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Evaporation of banks; slow filers; crypto and normal taxes; and other highlights from our favorite tax bloggers. Going slow Why? Rocks and shoals Favs Procedurally Taxing (https://procedurallytaxing.com): Fave headline of the week: “Court Invokes Aesop’s Fables in Denying Government’s Request for Injunctive Relief.” Institute on Taxation and Economic Policy (https://itep.org/category/blog/): Fave opening of the week:
In the era of social media influencers, some investors are turning to platforms like YouTube, TikTok and Instagram for answers to their most pressing financial concerns. But advisors recommend scrutiny when seeking guidance online — especially when weighing money decisions with the possibility of harmful consequences. “Because social media is democratized and everybody has a
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The International Accounting Standards Board is proposing to modify its financial instruments standard to deal with assets with environmental, social and governance features, as well as electronic payment systems. The IASB released an exposure draft Tuesday proposing to amend the classification and measurement requirements under International Financial Reporting Standards for financial instruments, known as IFRS
Photographer: Samuel Corum/Bloomberg via Getty Images President Joe Biden used his first veto to preserve a recent U.S. Department of Labor rule about investment choice in 401(k) and other workplace retirement plans. The regulation, which took effect in January, applies to so-called “environmental, social and governance” funds. These ESG investments — also known as sustainable
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In the modern workplace, recruitment and onboarding are essential to creating a thriving work environment. Strengthening your welcome email to new employees is one of the best ways to kick off their journey at your organization, helping your new team member feel valued and motivated right away. In this article, we’ve put together 24 fantastic examples
Psychologist Robin Hogarth developed the concept of wicked learning environments and kind learning environments. I bring this up because it summarizes where our profession is going. In a kind environment, the rules don’t change, patterns tend to repeat themselves, and client interactions look the same day after day, year after year. Remember those days? In a
Pascal Broze | Onoky | Getty Images An 8.7% Social Security cost-of-living adjustment for 2023 means beneficiaries received on average $140 per month more starting in January. Now, new research from Bank of America Institute finds faster spending growth among older generations that receive Social Security income. For the week ending Feb. 18, individuals born
We take a look at ETFs that surged or plunged since SVB failure (KRE, IAT, GLD, IYW, KBE). Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
Tetra Images | Tetra Images | Getty Images The recent banking crisis has fueled concern of a “credit crunch” and the resulting negative impact on households, businesses and the U.S. economy. But what is a credit crunch and how might you prepare? Loans would be tougher to get related investing news Demand for Fed help
The Organization for Economic Cooperation and Development is making plans for easing multinational companies and government tax authorities into its plans for a global minimum tax. Last Thursday, the OECD held a public consultation meeting on compliance and the tax certainty aspects of the global minimum tax. The OECD unveiled technical guidance last month for
China suspended the operations of Deloitte Touche Tohmatsu Ltd.’s Beijing office for three months and imposed an unprecedented fine over lapses in its auditing work of bad-debt manager China Huarong Asset Management Co. After several on-site inspections, personnel interviews, a review of paperwork and a hearing, the Ministry of Finance found that Deloitte had “serious
A protest sign outside the Supreme Court in Washington, D.C., on Feb. 28, 2023. The Washington Post | The Washington Post | Getty Images There’s no precedent in recent history for the sweeping federal student loan forgiveness policy President Joe Biden is trying to carry out. A look at the math of the program shows
In this article SYK BJ ORCL DELL CRWD ALGM Follow your favorite stocksCREATE FREE ACCOUNT A line of shoppers wait to enter BJ’s Wholesale Club market at the Palisades Center shopping mall during the coronavirus outbreak in West Nyack, New York, March 14, 2020. Mike Segar | Reuters Concerns about a bank crisis have added
PeopleImages | Getty Images Contemplating your own death may not be on the list of things you’re eager to do. Yet for your family or other loved ones who would find themselves trying to sort out your affairs while also dealing with the emotional fallout from losing you, your having a so-called estate plan is
HQ of Ledgible Crypto tax and accounting platform Ledgible announced that its software can now produce Form 8283, which concerns non-cash charitable contributions, such as cryptocurrency, worth more than $500. Ledgible Tax will produce an attachment for the 8283 form, so all cryptocurrency transactions applicable to it are included. The form contains two main sections
If you buy something through our links, we may earn money from our affiliate partners. Learn more. As a modern business owner, it’s essential to have a wardrobe that can keep up with your busy lifestyle. Whether you’re heading to the office, a business meeting, or a casual event, a versatile blazer is a must-have
Skynesher | E+ | Getty Images For some young adults, retirement is so far away that it can feel absurd to put part of their income in an account that they can’t tap for decades. “They want to invest but can’t envision not being able to touch it until age 59½,” said Winnie Sun, co-founder