Tuesday, November 30, 2021

Three is the magic number of new Paycheck Protection Program guidance from the IRS | Eversheds

Revenue Procedure 2021-49 provides guidance for partnerships and consolidated groups regarding amounts excluded from gross income and deductions relating to the [PPP] and certain other COVID-19 relief programs.

Revenue Procedure 2021-50 allows eligible BBA partnerships [ i.e. , those partnerships subject to the centralized partnership audit regime] to file amended Forms 1065 and furnish amended Schedules K-1 on or before December 31, 2021, to adopt the guidance set forth in Rev. Procs.

Publisher: JD Supra
Twitter: @jdsupra
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Cohen & Steers Quality Income Realty Fund, Inc.

NEW YORK , Nov. 30, 2021 /PRNewswire/ -- This press release provides shareholders of Cohen & Steers Quality Income Realty Fund, Inc.

The Fund's monthly distributions may include long-term capital gains, short-term capital gains, net investment income and/or return of capital for federal income tax purposes.

Twitter: @Yahoo
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New Decree Amending and Supplementing Regulations on Cross-border Advertising - Lexology
Publisher: Lexology
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Pioneer Municipal High Income Opportunities Fund, Inc.

The following table sets forth estimates of the character of the current distribution and the cumulative distributions paid this fiscal year to date from the following sources: Net Investment Income; Net Realized Short-Term Capital Gains; Net Realized Long-Term Capital Gains or Return of Capital.

Twitter: @Yahoo
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Tekla World Healthcare Fund Paid Distribution | Business | valdostadailytimes.com

On November 30, 2021, Tekla World Healthcare Fund paid a monthly distribution of $0.1167 per share. It is currently estimated that this distribution is derived from net investment income and return of capital or other capital source.

The following table sets forth the estimated amounts of the current distribution, paid on November 30, 2021, and the cumulative distributions paid this fiscal year-to-date from the following sources: net investment income, net realized short-term capital gains, net realized long-term capital

Publisher: Valdosta Daily Times
Twitter: @TheVDT
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Clough Global Equity Fund Section 19(a) Notice | Colorado | gjsentinel.com

DENVER, Nov. 30, 2021 /PRNewswire/ -- Today, the Clough Global Equity Fund (NYSE MKT: GLQ) (the 'Fund'), a closed-end fund, paid a monthly distribution on its common stock of $0.1341 per share to shareholders of record at the close of business on November 19, 2021.

The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder.

Publisher: The Grand Junction Daily Sentinel
Date: 38D9F4B5D2666ED0512544DBD7860B3B
Author: Clough Global Equity Fund
Twitter: @DailySentinelGJ
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Snapshot: tax considerations for private clients in Colombia - Lexology
Publisher: Lexology
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Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions | Nation/World |

Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock

Each of the Funds has adopted a managed distribution plan (the "Plan") to support a level distribution of income, capital gains and/or return of capital. The fixed amounts distributed per share are subject to change at the discretion of each Fund's Board of Directors/Trustees.

Publisher: Bluefield Daily Telegraph
Author: Business Wire
Twitter: @bdtonline
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Customs and excise quarterly update - November 2021 - Lexology
Publisher: Lexology
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Yes, home economics classes still exist | Local News | thesheridanpress.com

Sheridan County School District 2 Assistant Superintendent for Curriculum and Instruction Mitch Craft wants to bust a myth in the Sheridan community: home economics classes still exist, they just have a new name.

Ashleigh Snoozy joined The Sheridan Press in October 2016 as a reporter before moving into the managing editor position in November 2018. She is a native of Colorado and graduated from Biola University in Los Angeles.

Publisher: The Sheridan Press
Author: Ashleigh Snoozy ashleigh snoozy thesheridanpress com
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Webinar – Lithium: Resources, Processes, Economics & Feasibility, Dec 03, 2021

Join this webinar with Gerrit Fuelling on the different methods, technologies, and sources of lithium extraction and how these will affect the market for lithium products

Join the webinar with Gerrit Fuelling on lithium related resources, processes, economics and feasibility.

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Publisher: Think GeoEnergy - Geothermal Energy News
Date: 2021-11-30T13:50:34Z
Author: Think GeoEnergy
Twitter: @thinkgeoenergy
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EU reaches for hydrogen stars as economics shift | WSAU News/Talk 550 AM · 99.9 FM | Wausau,

MADRID (Reuters) -The cost of producing green hydrogen with renewable energy is set to fall and the capacity to produce it in Europe and nearby countries will likely surpass current targets by 2030, European Union officials said on Monday.

Countries and companies have seized on green hydrogen – a fuel obtained by passing renewably-produced electricity through water to split the element from oxygen – as a way to cut greenhouse gas emissions, especially from heavy industry.

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Publisher: WSAU News/Talk 550 AM · 99.9 FM | Wausau, Stevens Point
Author: Syndicated Content
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India's Modi Reminds Us Why Economics Just Isn't His Thing

India's Prime Minister Narendra Modi reviews a guard of honor during a ceremony to celebrate ... [+] country's 73rd Independence Day, which marks the of the end of British colonial rule, at the Red Fort in New Delhi on August 15, 2019.

In the last week, India's Narendra Modi demonstrated why his legacy as an economic reformer will be lackluster. He even reminded us why the BRIC nations thesis isn't panning out.

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Publisher: Forbes
Date: 2021-11-30
Author: William Pesek
Twitter: @forbes
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The economics behind food deserts | 9news.com

DENVER — Lack of access to healthy foods can lead to bigger health disparities. That can then continue a cycle of inequities in our communities. 

Food deserts are an issue Darrin Duber-Smith said people have known about for at least two decades. He's a senior lecturer of business at the Metropolitan State University of Denver who said food deserts all come down to money. 

Publisher: KUSA.com
Date: 4:30 PM MST November 29 2021
Twitter: @9NEWS
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UNC alumnus Justin Hadad wins Rhodes scholarship, will study economics at Oxford - The Daily Tar

Justin Hadad, a 2021 UNC graduate, will become the University's 53rd Rhodes scholar and the second of three UNC scholars named as part of the class of 2022. 

The scholarship will fund Hadad's Master of Philosophy in economics at the University of Oxford, where he hopes to continue studying market design.

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Publisher: The Daily Tar Heel
Twitter: @dailytarheel
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New Research on Seasonal Flu, Economics of Vaccination in Low- and Middle-Income Countries, Gains

Ready2Respond, a coalition of public, private and non-profit organizations, has received funding from Wellcome Trust to generate new data-driven insights into the burden of influenza in low- and middle-income countries (LMIC) and the economic benefits of influenza vaccination in those regions.

Twitter: @Yahoo
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Behavioral economics to the rescue: becoming a savvy consumer on Black Friday - Sponsored Content

Behavioral economics combines insights from economics and psychology to understand human nature. Based on this understanding, behavioral economists develop behavioral interventions that help people make better decisions for themselves and their society.

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Twitter: @timesofisrael
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János Kornai obituary | Economics | The Guardian

Kornai's key idea was the "soft budget constraint". In western market economies most companies have to balance revenues and outlays – a hard budget constraint.

Later economists applied the idea of the soft budget constraint beyond command economies, notably whenever an economic unit is deemed too big to fail. This creates expectations of bailout and accordingly influences management behaviour, as with big banks and professional football clubs.

Publisher: the Guardian
Date: 2021-11-29T20:16:12.000Z
Author: https www theguardian com profile klaus nielsen
Twitter: @guardian
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Discovery Silver delivers 'excellent' project economics for Cordero with after-tax NPV of $1.2

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here!

(Kitco News) - Discovery Silver (TSX-V: DSV ) today announced positive results from its Preliminary Economic Assessment (“PEA”) on its 100%-owned Cordero silver project located in Chihuahua State, Mexico.

Publisher: Kitco News
Date: 2021-11-30T17:34 0000
Author: http www facebook com kitconews
Twitter: @KitcoNewsNOW
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Sales Taxes In 2022 — Issues To Watch For Online Retailers

States are seeing double digit growth in sales tax revenue, a trend that has been fueled in part by changes in consumer spending during the pandemic. 

According to the latest data from the Urban Institute, 42 states reported higher sales tax revenue from April–September versus the same period in 2020. What's more, an incredible 27 states reported annual growth of over 20% during that period.

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Publisher: Forbes
Date: 2021-11-30
Author: Liz Farmer
Twitter: @forbes
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Bloomberg - Are you a robot?
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Save money on taxes

With a turbulent 2021 drawing to a close, it may seem like the end of year is already here and there's nothing left to be done for your finances.

Here are 10 deductions physicians should explore. Not every deduction is right for every physician, but you won't know until you ask. It depends on each physician's individual circumstances, so speak to your tax professional.

Publisher: Medical Economics
Twitter: @Medical Economics
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Elon Musk's exit from California can save him $2 billion in taxes

By Elon Musk's standards, his May 2020 tweet wasn't all that weird. "Possessions kind of weigh you down," he said on a podcast a few days later, and went on to list seven homes in California. In December, he announced he'd moved to Texas. His charitable foundation followed and, soon, Tesla Inc.

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Publisher: East Bay Times
Date: 2021-11-30T12:23:38 00:00
Twitter: @eastbaytimes
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Ukrnafta paid almost UAH 11.5B in taxes in Jan-Oct 2021

“In January-October 2021, PJSC Ukrnafta paid UAH 11.45 billion of taxes. This amount includes rent payments for subsoil use, VAT, income tax, excise duty and other taxes,” reads the report.

Over the reporting period, the company transferred UAH 6.75 billion of rent payments for subsoil use to the state and local budgets of various levels. In particular, local budgets received UAH 337.6 million.

Twitter: @ukrinform
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USE AN IDENTITY PIN FOR SECURITY WHEN FILING TAXES | 1330 & 101.5 WHBL

In observing National Tax Security Awareness Week, Secretary Peter Barca said the agency will be ready by mid-December to accept applications for a taxpayer's unique Identity Protection PIN number through the Department of Revenue's website, offering what he called "yet another layer in our

Once you get a PIN, you'll be able to use it in the signature line on your Wisconsin individual tax return and homestead credit claim. Those who sign up for the program will receive a new PIN each year, ensuring that nobody but you will be able to claim your Wisconsin tax return.

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Publisher: 1330 & 101.5 WHBL
Author: Kevin Zimmermann
Twitter: @WHBL
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Joe Biden's 'aggressive' use of a tax loophole he's trying to shut down - The Washington Post

"Any one may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase one's taxes."

Whenever there is a controversy over whether a politician paid enough in taxes, we are reminded of Hand's famous quotation. There is nothing wrong with someone taking legal steps to reduce the taxes they may owe.

Publisher: Washington Post
Date: 2021-11-30T08:00:30.575Z
Twitter: @WashingtonPost
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Avoiding Late Payments for Deferred Payroll Taxes Under CARES Act

Companies that took advantage of the payroll tax deferral under the Coronavirus Aid, Relief, and Economic Security (CARES) Act should be aware of an IRS position regarding repayment of the deferred taxes. If repayment is delinquent, even by just one day, a harsh consequence could ensue.

Publisher: The National Law Review
Date: 5493B547C0AB527FF4CF8C4D0127302A
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Spring-loaded awards merit accounting scrutiny, SEC staff says - Journal of Accountancy news

Nonroutine "spring-loaded" grants made by companies to executives merit particular scrutiny by those responsible for compensation and financial reporting governance at public companies, according to SEC staff accounting guidance issued Monday.

Publisher: Journal of Accountancy
Date: 2021-11-29T17:05:15.000-05:00
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Art of Accounting: Is anything new after eight years? | Accounting Today

Anniversaries cause reflection and I asked myself if anything is new after eight years. The obvious response is plenty.

This is a critical issue since owners and partners cannot advance if staff do not advance. Staff should also care about it because they want to know what they need to do to move up and acquire more skills and responsibilities.

Publisher: Accounting Today
Date: 2021-11-29T15:52:23.542
Author: https www accountingtoday com author edward mendlowitz
Twitter: @AccountingToday
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Lease Accounting Adoption: Market Snapshot - FEI

In November, the FASB met to consider yet another potential delay to the deadline for ASC 842 lease accounting compliance, and (unsurprisingly) their response was an unequivocal message to the market that this is it….no more delays, and no more excuses.

Twitter: @FEInews
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2021's best online master's in forensic accounting degrees | ZDNet

Forensic accountants assess financial data to identify financial fraud. Forensic accountants also work to prevent fraud by detecting risks and potential weaknesses within financial practices.

Forensic accounting is an exciting field that blends analytical skills, research abilities, and a sense of mystery and investigation. To find the right master's degree in forensic accounting for you, take a look at the rankings below.

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Publisher: ZDNet
Author: Melissa Sartore
Twitter: @ZDNet
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Armanino Jumps Dramatically in Rankings for 2022 Best Accounting Firms for Diversity | News |

SAN RAMON, Calif., Nov. 29, 2021 (GLOBE NEWSWIRE) -- Armanino LLP, one of the 25 largest accounting and business consulting firms in the U.S., today announced it has made massive leaps in the Firsthand (formerly Vault) 2022 Best Accounting Firms for Diversity rankings .

Publisher: The Bakersfield Californian
Author: Armanino GLOBE NEWSWIRE
Twitter: @Bakersfieldcali
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Eide Bailly merges in PWB | Accounting Today

Eide Bailly LLP, a Top 20 Firm based in Fargo, North Dakota, is adding PWB CPAs & Advisors, a firm based in the Minneapolis-St. Paul, Minnesota, area, effective Dec. 6, 2021.

The deal will add two offices to Eide Bailly's presence in the Twin Cities, one in Bloomington and the other in Plymouth, Minnesota. PWB, short for Peterson Whitaker & Bjork, offers a variety of audit, accounting, tax, consulting and outsourced bookkeeping services.

Publisher: Accounting Today
Date: 2021-11-29T17:54:47.033
Author: https www accountingtoday com author michael cohn
Twitter: @AccountingToday
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Global Accounting Body Hires Leaders in Building ESG Standards

The body that runs the International Accounting Standards Board has hired two people with development banking and sustainable finance backgrounds as it prepares to launch the first binding sustainability reporting standards.

Twitter: @tax
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XO Accounting Reveals Their Practical Tips To Help Businesses Trim Overhead Costs

Going digital, explains XO Accounting, can also mean automating certain tasks that may currently be undertaken by an administrative assistant: scheduling appointments, invoicing, and following up with customers and clients are all examples of operations that do not require a paid employee.

Date: 9D28F7743C790DD88F2D9C7375EF7ED5
Author: XO Accounting
Twitter: @PRNewswire
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People’s Self-Help Housing Taps Christi Ware as Director of Accounting and Finance |

Christi Ware has been promoted to the newly created position of director of accounting and finance for People’s Self-Help Housing (PSHH).

“Christi has a thorough understanding of our financial operations and was a natural choice for this important, new leadership role,” said Griffin Moore, PSHH chief financial officer.

Date: 2C0DB4147C6992EB2693FB5746CB06A9
Author: Noozhawk
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Associate Professor/Professor of Accounting, Audit job with MONASH UNIVERSITY | 273342

If you are looking for the next chapter in your career, it is here. You will be given the opportunity to challenge yourself, build on your skills, and make a significant contribution to a workplace that's filled with highly motivated and inspiring scholars and professional staff.

Visit our  'why work at Monash'  website page to find out further benefits Monash University offers.

Publisher: THEunijobs
Twitter: @timeshigherjobs
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Happening on Twitter

Monday, November 29, 2021

3 Ways To Integrate Trust-Building Techniques Into Your Business

Building trust within your business is a true form of currency. Regardless of the industry you work in, adopting trust-building techniques for the purpose of offering genuine solutions is essential for securing your reputation–and clients.

When it comes to money, bringing on any person or firm to help you requires a great deal of trust. McBroom has three methods that business owners, regardless of their industry, should be taking to turn potential clients into trusted, paying clients. 

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Publisher: Forbes
Date: 2021-11-29
Author: Stephanie Burns
Twitter: @forbes
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As Craig ends program, previous recipients of the city's Small Business Grant discuss its

For the past three years, the city of Craig awarded tens of thousands of dollars per year as part of its Small Business Grant program.

For the moment, at least, that program is going away. A mix of concerns over the grant's legality relative to the city charter and its efficacy relative to the city budget led to a controversial nixing of the program as city council barreled toward its eventual 2022 budget approval in

Author: author cuyler meade
Twitter: @craigdailypress
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City of Ocean Springs celebrates Small Business Saturday - WXXV News 25

Small Business Saturday was hailed a success in Ocean Springs, giving shoppers a jump on collecting gifts at discounted rates.

It was a perfect Saturday to take a leisurely walk through downtown Ocean Springs. Droves of visitors lined up outside the area's independent shops.

Publisher: WXXV News 25
Date: 2021-11-29T21:49:57 00:00
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Cryptocurrency Business Coming to Connecticut – NBC Connecticut

Digital Currency Group is moving from New York City to Stamford. DCG describes itself as a leading investor in Bitcoin and Blockchain technology companies.

That's very different from the manufacturing sector, which the governor has been pushing for more of in our state.

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Publisher: NBC Connecticut
Date: 2021-11-29T18:55:10 00:00
Twitter: @nbcconnecticut
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Whatever Happened to Business Supercomputers?

It once seemed inevitable -- a surefire thing -- that supercomputers would help businesses tackle the demands imposed by massive databases, complex engineering tools, and other processor-draining challenges. Then, suddenly, both technology and businesses took a different course.

Publisher: InformationWeek
Date: 2021-11-29T12:00:00.000Z
Author: https www informationweek com author john edwards
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Bloomberg - Are you a robot?
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eBay acquires the sneaker authentication business from partner Sneaker Con Digital –

Online marketplace eBay is further investing in its sneaker business with today’s news that it’s acquiring Sneaker Con Digital’s authentication business, which verifies the authenticity of high-value footwear. The business has operations in the U.S., U.K.

Sneakers have become a large category on eBay’s marketplace, where today there are over 1.9 million pairs available to buy every day.

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Publisher: TechCrunch
Date: 2021-11-29 07:32:37
Author: Sarah Perez
Twitter: @techcrunch
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7 steps for better business-IT collaboration | CIO

CIOs have been hearing those imperatives for years, with each of those commands addressing the need for IT to work hand-in-hand with the business.

Despite such advice and general agreement with it, many CIOs still struggle to get their teams and the business units to collaborate effectively. A 2021 report from software company Dynatrace showed that 49% of the 700 CIOs surveyed said that their IT and business teams continue to work in

Publisher: CIO
Date: 2021-11-29T02:00-05:00
Author: Mary K Pratt
Twitter: @CIOonline
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Parade of Lights brings ... business to downtown Sioux Falls | KELOLAND.com

SIOUX FALLS, S.D. (KELO) — The annual Sioux Falls Parade of Lights is a downtown spectacle that draws thousands to the City of Sioux Falls each year. With the influx of people, so too comes an influx of business for those along the parade route.

Based on the assessment of Joe Batcheller, President of Downtown Sioux Falls, Inc. (DTSF), this was a nice year for the parade.

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Publisher: KELOLAND.com
Date: 2021-11-29T23:01:08 00:00
Author: Jacob Newton
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Wayne County Commissioners Pass 2025 Budget

More detai...