all’ worried about the success of HBO Max JULIA BOORSTIN: A MAJOR OVERHAUL OF WARNERMEDIA, INCLUDING THE OUSTING OF TWO HIGH PROFILE EXECUTIVES WHO WERE TASKED WITH […]
The post WarnerMedia CEO Jason Kilar “Not At All” Worried About HBO Max appeared first on ValueWalk.
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