The role of a project manager is one of the most open-ended positions in business today. There are project managers in every single industry covering a wide range of tasks. Everything from movie production to electric car manufacturing has at least one project manager guiding workers toward key checkpoints in development. Project management might seem
Month: August 2022
Internal Revenue Service collection employees are mostly respecting the rules when it comes to directly contacting taxpayers who are represented by tax professionals, but when asked about hypothetical situations involving a taxpayer’s CPA, they didn’t always give the right answer. The IRS has various policies and procedures to allow taxpayers to designate an authorized representative
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Luis Alvarez | Digitalvision | Getty Images Employer demand for workers remains historically strong — and that means workers have the power to negotiate for better pay, benefits and other aspects of their jobs, according to economists. There were more than 11.2 million job openings in July, an increase of 199,000 from June, according to
Forgiveness; great sums of money; shell game; and other highlights from our favorite tax bloggers. Learning curves Taxable Talk (http://www.taxabletalk.com/): How will the IRS tax forgiven portions of student loans? How will states? When’s the guidance coming and when should taxpayers file? We have answers to some of these but definitely not all. Henry+Horne (https://www.hhcpa.com/blogs/): And two
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In this article F HOUSTON, TEXAS – AUGUST 29: Students study in the Rice University Library on August 29, 2022 in Houston, Texas. Brandon Bell | Getty Images News | Getty Images The U.S. Department of Education could have its application for student loan forgiveness up and running as soon as within the next few
If you buy something through our links, we may earn money from our affiliate partners. Learn more. Leadership is part of management and management is part of leadership. The two are equally important while managing or leading a business or any organization. Leadership is one of the skillsets required of a successful individual or businessperson.
Nearly half of CFOs anticipate the North American economy will be in recession by next year, but they’re more concerned about inflation than a recession, according to a new survey by Deloitte. The Big Four firm’s Q3 CFO Signals survey, released Monday, polled 112 CFOs in the U.S., Canada and Mexico, and found 46% of
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Key Findings 100 percent bonus depreciation allows firms an immediate tax deduction for investments in qualifying short-lived assets. The phaseout of 100 percent bonus depreciation, scheduled to take place after the end of 2022, will increase the after-tax cost of investment in the United States. Preventing the phaseout and making 100 percent bonus depreciation a
As cookout attendees around the country crack open a cold one on Labor Day weekend, take a minute to discover how much of your cash is actually going toward the cost of a brew. The United States collects an excise tax on beer at the federal level (ranging from $0.11 to $0.58 per gallon based on production,
The Good Brigade | Digitalvision | Getty Images Mortgage rates are projected to decline next year — but that doesn’t mean prospective homebuyers should necessarily delay a purchase for the prospect of lower financing costs. The rate on a 30-year fixed mortgage will fall to an average 4.5% in 2023, according to a recent housing
Your small business is your baby and choosing the right name for it is a big deal. But what happens when you need to change your business name for whatever reason? Here’s how to prepare and what to expect when you decide your business name needs an upgrade. Can you change the name of an
The Public Company Accounting Oversight Board levied a $200,000 penalty Monday against KPMG’s member firm in South Africa and a combined $75,000 in penalties against two of its partners for improperly using and misreporting a KPMG member firm in Zimbabwe that wasn’t registered with the PCAOB to help with its audits. The sanctions concerned 2015,
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Traders on the floor of the NYSE, Aug. 11, 2022. Source: NYSE As the market reacted in alarm to Federal Reserve Chair Jerome Powell’s hawkish comments and determined tone on Friday, I struggled to retrieve an analogous situation that ended well. My conclusion is that, although we have experienced a bear-confirming drop of over 20%
A customer shops in a Kroger grocery store on July 15, 2022 in Houston. Brandon Bell | Getty Images Many consumers have suffered sticker shock at the grocery store due to record high inflation. But another surprise that’s grabbing consumers’ attention — and even trending on TikTok — is “shrinkflation.” Almost two-thirds, 64%, of all
If your hobby earns you income, the IRS wants to know about it. But how do you report hobby income and how does it differ from small business income? Is one better than the other when it comes to filing taxes? Why is it important to know the difference? Knowing the differences between hobby income
Much has been written about the California Pass-Through Entity Tax Credit since the state legislature passed Assembly Bill 150 in July 2021 by a broad bipartisan majority. Here’s an overview of how these tax credits affect taxpayers, and what pass-through entities and owners should be aware of as the law enters its second tax season.
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