freemixer | E+ | Getty Images Social Security beneficiaries who do not typically file tax returns have until tomorrow to tell the government to include their dependent children in their stimulus payments.  The U.S. government is in the process of deploying one-time checks of up to $1,200 to Americans who qualify, including those receiving Social
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LEA Global, an international accounting firm association also known as the Leading Edge Alliance, has appointed Anthony Szczepaniak as its CEO. Szczepaniak most recently led the Moore North America accounting and consulting firm association. At LEA Global, he will be in charge of the association’s strategic direction and day-to-day operations, while focusing on membership best
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As a result of the coronavirus epidemic, the only thing that is on most people’s minds is their isolation and the sinking economy. This brings an anxiety which gets people feeling increasingly ungrounded. There is a growing need to counter these feelings that uncertainty triggers the longer the current “shelter in place” lasts. On the
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The COVID-19 pandemic is delivering an unprecedented decline in the global economy. To many multinational taxpayers, this means less thought and worry about income taxes as revenues decline. To experienced and proactive taxpayers, this is exactly the time that tax planning tools and opportunities must be engaged as valuable investments in a down economy. Transfer
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Two Senate Democrats are criticizing a little-known provision of the CARES Act stimulus package that would provide a tax break mostly to wealthy taxpayers, suspending excess business losses for prior tax years. Sen. Sheldon Whitehouse, D-R.I., and Lloyd Doggett, D-Texas, released an analysis last week from Congress’s Joint Committee on Taxation indicating that four out
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Billionaire entrepreneur Mark Cuban joined CNBC’s “Fast Money” on Monday.  Cuban, owner of the NBA’s Dallas Mavericks, has been vocal during the coronavirus pandemic, arguing for government relief measures that prioritize workers and puts restrictions on stock buybacks.  Cuban last week criticized how some banks were handling the newly created small business loan program, telling CNBC that
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Raymond Boyd Some big restaurant chains have gotten called out in recent days for using a loophole in the $2.2 trillion coronavirus relief law to access loan money earmarked for smaller businesses. Potbelly Sandwich Shop, for example, got a $10 million loan from the Paycheck Protection Program — the upper lending limit. Ruth’s Chris Steak House got
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Adam Hester America is a resilient nation. Americans are optimistic, innovative, forward-looking and compassionate. And when a crisis occurs, America’s best qualities shine through and burn brightly. We are in the midst of an unprecedented health crisis that has caused a momentous disruption to our nation’s and the world’s economy as businesses have been ordered
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Starting a virtual accounting practice or transitioning from a conventional one can lead to a fantastic lifestyle, and can also open up considerable professional opportunities. It is now possible to work with partners, employees, and clients from all over the U.S. — or even the world — with a lot of freedom. Now especially, with
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David Solomon, the CEO of Goldman Sachs, speaks during the Bloomberg Global Business Forum in New York, September 25, 2019. Shannon Stapleton | Reuters Goldman Sachs reported first-quarter earnings before the opening bell Wednesday. Goldman Sachs earned $3.11 a share in the first quarter with revenue of $8.74 billion. Goldman shares are lower by 1.6% in
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One conundrum that some investors face is how to capture the safety of bonds while trying to get in on riskier stock-like returns. Enter convertible bonds. These hybrid investments are corporate-issued bonds that pay interest — generally higher than U.S. Treasury rates but lower than those on regular corporate bonds. After a predetermined length of
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Larry Fink, chief executive officer of BlackRock Inc., pauses ahead of a Bloomberg Television interview at the Blackrock Inc. wealth symposium in Zurich, Switzerland, on Thursday, March 7, 2019 Stefan Wermuth | Bloomberg via Getty Images Larry Fink, co-founder of the world’s biggest money management firm, told CNBC on Thursday the stock market’s coronavirus low
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