Month: October 2019

Today’s map shows how European OECD countries rank on property taxes, continuing our series on the component rankings of the 2019 International Tax Competitiveness Index (ITCI). Although an important element when measuring the neutrality and competitiveness of a country’s tax code, property taxes account on average for less than 5 percent of total tax revenue
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Apple CEO Tim Cook Spencer Platt | Getty Images Apple on Wednesday evening reported stronger-than-expected earnings for the fourth quarter and analysts mostly put out glowing reviews. Yet the stock is barely higher Thursday morning. That’s because of a report on Thursday revealed China is doubtful about reaching a comprehensive long-term trade deal with the
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Companies nationwide are beginning to prioritize and focus on the advancement of women at increasing rates. In the traditionally male-dominated accounting industry, firms are working particularly hard to increase the retention of female associates and move them into leadership roles. According to the American Institute of CPAs’ latest CPA Firm Gender Survey, women only represented
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The National Collegiate Athletic Association (NCAA) recently decided to allow student-athletes to profit from the use of their name, image, and likeness, though specifics remain to be settled. In light of that decision, Senator Richard Burr (R-NC) announced he would be introducing legislation to treat student-athletes’ scholarships like income. This would be an odd divergence
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A regenerative medicine company in Vancouver, British Columbia that focuses on treatments for nerve damage and neurodegenerative diseases announced it will begin Phase 1 studies in early 2020 on a new treatment for Alzheimer’s disease. NervGen Pharma wants to advance its proprietary therapeutic technology platform, currently in development for spinal cord injury and multiple sclerosis
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We are entering the giving season when the majority of charitable donations are made. Most affluent individuals make charitable donations, but the vast majority continue to simply pay cash. That’s the most expensive and inefficient possible method to benefit their charitable causes. It’s easy to write a check or pull out your credit card, but
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Technicians build LEAP engines for jetliners at a new, highly automated General Electric (GE) factory. Alwyn Scott | Reuters General Electric continues to burn cash at its aviation business, as the grounding of Boeing’s top-selling 737 Max caused GE to delay production of engines for the aircraft. This year, GE has logged significant working capital
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If you’re like many Americans, you’ve been stockpiling bags of chocolate and nougat-based treats to share with trick-or-treaters—or, if you’re like me, to share with yourself. Generously. According to the National Retail Federation, Halloween shoppers plan to spend $2.6 billion on candy in 2019—a whopper of a number. In other words, there’s no better time
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People’s perspectives on blockchain usually fall into two categories: You believe the technology will change everything — or you believe it’s a passing fad. The reality is probably somewhere in the middle. At the recent 2nd Annual Blockchain Symposium in New York City, I highlighted three reasons CPAs should care about blockchain:
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