If you run a business for a long period of time, you’re going to need to pivot or change at some point. Whether you’re changing the name or the marketing tactics you use, navigating those changes successfully is a must. Members of the online small business community have plenty of experience in this area. Read
Bill Miller Scott Mlyn | CNBC Investor Bill Miller came back with a bang in 2019, riding the stock market’s relentless rally to record highs. He also thinks there may be more gains in 2020. Miller’s firm, Miller Value Partners, posted a return of 119.5% last year net of fees, he told investors in a
With more and more student loan borrowers falling behind, it’s clear many people need a way to make their monthly bills more manageable. Enter income-driven repayment plans, which some 8 million borrowers are enrolled in. In theory, the plans are simple: Borrowers’ bills are capped at a portion of their income. Some payments wind up
Vanja Pavlovic (pictured), Michael Anders and Christopher Hoffman were hired as staff accountants at Lumsden & McCormick, Buffalo. Tommye Barie, former chair of the American Institute of CPAs, New York, was named to the board of directors of CPA.com. Friedman, New York, promoted to partner: Steve Baum, Jaclyn Dominguez, George Fanourakis, Maria Gonzalez, Grace Mak,
The U.S. and Europe are making progress toward a global pact on the taxation of digital services, with France’s finance minister, Bruno Le Maire, saying on Thursday that American officials agreed on a blueprint for negotiations. Speaking at the World Economic Forum in Davos, Switzerland, Le Maire said that Treasury Secretary Steven Mnuchin had agreed
Traders work on the floor of the New York Stock Exchange (NYSE) on January 10, 2020 in New York City. Kena Betancur | Getty Images Active portfolio managers could get some help in the battle against passive investing if a new kind of financial instrument gains traction with investors: the “nontransparent ETF.” A nontransparent ETF
If you were hoping to keep your bitcoin stash under wraps from the IRS, think again. As the 2019 tax season kicks off on Jan. 27, the taxman is expecting you to disclose whether you had any cryptocurrency transactions last year. The IRS asks the following question on the first page of Schedule 1 of
CONNECTICUT The Connecticut Society of Certified Public Accountants honored four women CPAs for Distinguished Service and three as Women to Watch at its first-ever CTCPA Women’s Awards Breakfast Jan. 22 in Cromwell. The Distinguished Service honorees were: Mary Gilhuly, CPA, executive vice president and chief financial officer at Community Mental Health Affiliates, New Britain; Marcia
Having just persuaded France to hold off on a digital tax that would hurt its biggest technology firms, the U.S. is facing a similar threat from another part of Europe. The Czech Republic is debating plans to impose one of the world’s highest levies on global internet companies — albeit as a stopgap measure —
Shannon Stapleton | Reuters Peloton Wedbush recently initiated coverage of the exercise equipment maker with an outperform rating and believes the sky’s the limit for the company. The firm called Peloton’s business an “enduring force” and is bullish on the company’s ability to hold and retain customers in its subscription business. “Today, this business is
From a 401(k) plan to pet insurance for Fido, in today’s tight labor market, workers expect far more than just health insurance from their employers. For small businesses, that’s been a problem. There are more small companies and startups than ever before yet, because of their size, these firms have traditionally been at a disadvantage when
Baker Tilly Virchow Krause has announced the recipients of its third annual Wishes campaign, wherein team members nominate nonprofit organizations to receive $10,000 donations and 40 hours of volunteer time from the firm. This year’s nonprofit recipients include ACTION-Housing, the American Foundation for Suicide Prevention, Beyond Hunger, Computer CORE, and the Moffitt Cancer Center and
U.S. Treasury Secretary Steven Mnuchin weighed in on the debate about a carbon tax in Davos, saying technological developments would make it redundant. “If you want to put a tax on people, go ahead and put a carbon tax. That is a tax on hard working people. I personally think the costs are going to
Mike Rasnic sits on the front porch of his home which is surrounded by floodwater on March 22, 2019 in Craig, Missouri. Scott Olson | Getty Images The risks of climate change are already impacting investors, with increasingly frequent climate disasters like wildfires, drought, flooding and heatwaves threatening business operations and properties across the world.
Just because the IRS is auditing fewer tax returns, don’t assume you can dupe the taxman. With much of the agency’s systems automated to spot certain discrepancies, and some parts of tax returns typically generating more scrutiny than others, the risk of hearing from the IRS still remains. “A lot of this is done by
Avalara has added 17 new certified integrations to accounting, enterprise resource planning, e-commerce, point-of-sale, mobile commerce and customer relationship management software applications. Aptean Intuitive ERP is an enterprise resource planning solution designed for manufacturers in repetitive, high-mix production environments and regulated industries like electronics, medical devices and aerospace. Bolt is a checkout app for online
As an accounting professional, you know there are potential tax-related upsides and downsides for every type of business entity. It’s important to communicate those considerations to your clients to help guide them as they decide which legal business structure to form for their company. In addition to your insight, of course, your clients should also
Virgin Galactic shares have been on a blistering run and analysts see a variety of factors driving the space tourism company’s stock momentum, from investor excitement about space to speculation about the company’s valuation. “Lately, we are having more conversations on SPCE than any other US stock in our coverage with the possible exception of
You probably know you’re supposed to have money set aside for the unexpected. Now, a new online tool may help you figure out exactly how much you need. Created by the JPMorgan Chase Institute and based on its recent research about income volatility among U.S. households, the tool lets you sort by income and age
BDO USA LLP has united several of its technology consulting practices under a new BDO Digital business. The new digital advisory business is focusing on services such as data governance, cybersecurity, data privacy, data analytics, IT outsourcing, application development, cloud deployment, IT managed services and a variety of others, according to Stephanie Giammarco, a partner
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