NEBRASKA ConvergenceCoaching, Bellevue, announced the 2019-20 graduates of its Transformational Leadership Program: Joseph Ali, partner, PKF O’Connor Davies; Mike Arens, tax manager, HBE LLP; Troy Banker, shareholder, Geffen Mesher & Company PC; Benjamin Beskovic, tax partner, PKF O’Connor Davies; Jamee Bollinger, senior accountant I, Grimbleby Colemanl; Kelly Buck, audit senior manager, Windes; Lisa Carrick, partner,
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A “Now Hiring” sign advertising jobs at Lowe’s is seen as the spread of the coronavirus disease (COVID-19) continues, in Homestead, Florida, U.S., April 17, 2020. Marco Bello | Reuters Payroll tax cuts could be in the next round of coronavirus aid legislation, if President Donald Trump gets his way. Vice President Mike Pence reiterated
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Accounting firms, state CPA societies and national accounting organizations are addressing the wave of international outrage and demonstrations sparked by the killing of George Floyd, an unarmed African-American, by four Minneapolis police officers. “Like so many in our community, I have been deeply affected by the killing of George Floyd in Minneapolis and the ongoing
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History has a way of making everything seem inevitable. In hindsight, the success or failure of any given endeavor seems foreordained; the wisdom or foolishness of any particular choice seems obvious. It seems clear to us now, for instance, that the U.S. Constitution and the government it established were destined for long-term greatness — but
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CNBC’s Jim Cramer on Friday raved about the May jobs report, saying the 2.5 million jobs added last month was evidence the U.S. economy was bouncing back from the coronavirus-induced devastation. “We’re back,” he said on “Squawk Box.” ”I think there were a lot of people who felt that the layoffs would be permanent and it’s obvious that
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The remote work economy is booming. A new infographic from nine2fivejobsearch reveals up to 50% of the American workforce could be working remotely. That number rose dramatically in recent months. At the beginning of the year, 5.3% of employees worked as full-time staff from home. And more than a quarter (29%) of employees had the
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Root of a problem; in the pipeline; little oversight; and other highlights of recent tax cases. Gretna, Louisiana: Resident Patricia Hargis has been sentenced to 21 months of home confinement as part of a three-year probation term for charges stemming from filing a false federal income tax return. Hargis admitted to understating her income in
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The Organisation for Co-operation and Economic Development (OECD) has compiled tax revenue data for countries around the world—including 26 Latin American and Caribbean (LAC) countries, where tax revenue as a percent of GDP is on average 11 percentage points lower than in other regions. On average, the tax-to-GDP ratio for 25 countries (excluding Venezuela due
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CNBC’s Jim Cramer on Thursday warned young investors about the potential pitfalls of daytrading in speculative stocks, especially the really cheap ones. “It’s a little disheartening to see all the $1 to $3 stocks that people are gunning,” Cramer said on “Squawk on the Street.” ”If you want to try and make money and it’s legal,
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Business owners who received a forgivable loan through the Paycheck Protection Program are likely getting more leeway on how to spend those funds.   The Senate passed legislation Wednesday night that restructures how entrepreneurs can use loans issued through a new federal relief program for small businesses ailing from the economic contagion unleashed by the coronavirus
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After a pilot in May, the IRS is expanding its Virtual Settlement Days program in response to the coronavirus pandemic. The Office of Chief Counsel tested the online version of its Settlement Days last month with events in Detroit and Atlanta. The Detroit office expanded its program to eight days; the Atlanta office expanded to
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Corporate tax codes should be designed to be easy for businesses to comply with and for governments to administer and enforce. Today’s map shows how complex—or easy—it is to remit corporate taxes across Europe. One way to quantify corporate tax code complexity is to measure the time needed to comply with the tax administratively. The
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