Angel Gurria, General Secretary of the Organisation for Economic Co-operation and Development … [+] (OECD), gestures as he presents the OECD Economic Outlook at the OECD headquarters in Paris on May 21, 2019. – Global trade tensions and political uncertainty are weighing on the world’s economy, the OECD warned on May 21, 2019, cutting its
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While the concept of virtual firms and remote teams has been around for a number of years, many accounting firms have struggled to make the change in their business model for a number of reasons. Over the last few months, a number of accounting firms have had to make the transition to working virtually and
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Creating and maintaining a positive company culture is vital in the race to attract and retain valuable talent and employees. With US unemployment at an all-time high and working practices changing, the company culture of many businesses is evolving. In the current environment, company culture has never been so important. A survey conducted Nulab, found
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Key Findings The Low-Income Housing Tax Credit (LIHTC) offers developers nonrefundable and transferable tax credits to subsidize the construction and rehabilitation of housing developments that have strict income limits for eligible tenants and their cost of housing. The LIHTC has subsidized over 3 million housing units since it was established in 1986, the largest source
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Economic Security Planning, Inc. Today’s column addresses questions about withdrawing an application after revising filing plans, potential effects of the Windfall Elimination Provision (WEP) and the Government Pensions Offset (GPO) and divergent SSA benefit estimates. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc,
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The Financial Accounting Standards Board has created a web portal to offer a view of its post-implementation review process. The PIR process is an important quality control mechanism that’s built into FASB’s standard-setting process, starting after a standard has been issued. During the PIR process, FASB requests and considers feedback from different types of stakeholders
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President Donald Trump announced four executive actions on Saturday, including a temporary payroll tax deferral for some workers and continued expanded unemployment benefits, as the coronavirus pandemic continues to hobble the U.S. economy. The moves were criticized by Democrats and some Republicans as, variously, providing little real help, an unconstitutional power grab from Congress, and
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A stack of Starlink internet satellites just before a launch. SpaceX SpaceX is manufacturing its Starlink satellites at an unprecedented rate for the space industry, analysts say, as the company dives headlong into building a space-based global internet service. Elon Musk’s company told the Federal Communications Commission in a presentation last month that its  Starlink unit
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