Have you ever dealt with a problematic employee who just can’t seem to get motivated, no matter what you try? Or have you ever found one of your best and most successful employee struggling to get through a particularly challenging day? Unfortunately, there’s no easy switch you can flip to suddenly make your workforce motivated.
Jin Lee | Bloomberg | Getty Images Out on Wall Street, stocks are taking a breather from this month’s rally. Despite encouraging updates on a potential coronavirus vaccine, disappointing unemployment data and a spike in coronavirus cases have spooked investors. Not helping investor sentiment, New York City Mayor Bill de Blasio announced that schools would
Jose Luis Pelaez Inc | DigitalVision | Getty Images Don’t let the holidays distract you from last-minute opportunities to reduce your 2020 tax bill. There are about five weeks left in the year, which means the clock is ticking on tax-planning strategies. Some tactics are only in play for 2020, thanks to the federal CARES
Christina Ricke The Kansas Society of CPAs, Topeka, elected officers of the 2020-21 executive committee: Christina Ricke (pictured), principal at K-Coe Isom, to chair of the board; Amber Goering, of Goering & Granatino, Overland Park, to vice chair; and Joe Ronnebaum, of PwC, Kansas City, to secretary/treasurer; and elected to three-year terms on the board
The top Republican and Democrat on the Senate Finance Committee said the Treasury Department “missed the mark” in new guidance that limits tax breaks for businesses that get their Paycheck Protection Program loans forgiven. In a joint statement Thursday, Senate Finance Chairman Chuck Grassley and Democrat Ron Wyden said the Treasury is depriving some small
For now, it’s an open question if President-elect Joe Biden has interest in testing his presidential power to try to forgive student debt. Joe Raedle |Getty Images It’s a pressing question not just for higher-education experts and legal wonks. Tens of millions of Americans have a lot riding on the answer: Can the president forgive
Did you ever hear the joke that begins: “A dentist, a brain surgeon and a CPA walk into a bar?” I didn’t either. However, more and more CPAs need to decide if they want to run their practices like dental offices or neurosurgery practices. And there’s nothing funny about that. You can do well with
Collaboration is a professional buzzword. We believe that people produce better, more innovative work when they work together. Unfortunately, our organizations don’t always reflect our spoken commitment to collaboration and, since the start of the COVID-19 pandemic, collaboration has become a practical challenge. So, what does collaboration look like amid destabilization? It demands more than
The IRS Advisory Council, a federal advisory committee that provides a public forum for discussion of relevant tax administration issues between IRS officials and representatives of the public, sees a danger in chronic underfunding of the agency. IRSAC made the point in its annual report, which also highlighted the importance of the Taxpayer First Act
Game Stop store in New York City. Michael Brochstein | LightRocket | Getty Images The shift away from brick-and-mortar retailers in favor of online shopping has hurt GameStop over the past decade, pushing the company’s stock down nearly 40% in that time period. But Ryan Cohen, the former CEO of Chewy, thinks the maligned video-fame
Jeanne Flynn, 34, has accumulated thousands in credit card debt while waiting for unemployment benefits to arrive in New Jersey. Jeanne Flynn Jeanne Flynn used to worry about money. But never like this. Flynn, 34, lost her restaurant job in March as the coronavirus pandemic raged. Months of waiting for unemployment benefits and little savings
The Association of Chartered Certified Accountants has named Mark Millar, the former head of a hospice in the United Kingdom, as its new president. Mark Millar, from Suffolk, England, was appointed as the leader of the international accounting organization at the ACCA’s Annual General Meeting, which was held entirely online for the first time ever
Taxpayers around the world lose at least $427 billion each year to individual tax evasion and multinational corporate profit-shifting, which undercuts public funding for a COVID-19 response, according to a new report. The report, released Friday by the advocacy group Tax Justice Network, in collaboration with Public Services International, the Global Alliance for Tax Justice
Day traders have terrible track records. Academics who study stock pickers have long observed that the vast majority of professional money managers – about 85% – underperform their benchmarks over a multi-year period. Now those professionals are turning their sights on retail day traders, warning that the same poor results apply to them as well.
A President Donald Trump and a former Vice President Joe Biden supporter converse before the Joe Biden Campaign Rally at the National World War I Museum and Memorial on March 7, 2020 in Kansas City, Missouri. Kyle Rivas | Getty Images This year’s presidential election was expected to usher in a blue wave of votes
The American Institute of CPAs is firing back after a congressional hearing Friday featuring Internal Revenue Service commissioner Charles Rettig in which he took issue with a recent letter from the AICPA on the subject of penalty relief for taxpayers dealing with the novel coronavirus pandemic. During a House Ways and Means Oversight Subcommittee hearing,
If you buy something through our links, we may earn money from our affiliate partners. Learn more. Safety goggles protect your eyes from a range of harmful and destructive exposure. With the right goggles, you can block chemicals, liquids, dirt, dust, or debris from entering your eyes. Whether you are in a construction or landscaping
The Internal Revenue Service and the Treasury Department have issued guidance to clear up the tax treatment of expenses when a loan from the Small Business Administration’s Paycheck Protection Program hasn’t been forgiven by the end of the year, while groups including the American Institute of CPAs are complaining about a new, lengthy questionnaire from
Here’s the most important news, trends and analysis that investors need to start their trading day: 1. Investors assess vaccine news against Covid-19 case spikes Traders work on the floor of the New York Stock Exchange. Source: NYSE U.S. stock futures pointed to a mixed open Friday, in an investor sentiment tug-of-war between more encouraging
“As soon as I heard that that the freshmen class would be invited back, I decided to go,” said Ahmad Alsheikh, 18, of his decision to attend college in person this fall. But even though Alsheikh has been on campus since September, he still communicates with his classmates largely online. The Harvard freshman says he is
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