Wednesday, March 31, 2021

Security on a Shoestring? More Budget Means More ...

Companies that spend less on security — as a percentage of their information technology budget — saw fewer threats in the previous year, but mainly because reduced visibility and their lack of expertise failed to find existing threats, market intelligence firm Forrester Research states in its "Global Security Budgets in 2021" report, published on March 26.

The report, based on a survey of nearly 3,700 budget decision-makers, found that about half of budgets is allocated to security products and half to services, across all levels of security spending. Among the companies that spent 0% to 10% of their IT budgets on security, however, almost half had not detected a breach in the past 12 months, compared with a quarter to a third of companies that spent more.

Publisher: Dark Reading
Twitter: @DarkReading
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Check out this next:

5 Deadly Mistakes That Are Wasting Your Marketing Budget

A good business is always trying to maximize its profits. The best way to do this is to increase income by attracting more customers or creating new products and services. Besides that, companies are looking at reducing their overhead by becoming more efficient in how they allocate resources and people. What business doesn't do enough is to track how cost-effective their marketing program is.

Not gonna lie, our company has been making the same mistakes until they hired a more qualified marketing director.

Author: Divya Parekh
Twitter: @BBNTimes_en
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Black Media Execs Demand More Business From General Motors' Multi-Billion Dollar Ad Budget

Recently a group of Black media executives claimed that General Motors only spends about .5 percent— yes, half of one percent — of its yearly advertising budget with Black owned media companies. General Motors has responded and stated that it spends more than that but did not specify the amount. The lack of direct accountability is telling. So, let’s say they spend double the noted amount and 1% of their advertising budget with Black owned media companies. Why is that acceptable?

Publisher: EBONY
Date: 2021-03-30T16:30:12 00:00
Twitter: @EBONYMag
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Common Room, Community Management Startup Used By Confluent, Figma And Notion, Launches With $52

Common Room cofounders Tom Kleinpeter (left), Viraj Mody, Francis Luu and CEO Linda Lian are building a startup focused on community management for businesses.

Linda Lian believes the next generation of software businesses will find customers differently – not through account managers and top-down company-wide contracts, but through communities, the fans and avid users of tools who discuss, critique, and share best practices about them online.

"We're trying to reinvent the relationship that software companies have had with their customers," says Lian, the CEO of a startup called Common Room. "It should be more authentic, and more personal."

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Publisher: Forbes
Date: 2021-03-31
Author: Alex Konrad
Twitter: @forbes
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This may worth something:

Budget Hotel Market Size 2021: Worldwide COVID-19 Impact Analysis, Business Opportunities, Key

Get Sample Copy of this premium Report:@ https://industrystatsreport.com/Request/Sample?ResearchPostId=11799&RequestType=Sample?utm_source=mcc&utm_medium=GS

In this report, our team offers a thorough investigation of Budget Hotel Market, SWOT examination of the most prominent players right now. Alongside an industrial chain, market measurements regarding revenue, sales, value, capacity, regional market examination, section insightful information, and market forecast are offered in the full investigation, and so forth.

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Publisher: KSU | The Sentinel Newspaper
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Hostel Market 2021 Competitive Insights –  Wombats City Hostel, Budget Backpackers, Totters

This report studies the Hostel market in many aspects of the industry such as market size, market conditions, market trends and forecasts, and the report also provides brief information on competitors and specific growth opportunities with key market drivers. To provide, find complete Hostel market analysis segmented by company, region, type and application in the report.

The report provides regional analysis and valuable insights into the progress of the Hostel market and approaches related to the Hostel market. The report talks about the dominant aspects of the market and examines each segment.

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Publisher: KSU | The Sentinel Newspaper
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NY Lawmakers, Governor Face Looming Deadline To Pass Budget

(AP) -- New York lawmakers and Gov. Andrew Cuomo have yet to announce a deal on the state budget even as a deadline to pass a spending plan by Thursday looms.

New York legislative leaders have given little insight about some of the biggest issues: including the fate of a proposal to raise taxes on millionaires.

Cuomo has signaled openness to some sort of tax hike on the wealthy as New York tries to balance its budget.

Publisher: WIBX 950
Date: 2021-03-31 09:09:21
Author: aputica
Twitter: @WIBXnews
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Iraqi parliament approves 2021 budget of $89 billion | Reuters

BAGHDAD (Reuters) -Iraq's parliament on Wednesday approved a 2021 budget of 130 trillion Iraqi dinars ($89.65 billion) as the country wrestles with an economic and financial crisis due to low crude prices.

The 2021 budget set an oil price of $45 a barrel and expected oil exports of 3.25 million barrels per day (bpd), including 250,000 bpd from the Kurdish region, according to a budget document and lawmakers.

Publisher: U.S.
Date: 2021-03-31T20:28:52Z
Author: Reuters Staff
Twitter: @Reuters
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Happening on Twitter

Bill proposes overtime pay for farmworkers | | argusobserver.com

A second round of testimony on Monday regarding House Bill 2358 continued to be split between agriculture producers and farmworker advocates, who debated requiring farmworkers be paid overtime for work done over 40 hours per week.

Bill sponsor Rep. Andrea Salines, D-Lake Oswego proposed an amendment which phases in the overtime, beginning with anything after 50 hours per week in 2022, followed by 45 hours in 2023, and 40 hours in 2024, and then on.

Publisher: Argus Observer | Ontario, OR
Date: C5629FCD25091F67507F1104F540B688
Author: Larry Meyer and Leslie Thompson Argus Observer
Twitter: @argusobserver
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Many things are taking place:

CDC $11 million overtime settlement dispersed to all employees | 11alive.com

It all came down to a decision from one person, the union president. When the board disagreed with the distribution plan, members say the president relieved them of their duties. 

The distributed money stems from a 2016 grievance filed by the union representing agency employees who claimed they were not properly paid.

George Roark was the first employee to raise red flags. The former emergency response specialist discovered he and 106 fellow colleagues were not paid overtime for more than five years. Roark retired in 2019 after 36 years with the CDC and the military.

Publisher: 11Alive.com
Date: 3/31/2021 2:27:23 AM
Twitter: @11AliveNews
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Oregon Democrats' proposal would extend overtime rights to farmworkers; farmers say it would

River Point Farms workers plant onion seeds in a field near County Line Road on March 17, 2015, west of Hermiston. A House bill introduced in January would require employers to pay farmworkers overtime if they work more than 40 hours in a week, the same rights that most nonfarm workers in Oregon already enjoy.

In his decades as a farmworker, he has worked in extreme heat, heavy rain and snow. Like many other Oregon farmworkers, he didn't miss a day of work during the wildfires in September 2020, despite the air quality reaching hazardous levels.

Publisher: East Oregonian
Author: JAMIE GOLDBERG The Oregonian
Twitter: @EastOregonian
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Overtime pay for San Jose police spiked 300% — despite hiring more officers, audit shows –

Overtime pay for San Jose police officers quadrupled over the past decade, as dozens of officers each year have exceeded work limits set by the department's duty manual, a newly released city auditor’s report reveals.

The report’s findings starkly illustrate the gap between San Jose Police Department’s staffing levels and the ever-increasing workload, fueling discussions about whether officers should spend so much time responding to calls involving non-crime matters such as mental health crises and homelessness issues.

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Publisher: East Bay Times
Date: 2021-03-10T14:20:13 00:00
Twitter: @eastbaytimes
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Not to change the topic here:

Zeigler Auto Group ordered to pay 85k in back wages

KALAMAZOO, Mich. — According to the U.S. Department of Labor an investigation revealed Zeigler Auto Group, a company headquartered in Kalamazoo, has failed to pay $85,111 in minimum wages and overtime to 214 of their employees.

"Employees paid on commission basis must earn at least the federal minimum wage per hour of work completed. If they do not, employers must make up the difference," explained Wage and Hour Division District Director Mary O'Rourke in Grand Rapids, Michigan. "Our investigation put money into the pockets of workers who were underpaid, and levels the playing field for employers who play by the rules.

Publisher: WXMI
Date: 2021-03-31T20:24:27.757
Author: https www fox17online com bronson christian
Twitter: @fox17
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Measure allowing overtime for farmworkers moves forward | The Seattle Times

SPOKANE, Wash. (AP) — Agricultural workers in Washington state would become eligible for overtime pay under a bill moving through the Legislature in Olympia.

Somewhat surprisingly, the bill enjoys bipartisan support and even has the backing of farm employers who say it will bring a level of certainty to their labor costs. Farmworkers have been exempted from overtime pay since 1938, although some states such as California and New York have extended those protections in recent years.

Publisher: The Seattle Times
Date: 2021-03-12 09:25:54
Twitter: @seattletimes
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Happening on Twitter

NY Marijuana Regulation and Taxation Act for Adult-Use Cannabis

The MRTA will place the three programs under the control of the Office of Cannabis Management (OCM), within the Division of Alcohol Beverage Control. The OCM will be led by an executive director, assisted by a chief equity officer and governed by a five-member Cannabis Control Board (the Board).

There will also be a 13-member Advisory Board to include experts in several fields including health, social equity, cannabis, and agriculture, with geographic and diverse membership.

Publisher: The National Law Review
Date: 5493B547C0AB527FF4CF8C4D0127302A
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While you're here, how about this:

Proposed Legislative Extension of Investment Tax Credits for Energy ‎Storage Technologies | Locke

On March 9, 2021, a bipartisan group of federal lawmakers introduced the “Energy Storage Tax Incentive and Deployment Act of 2021” (the “ Act ”) which is intended to extend certain investment tax credits to standalone energy storage systems (such as batteries). The Act would provide business certainty and create a level playing field between certain standalone energy storage systems and other energy property historically eligible for federal income tax credits.

As currently drafted, Section 48 of the Internal Revenue Code of 1986, as amended (the “ Code ”), allows taxpayers a federal income tax credit for a portion of expenditures paid to place certain energy property in service (the “ Investment Tax Credit ” or “ ITC ”). Energy property, for purposes of the ITC consists of specifically listed energy-related property, including, but not limited to, certain solar projects and wind projects.

Publisher: JD Supra
Twitter: @jdsupra
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Governor Cuomo Signs Legislation Legalizing Adult-Use Cannabis | Governor Andrew M. Cuomo

Legislation (S.854-A/A.1248-A) Establishes the Office of Cannabis Management; Expands New York's Existing Medical Marijuana Program; Establishes a Licensing System; and Creates a Social and Economic Equity Program Encouraging Individuals Disproportionately Impacted by Cannabis Enforcement to Participate in Industry

Tax Collection Projected to Reach $350 Million Annually and Potentially Create 30,000 to 60,000 Jobs

Governor Andrew M. Cuomo today signed legislation (S.854-A/A.1248-A) legalizing adult-use cannabis, fulfilling a key component of his 2021 State of the State agenda. The bill signing comes after the Governor, Senate Majority Leader Andrea Stewart-Cousins and Assembly Speaker Carl Heastie announced this past Sunday, March 28, that an agreement had been reached on the legislation.

Publisher: Governor Andrew M. Cuomo
Date: 1617203924
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Top 5 tax-planning and tax-saving strategies for real estate owners | Accounting Today

With the passage of so much tax legislation over the past several years, including the tangible property regulations, the Tax Cuts and Jobs Act, the CARES Act, several COVID-19 stimulus bills, and various new federal, state and local regulations, there is tremendous opportunity to implement tax-planning and tax-saving strategies for real estate owners.

When it comes to tax-saving strategies, there are many opportunities available for real estate owners as the tax landscape is ever changing. It's crucial to stay vigilant around any changes that may occur to ensure that all available opportunities are being discussed, planned and utilized where applicable.

Publisher: Accounting Today
Date: 2021-03-30T15:41:08.29
Author: https www accountingtoday com author david fabian
Twitter: @AccountingToday
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In case you are keeping track:

Digital Taxes Are Here to Stay, Regardless of Maryland Outcome

Maryland is the first state to introduce a digital advertising tax, which only became law after the legislature overturned the governor's veto. The law now faces a federal lawsuit. George Salis of Vertex Inc. examines the Maryland statute and proposals for digital taxes in other states.

Maryland faces a difficult court battle over the legality of its digital advertising tax, the future of which hangs in the balance. But whatever the outcome in Maryland, other states have already been eyeing their own digital tax options, and the need to rebound from pandemic-related budget deficits has only accelerated the timeline.

Twitter: @tax
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Incentivize public power's clean energy future | TheHill

The leadership in Congress and the Biden administration have said they will address climate change in several ways, via legislation, regulations, and administrative actions. The keystone of at least one of the bills under consideration in Congress is to extend and expand current clean energy tax incentives.

Today, the most significant clean energy incentives are embedded within the tax code. The bulk of these tax incentives are direct subsidies provided in the form of credits against income tax. The congressional Joint Committee on Taxation says that, economically speaking, these tax credits are largely indistinguishable from a cash payment.

Publisher: TheHill
Date: 2021-03-31T09:30:08-04:00
Author: Joy Ditto opinion contributor
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Thailand: Foreign e-service businesses liable for VAT | International Tax Review

Foreign e-commerce businesses will be liable for 7% VAT on services provided to customers in Thailand, from September 1 2021. In addition to boosting VAT collections, the law aims to create a level playing field for domestic and foreign operators providing services online to Thai customers. 

Popular foreign online platforms expected to be affected include Apple, Google, Facebook, Netflix, Line, YouTube, TikTok. 

Publisher: International Tax Review
Twitter: @intltaxreview
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New PF rule, exemption from ITR filing, new wage code, and standard insurance plans from April 1

New Rules April 1 2021: The way you save, invest, insure and pay tax will witness some key changes from the next financial year 2021-22. Some of the new rules in taxation and the re-structuring of the salary structure of employees will impact your take-home pay from April 1, 2021 . At the same time, new standard insurance products will help you in making a better buying decision. Overall, the rules and regulations are here to stay and one will have to make them work to one’s advantage.

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Publisher: The Financial Express
Date: 2021-03-31T11:20:37 00:00
Author: Sunil Dhawan
Twitter: @The Financial Express
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Happening on Twitter

Measuring racism and discrimination in economic data

Publisher: Brookings
Date: 2021-03-30T13:30:10 00:00
Author: Randall Akee and Marcus Casey
Twitter: @BrookingsInst
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Were you following this:

MIT graduate engineering, business, economics programs ranked highly by U.S.

MIT's graduate program in engineering has again earned a No. 1 spot in U.S. News and Word Report's annual rankings, a place it has held since 1990, when the magazine first ranked such programs.

The MIT Sloan School of Management also placed highly. It occupies the No. 5 spot for the best graduate business programs, a placement it shares with Harvard University.

Publisher: MIT News | Massachusetts Institute of Technology
Author: MIT News Office
Twitter: @mit
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Mission critical - Governments identify minerals needed for economic and national security |

CUT DEEP into the desert rock of southern California are the jagged tiers of an open-pit mine. Mountain Pass is North America's only mine of rare-earth metals, used in everything from fighter jets to the drivetrains of electric cars. In 2015 Mountain Pass shut, unable to compete with rare-earth producers in China. But the mine has begun a new chapter. MP Materials, which bought the mine in 2017, said on March 18th that production in 2020 jumped by 40%. More expansion is planned.

In February Joe Biden's White House issued an executive order to review the vulnerability of supply chains key to economic and national security, including critical minerals and batteries. The European Commission in September launched a public-private alliance to secure key raw materials. In March Australia unveiled a plan for processing critical minerals, inviting companies to apply for public funds, and Canada published a list of 31 critical minerals, part of a scheme to boost supply.

Publisher: The Economist
Twitter: @TheEconomist
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The climate crisis is seriously spooking economists - CNN
Publisher: CNN
Date: 2021-03-30T16:23:13Z
Author: Matt Egan CNN Business
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Check out this next:

China's economic recovery gained steam in March - MarketWatch

China's economic recovery picked up steam in March as the country's manufacturing sector fully recovered from suspended production during the Lunar New Year holiday.

China's official manufacturing purchasing managers index rose to 51.9 from 50.6 in February, according to data released Wednesday by the National Bureau of Statistics.

The reading was higher than the 51.2 median forecast given by economists polled by The Wall Street Journal and remains above the 50 mark that separates activity expansion from contraction, continuing a run started in March last year.

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Publisher: MarketWatch
Date: 2021-03-30T22:37:00-04:00
Author: MarketWatch
Twitter: @marketwatch
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Biden's Stimulus Looks Bigger Than New Deal, Economics Professor Says

Two Democratic presidents. Two mass unemployment crises. Two federal spending plans to rescue the economy. So how does Biden's stimulus stack up to Roosevelt's New Deal? Maybe it's bigger.

"People think of the New Deal as this really, really aggressive response to the Great Depression. But part of the reason the Great Depression lasted so long was that Roosevelt and the country, the political leaders were really concerned about deficits," Leonard Burman, the Paul Volcker Chair of Behavioral Economics at Syracuse University's Maxwell School, told Insider. 

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Publisher: Business Insider
Date: 2021-03-30
Author: Juliana Kaplan
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In the Suez Canal, Economics and Physics Make for Tough Sailing - WSJ

When Evert Lataire studied the publicly available data for the Ever Given's fateful voyage this week, he noticed the vessel did something unusual just before settling sideways in the Suez Canal : The container ship veered close to the channel's western bank.

Mr. Lataire knew the hydrodynamics of the situation. He wrote his Ph.D. dissertation about such physics—and has simulated it over and over with model boats in an indoor testing tank in his native Flanders.

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Publisher: WSJ
Date: 2021-03-27T12:00:00.000Z
Author: Stu Woo
Twitter: @WSJ
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Canada Looks to Immigration to Boost Economic Recovery - WSJ

Prime Minister Justin Trudeau's Liberal government plans to significantly increase the number of new permanent residents it accepts over the next three years, and officials have taken steps in recent months to increase the pace of permanent resident approvals, largely by drawing on residents already in Canada on a temporary basis.

"History teaches us that when we grow our immigration levels, we grow our economy," Canadian immigration minister Marco Mendicino said earlier this year.

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Publisher: WSJ
Date: 2021-03-30T12:14:00.000Z
Author: Kim Mackrael and Alice Uribe
Twitter: @WSJ
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Tuesday, March 30, 2021

Biden to Pay for Infrastructure Plan With Corporate Taxes - The New York Times

WASHINGTON — President Biden intends to pay for the $2 trillion package of infrastructure spending he will propose on Wednesday with a substantial increase in corporate taxes, people briefed on the plan said Tuesday.

The scale of the infrastructure program — one of the most ambitious attempts in generations to shore up the nation's aging roads, bridges, rail lines and utilities — is so big that it will require 15 years of higher taxes on corporations to pay for eight years of spending, they said.

Date: 2021-03-31T00:21:32.000Z
Twitter: @nytimes
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While you're here, how about this:

How Much of Your Estate Will Be Lost to Taxes? | Kiplinger

This year, legacy planning will be more important than ever because of changes to inheritance rules and tax laws that went into effect last year and other changes that could be coming.

The good news is that many people are not likely to see their income taxes raised for the foreseeable future. But the bad news is that many more people are likely to see higher taxes on their estate after they have passed away.

Publisher: Kiplinger
Author: Robert Dodaro Investment Adviser Representative
Twitter: @Kiplinger
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Tax Season 2021: Quarterly Taxes are Still Due April 15 For Most

At least 35 states extended their tax deadline to May 17,2021 in accordance with the updated IRS federal tax deadline .

However, this relief does not apply to people who file quarterly estimated tax payments, which in most cases are still due on April 15. If you receive income that is not subject to federal or state withholding, such as self-employment income, interest, dividends, alimony or rental income, you should still plan to make your first-quarter estimated tax payments as per usual.

Publisher: CNBC
Date: 2021-03-30T19:52:01 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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Plan advances for cutting Kansas income taxes

TOPEKA, Kan. (AP) — Some Republicans have downsized their ambitions for cutting Kansas income taxes and advanced a narrower proposal in the GOP-controlled Legislature.

Top GOP legislators want to provide relief to businesses and individuals whose state income taxes have risen because of changes in federal income tax laws in 2017. The measure also includes a modest increase in the standard deduction for all individual filers.

Publisher: KSN-TV
Date: 2021-03-30T19:43:27 00:00
Author: The Associated Press
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Check out this next:

Bloomberg - Are you a robot?
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Opinion: Here's how you can save money on capital-gains taxes when you sell your home -

You no longer must buy another home in order to claim the capital-gains exemption. An earlier version of this article incorrectly said you had to.

Congratulations on selling homes that have gone up in value. The real-estate market has treated you well.

You bring up several issues in this one question. The answer, in part, comes down to whose name is on the deed currently. In addition, you may want to take some actions to save you money on capital gains in the future, no matter who owns the home.

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Publisher: MarketWatch
Date: 2021-03-30T07:15:00-04:00
Author: CD Moriarty
Twitter: @marketwatch
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Lynchburg real estate taxes may increase following city council vote

LYNCHBURG, Va. – Dozens of Lynchburg residents voiced concerns over a possible increase to the real estate tax Tuesday night.

City council held a public hearing after, leaders say, most citizens saw an increase in the latest assessment.

Council would need to lower the rate from $1.11 to $1.03 in order to equalize it; otherwise, the property tax could go up.

"We need your help! We need you to keep our taxes from going up because it's just snowballing, and we can only handle so much on fixed income," said one Lynchburg resident.

Publisher: WSLS
Date: 2021-03-31T02:25:09.957Z
Author: Tim Harfmann
Twitter: @WSLS
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Tax Season 2021: These States Updated Their Tax Deadlines

The IRS announced earlier this month that the federal income tax filing due date for individuals is now May 17, 2021, postponed about month from its traditional April 15 due date.

The federal tax filing postponement only applies to individual federal income tax returns and payments for the 2020 tax filing year. Relief doesn't apply to estimated self-employment tax payments, which will be due on April 15, 2021 as per usual.

Maryland announced an extension to file taxes by July 15, 2021. Unlike most states, Maryland's new deadline also applies to 2021 first and second quarter estimated tax payments.

Publisher: CNBC
Date: 2021-03-29T19:40:47 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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Happening on Twitter

“Natural capital” accounting method might give nature an economic voice | Ars Technica

Is there a way to put a dollar amount on pristine forests or marshlands? The United Nations believes so—and that the ability to do it might be a valuable step toward combating the slew of environmental challenges the world faces. In mid-March , the UN adopted the System of Environmental-Economic Accounting—Ecosystem Accounting (SEEA EA) framework, a "landmark" way for countries to report on their own natural capital.

"Our dependence [on nature] must be acknowledged, must be recognized. It must be captured and accounted," said Pushpam Kumar, chief environmental economist of the United Nations Environment Programme.

Publisher: Ars Technica
Author:
Twitter: @arstechnica
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Check out this next:

Accounting for firms' positive impacts on the environment | MIT News | Massachusetts Institute of

Introducing handprints, the term Norris coined for those positive impacts and the focus of MIT's Sustainability and Health Initiative for NetPositive Enterprise (SHINE). SHINE is co-led by Norris and Randolph Kirchain, who both have appointments through MIT's Materials Research Laboratory (MRL).

"If you ask LCA practitioners what they track to determine a product's sustainability, 99 out of 100 will talk about footprints, these negative impacts," Norris says. "We're about expanding that to include handprints, or positive impacts."

Publisher: MIT News | Massachusetts Institute of Technology
Author: Elizabeth A Thomson Materials Research Laboratory
Twitter: @mit
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Gonzaga Graduate Accounting ranked 26th in nation | News | khq.com
Publisher: KHQ Right Now
Date: 0713B43387E696EA1A415814D82F3F41
Author: Nick Jahnke
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IOSCO Highlights Importance Of Going Concern Disclosure During Pandemic - Accounting and Audit -

IOSCO emphasized the importance of going concern disclosure by public companies during the COVID-19 pandemic, particularly as it relates to the preparation of annual financial statements and the annual audit. IOSCO welcomed the International Accounting Standards Board's recently published educational material, " Going Concern - A Focus on Disclosure ."

On annual financial statements, IOSCO stressed that an entity must identify material uncertainties that cast "significant doubt on the entity's ability to continue as a going concern." For material uncertainties that do not cast significant doubt, IOSCO said that management must disclose "complete information about significant judgements" that led to any executive determination.

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Check out this next:

Signs Your Accounting System is Holding You Back

As your business grows your efficiency must increase if you want to maintain profitability and keep customers happy. A process that once took five minutes per customer is fine when you’re selling a handful of units a day. Once your sales grow to dozens of units a day, and even hundreds, your processes need to change.

How do you make this happen? By first taking a look at your infrastructure and systems to make sure they’re not holding you back. One of those prime systems to examine: Accounting.

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Publisher: Entrepreneur
Date: 2021-03-29T18:21:38Z
Author: Entrepreneur Events
Twitter: @Entrepreneur
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Bezos-Backed Accounting Platform Pilot Joins Unicorn Club

Pilot's software and support team integrate directly with small and medium-sized businesses' (SMBs') billing, banking, expense, and payroll systems to automate back-office functions such as bookkeeping and tax prep. Pilot will use the funding to expand its product suite for the back office.

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Publisher: Business Insider
Date: 2021-03-30
Author: Victor Chatenay
Twitter: @clusterstock
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In the blogs: Human nature | Accounting Today

When to file on 8821; RMDs and the extension; cloud concerns; and other highlights from our favorite tax bloggers.

Publisher: Accounting Today
Date: 2021-03-30T20:36:55.067
Author: https www accountingtoday com author jeff stimpson 1641
Twitter: @AccountingToday
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Tether Takes Step Toward Transparency With First Accounting Firm Report Card

Tether plans to issue another attestation for March after it ends, followed by quarterly attestations thereafter. 

These attestations are separate from the disclosures Tether intends to produce for the New York Attorney General’s office (NYAG).

“We are doing this on our own initiative to honor Tether’s commitment to further transparency. And although it is unrelated to our release of this assurance opinion, the settlement is another example of our commitment to transparency,” said Stuart Hoegner, general counsel at Tether and its sister firm, Bitfinex. 

Twitter: @Yahoo
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Happening on Twitter

I'm Set To Make A Massive Sum Of Money. My Husband Is Aghast At My Plans For It.

Pay Dirt is Slate's money advice column.  Have a question? ...