Employee retention remains a challenge. But what happens when unemployment rates hit a historic low? What if you could find a solution which could predict turnover? According to ENGAGE Talent, the company’s predictive assessment measures the likelihood of a candidate looking for new options. In assessing financial services, healthcare, and tech industries, ENGAGE says financial
The Sales Tax Institute is calling for applications for its first-ever Sales Tax Nerd Award, which will recognize a sales tax professional for their passion for the field. Applicants must have attended at least one institute course, currently work in sales tax in some professional capacity and “demonstrate a commitment to learning and a passion
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Esther George at Jackson Hole, Wyoming David A. Grogan | CNBC Kansas City Federal Reserve President Esther George disagrees with the U.S. central bank’s move to cut interest rates last month as the economy is still strong. “My sense was we’ve added accommodation and it wasn’t required in my view,” George told CNBC’s Steve Liesman
Guido Mieth | DigitalVision | Getty Images Tapping your 401(k) plan to buy a new boat is a terrible idea. In the event of an emergency, however, your savings might be the best option available. Workers who’ve been faithfully contributing to their workplace retirement plans likely have gathered a sizable nest egg. The average 401(k)
Average Americans See Fewer Wage Increases Than Just A Few Months Ago Getty The political spin machine is working overtime to deny what the economic data have been clearly pointing to since the start of the year – a slowing U.S. economy. To wit, an op-ed in the Washington Post by Andrew Puzder, a controversial
Democrats should hold Trump and the GOP accountable for their inability to manage the nation’s finances. ASSOCIATED PRESS A new report from the Congressional Budget Office projects federal budget deficits between 2019 and 2029 to be $872 billion higher than was projected just three months ago. As a result, Donald Trump will be forced to campaign
The American Institute of CPAs released a discussion paper Wednesday explaining some of the challenges of determining materiality in an attestation engagement when the subject matter can’t be measured quantitatively. The paper, developed by a working group of the AICPA’s Assurance Services Executive Committee, talks about some of the challenges encountered by accountants when they
An interview with billionaire president and COO of Blackstone, Jonathan Gray. In this interview, Jonathan discusses the future of Blackstone and the new investment strategies it is implementing. Jonathan also talks about scaling and the economy. Like if you enjoyed Subscribe for more:http://bit.ly/InvestorsArchive Follow us on twitter:http://bit.ly/TwitterIA Other great Private Equity investor videos:⬇ Steve Schwarzman
As the U.S. prepares retaliatory measures against European and Indian digital service tax plans, it has found an unexpected ally: China. While the two nations ratchet up their tariff and currency confrontations, they have found common ground in checking a big-tech tax grab by the rest of the world. So far, China has let the
Federal Reserve Chair Jerome Powell holds a news conference following the Federal Reserve’s two-day Federal Open Market Committee Meeting in Washington, July 31, 2019. Sarah Silbiger | Reuters Federal Reserve members worried over future growth are highly concerned about the U.S.-China tariff battle, citing the issue multiple times during discussions at the central bank’s July
Unlike corporate income taxes, which are levied on a business’s net income (or profit), capital stock taxes are imposed on a business’s net worth (or accumulated wealth). As such, businesses must pay a capital stock tax regardless of whether they make a profit in a given year, or ever. Sixteen states levy capital stock taxes
A patient at the Veterans Affairs Medical Center in Washington, D.C. Jeff Hutchens | Getty Images President Donald Trump signed a memorandum on Tuesday to automatically cancel the student debt of tens of thousands of disabled veterans. “Today I’m proud to announce that I am taking executive action to ensure that our wounded warriors are
US President Donald Trump sign a Presidential Memorandum on Discharging the Federal Student Loan Debt of Totally and Permanently Disabled Veterans, at the American Veterans (AMVETS) 75th National Convention in Louisville, Kentucky on August 21, 2019. Photo credit: AFP/Getty Images (Photo by Mandel NGAN / AFP) / ALTERNATIVE CROP (Photo credit: MANDEL NGAN/AFP/Getty Images) President
Former U.S. Federal Reserve Chairman Paul Volcker In an unfortunate decision, three of the four voting members of the board of the Federal Deposit Insurance Corporation (FDIC) voted to significantly gut the Volcker Rule, a risk reduction cornerstone of the Obama era financial reform law, The Wall Street Reform and Consumer Protection Act (Dodd-Frank). The
The Federal Accounting Standards Advisory Board has issued an interpretation of some recent standards involving cost provisions among multiple entities and who is liable for the cleanup costs. Interpretation 9, “Cleanup Cost Liabilities Involving Multiple Component Reporting Entities: An Interpretation of SFFAS 5 & SFFAS 6,” comes in response to the issuance of Statement of
Even though technology has significantly reduced the necessity of travel, entrepreneurs still need to go places for a variety of reasons. Without smart management of modern business expenses, or figuring out the best methods of traveling and accommodation, such trips can end up costing your company a lot of money. That’s why we asked entrepreneurs
A news story from a back alley in New Mexico highlighted an issue that’s playing out across the country: old tax records containing information ranging from Social Security numbers and checkbooks to bank account papers to phone numbers getting left out in public dumpsters. In the New Mexico case, according to reports, many of the
Adam Jeffery | CNBC Adam Jeffery | CNBC Competition is weighing on Tesla’s sales, according to A.B. Bernstein. The firm said increased competition abroad is responsible for the recent weakness in Tesla’s sales volume. “Our analysis suggests that the deteriorating sales trajectory of the Model S and X may be primarily due to competition, particularly
Former NFL star Akbar Gbajabiamila likes to have a game plan, especially when it comes to his money. It began to formulate when he was playing football and is still key to his success today. “The way I make my winning financial game plan is by surrounding myself with people who are smarter than me,”
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