RBJ's Power 30 Accounting & Insurance 2023

The Rochester Business Journal's Power List program continues this week with our 2023 Power 30 Accounting & Insurance.

The list includes individuals who dedicate their time to helping members of the Rochester community navigate the ever-changing accounting and insurance needs of businesses in today's environment.

Publisher: Rochester Business Journal

Date: 2023-03-31T10:00:08 00:00

Author: Rochester Business Journal Staff

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IMA Announces Strategic Partnership with LEC Graduate School of Accounting

Partnerships aim to inspire a new generation of leaders to advance the management accounting profession and U.S. CMA certification in Japan

The collaboration will enable LEC Graduate School of Accounting to offer the globally recognized U.S. CMA ® (Certified Management Accountant) certification program to its students in Japan . The U.S.

Publisher: Yahoo Finance

Twitter: @YahooFinance

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Real-Time Data Breaks Monthly Accounting Rituals | PYMNTS.com

Contextual real-time data, not Advil, is helping CFOs solve lingering spend management headaches.

"COVID pushed companies to move most of their infrastructure to the cloud, to a more standard stack supported by leading vendors," Zehavi said.

He emphasizes that post-COVID, rather than having to wait one day, two days or even until the end of the month for payments data to reach spend management platforms to be audited for anomalies, businesses can now get the data and control expenses in real time — allowing them to define and ...

Date: 2023-03-29T04:01:12-04:00

Twitter: @PYMNTS.com

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UHart Impacted By Major Accounting Error: School Officials | West Hartford, CT Patch

WEST HARTFORD/HARTFORD, CT — The University of Hartford this week detailed a major accounting error regarding bonding for various campus renovations, resulting in the person responsible no longer being employed at the university.

Publisher: West Hartford, CT Patch

Date: 2023-03-31T13:13:09Z

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Column: US money supply falling at fastest rate since 1930s | Reuters

ORLANDO, Florida, March 29 (Reuters) - U.S. money supply is falling at its fastest rate since the 1930s, a red flag for the economy and financial markets.

Money supply has now been shrinking year-on-year since December, an unprecedented development in modern times that should make investors sit up and take notice - growth, asset prices and inflation could all weaken.

Publisher: Reuters

Date: 2023-03-29T15:51:25.459Z

Author: Jamie McGeever

Twitter: @Reuters

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Money's moving out of the banking system — and into money market funds

Over the last couple of weeks, cash crowded into U.S. money market funds at the fastest clip since the COVID crisis hit.

Why it matters: The flow of dollars to money market funds for safekeeping highlights the anxiety that the collapse of Silicon Valley Bank introduced into the financial system.

Publisher: Axios

Date: 2023-03-27T11:35:00Z

Author: Matt Phillips

Twitter: @axios

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Financial Fears in 2023: These Are the 4 Top Money Stressors for Women | GOBankingRates

GOBankingRates' 2023 Women & Money survey asked over 1,000 American women about their biggest sources of financial worry and stress — and the No. 1 stressor wasn't saving for retirement or paying for emergencies, but merely having enough money to get by on a day-to-day basis.

Publisher: GOBankingRates

Date: 2023-03-29T04:00:14Z

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Polarized country unites around desire for more money

Context: In an age of hyper polarization, people are becoming increasingly isolated — and the pandemic intensified their feeling of loneliness.

Meanwhile, Americans view the economy as unsteady — and in unsteady times, money becomes more important as a reliable foundation you can rest upon.

Publisher: Axios

Date: 2023-03-28T21:49:32Z

Author: Nathan Bomey

Twitter: @axios

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Governor Moore Releases Supplemental FY 2024 Budget Plan - Press Releases - Office of Governor Wes ...

ANNAPOLIS, MD – Today, Governor Wes Moore announced his supplemental FY 2024 budget plan, which includes key adjustments to his first proposed budget to account for new revenue projections.

"This administration will always be guided by the data and the facts. Our supplemental budget adapts to new revenue projections while ensuring we invest in the priorities that matter most to Marylanders,"  said Governor Moore.

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Moore announces supplemental budget with $35 million for state employees as legislative budget ...

Gov. Wes Moore (D) said Monday that he will send a supplemental budget proposal to the General Assembly that would include nearly $35 million for salary increases for state employees and funding to replace the contractor at the Charlotte Hall Veterans Home .

Moore's administration said the supplemental spending plan was necessary after the Board of Revenue Estimates projected a decrease in state revenues of nearly $478 million during the current and next fiscal year.

Publisher: Maryland Matters

Date: 2023-03-28T11:25:35 00:00

Author: Danielle E Gaines

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Biden Judge Orders Lower Court to Ensure that Workers Get Proper Overtime Pay - People For the ...

Judge Gustavo Gelpí, nominated by President Biden to the US Court of Appeals for the First Circuit, wrote a unanimous opinion that reversed a district court ruling in favor of a corporation and ordered it to use proper legal standards in determining the eligibility of an energy company's ...

Unitil Service Corp. operates and controls the electrical grid and gas pipelines that provide energy to 200,000 customers in New England. The company employs dispatchers and controllers whose primary job is to control these systems "to keep electricity or gas flowing safely.

Publisher: People For the American Way

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Former Polk County deputy falsified time cards to collect thousands of dollars in overtime pay

WINTER HAVEN, Fla. - A former Polk County Sheriff’s Office deputy is facing fraud charges after investigators say he falsified time cards. 

According to PCSO, 33-year-old Bruce West, Jr., collected $15,357 in unearned money by falsifying time cards to claim overtime hours he did not work. 

Publisher: FOX 13 Tampa Bay

Date: 2023-03-24

Twitter: @FOX13news

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DOL: Bimbo Bakeries cannot countersue workers seeking overtime pay | HR Dive

DOL cited past legal precedents that found similar cause for intervention.

And in its proposed motion to dismiss Bimbo Bakeries' counterclaim, the agency pointed to previous judicial interpretations of the FLSA, which found that employers cannot sue workers to offset potential back wages, according to DOL.

Publisher: HR Dive

Date: 2023-03-24

Author: Emilie Shumway

Twitter: @hrdive

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Utility dispatchers, controllers may be entitled to overtime pay under FLSA | Business Insurance

BI's Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, "workers compensation". This will limit your search to that combination of words.

Publisher: Business Insurance

Twitter: @https://www.businessinsurance.com/article/20230323/NEWS06/912356372/Dispatchers,-controllers-may-be-entitled-to-overtime-pay-under-FLSA-Martin-J-Wa

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Apple Accused of Omitting Overtime Pay From Employees with Stock

A former Apple Inc. worker has sued the technology company, accusing it of mismanaging overtime pay for employees who owned vested restricted stock.

Plaintiff Francis Costa's collective action complaint was filed Thursday at the US District Court for the Northern District of California in San Jose.

Twitter: @BLaw

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Happening on Twitter

Biden's collusion with Big Tech is about to be exposed! https://t.co/b2gHuXoz1P NickAdamsinUSA (from United States) Thu Mar 23 11:00:36 +0000 2023

Kansas bill on child care regulation overhaul struggles to pass

Kansas bill on child care regulation overhaul struggles to pass

Kansas lawmakers are advancing an overhaul of child care regulations, but supporters don't have enough votes to override a potential veto.

"It's really about cramming more children in a smaller space and having them supervised by less well-trained staff," said Sen. Ethan Corson, D-Fairway. "At its base, that's what this bill is about.

Publisher: The Topeka Capital-Journal

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Mill Valley to adopt 'electric mobility device' regulations

Mill Valley plans to adopt safety regulations governing electric bicycles and other “electric mobility devices.”

The City Council unanimously approved the ordinance during its meeting on Monday. The vote was a first reading of the ordinance, and a vote to adopt it is planned for next month.

Publisher: Marin Independent Journal

Date: 2023-03-26T00:36:15 00:00

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Elik bill modifies regulations on DCFS drivers | Granite City News | advantagenews.com

Publisher: AdVantageNews.com

Author: Doug Jenkins Big Z Media

Twitter: @newsadvantage

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EU seeks global recognition of digital regulations

The EU is seeking recognition of the bloc's digital regulations globally via the United Nation's Global Digital Compact, Euractiv reports. The U.N. initiative aims to establish shared digital principles on a global scale.

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Happening on Twitter

Yesterday, a Kansas Senate Committee approved a bill that would make gold and silver legal tender in the state and… https://t.co/0d9PTm1lDw TenthAmendment (from Constitution, USA) Fri Mar 24 17:00:00 +0000 2023

Bill Self's coaching greatness on display the last 2 weeks as Kansas struggled without him. WhitlockJason (from Nashville) Sat Mar 18 23:54:50 +0000 2023

Doughnut economics: Consumption that doesn’t deplete natural resources

This share prices have a 15 minute delay and are shown in the local time of the market in which the quote is displayed.

Sustainable growth hinges on meeting both humans' and the environment's needs. Several cities have adopted a new economic development model to address the climate crisis. Here we tell you what it is and how you can form part of it.

Date: 2023-03-24

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Why are young people driving less? Evidence points to economics, not preferences

Publisher: Brookings

Date: 2023-03-24T16:12:11 00:00

Author: _____

Twitter: @BrookingsInst

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U.S.-China Decoupling: America's Zero-Sum Economics Doesn't Add Up

A unilateral U.S. withdrawal from commerce with China would be partially offset by other economies taking up market share where the United States no longer operated.

In big-league sports, the best job is to be league commissioner. You can ultimately decide the big questions of how the game is played.

Publisher: Foreign Policy

Date: 1679653553

Author: Adam Posen

Twitter: @ForeignPolicy

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Why we need a new economics of water as a common good

Destruction of the Amazon rainforest adversely affects rainfall in Brazil's downwind neighbours. Credit: Maxime Aliaga/Nature Picture Library

Water managers have always had to deal with natural variability, building larger reservoirs and tapping aquifers to fight scarcity, for example.

Date: 2023-03-22

Author: citation_journal_title Environ Res Lett citation_author A Staal citation_volume 15 citation_publication_date 2020 citation_pages 044024 citation_doi 10 1088 1748 9326 ab738e citation_id CR2

Twitter: @nature

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Role models matter: UWE's journey to St.

Illinois State University's Undergraduate Women in Economics (UWE) joined others in February to attend the annual Women in Economics Symposium.

Organized by the St. Louis Fed, the symposium started in 2018 with the launch of the Women in Economics Podcast Series. The initiative is designed to connect young women with accomplished women in the economics profession who can share their career journeys.

Publisher: News

Date: 2023-03-21T18:33:47 00:00

Twitter: @IllinoisStateU

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Happening on Twitter

Finally caught up to @KateRaworth @SenSanders and @martinwolf_ discussing democracy & capitalism on @BBCRadio4 and… https://t.co/odhVWdgsg0 JKSteinberger (from Switzerland) Sat Mar 25 08:15:52 +0000 2023

Why Raising Taxes Is A Misguided Approach To Inflation Control

Jerome Powell, Chair, Board of Governors of the Federal Reserve. Some commentators argue the Fed ... [+] should have taxing authority to aid in its mission to maintain price stability. (Photo by Scott Olson/Getty Images)

The authors claim that the mechanisms outlined in the chart are too complicated to work cleanly. The problems with using interest rates to curb inflation are more serious than this, however.

Publisher: Forbes

Date: 2023-03-24

Author: James Broughel

Twitter: @forbes

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Most Americans Take the Standard Deduction for Taxes, but Should You Itemize? - CNET

Deductions are adjustments you declare on your annual tax return to lower your taxable income. Lower taxable income results in a lower tax bill. There are many opportunities for deductions, but if you elect to take them, you must itemize them clearly before submitting your tax paperwork to the ...

Publisher: CNET

Author: Nick Wolny

Twitter: @CNET

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Biden's Budget Would Raise Taxes On High-Income Households, Cut Them For Many Others

PHILADELPHIA, PENNSYLVANIA - MARCH 09: President Joe Biden talks about his proposed FY2024 federal ... [+] budget. (Photo by Chip Somodevilla/Getty Images)

If you look only at Biden's proposed changes in direct taxes on households, including individual income taxes, payroll taxes, and estate taxes, the average tax increase falls by more than half, to about $1,100.

Publisher: Forbes

Date: 2023-03-23

Author: Howard Gleckman

Twitter: @forbes

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Get help on your taxes at Carlsbad Library

Tax season is upon us, and if you are like me this might give you some anxiety. There are all these form with your information on earnings, interest, and health insurance. And you can choose different IRS forms. Do you even know where to start, should you hire a CPA?

Each year we get forms from the State and the IRS. All the forms we get are free to the public. Always make sure to check early for our State forms, we only receive a small amount and they go quickly. What if all the forms are gone? Don't worry we can print you any form you need.

Publisher: Carlsbad Current-Argus

Author: Sarah Jones

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File your taxes for free with the Tax Department

ALBANY, N.Y. ( NEWS10 ) – The New York State Tax Department is reminding eligible New Yorkers of its free Taxpayer Assistance Program (TAP). Those with a federal adjusted gross income of $73,000 or less qualify for in-person or virtual assistance.

People with limited time in their schedules and who cannot attend a TAP session may be eligible for help online through Free File . Free File provides free tax preparation software options to eligible New Yorkers.

Publisher: NEWS10 ABC

Date: 2023-03-24T15:36:28 00:00

Author: John Rizzo

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Carter County Audit Details Poor Accounting Practices

The annual audit of Carter County government indicates significant weaknesses in the Office of the Finance Director.

The fiscal year 2022 audit includes a total of 11 findings, six of which outline deficiencies, areas of noncompliance, and material weaknesses in the finance department.

Date: Tuesday March 21 2023 09:00am

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Professor Wins Second Accounting Ethics Award | Royal News: March 22 2023

An article written by University of Scranton Doctor of Business (DBA) graduates Amanda S.

This is the second-time Dr. Marcy received the Curt Verschoor Ethics Feature of the Year Award. She received the award in 2020 for an article co-written with Douglas M. Boyle, D.B.A., chair of the University’s Accounting Department; James F. Boyle, D.B.A.

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A Guide to Accounting Software Pricing Models

With that in mind, we've compiled this comprehensive pricing guide to help you compare the pricing of top-rated accounting solutions. This will help you determine which plan will provide the most value for your investment and explain how accounting tools are priced.

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US Crypto Accounting Plan Aims to Capture Bitcoin Volatility

Companies that go all in on cryptocurrency—or even just dabble in it—would get long-awaited accounting rules under a proposal floated Thursday by US accounting standard-setters.

The plan calls on companies that hold cryptocurrencies to report them at fair value , a measurement aimed at capturing the most up-to-date value of assets like Bitcoin and Ether.

Twitter: @tax

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Happening on Twitter

News: Jalen Carter has entered a deal with Athens-Clarke County solicitors, per his lawyer. Carter has pled no cont… https://t.co/yl1MomIVOf SethWEmerson (from Athens, GA) Thu Mar 16 14:43:56 +0000 2023

"Even after being informed that he could leave, Mr. Carter returned to the scene at the request of the Athens-Clark… https://t.co/G7vXbdUmmy DawgOutWest (from SW Colorado) Thu Mar 16 16:32:06 +0000 2023

US-ASEAN Business Council 'biggest' mission to Vietnam joined by companies including Netflix and ...

Dozens of American companies are in Vietnam this week in hopes of pushing further into the fast-growing Southeast Asian economy, which has emerged as an attractive potential alternative to China as companies seek to diversify their markets and supply chains.

Senior executives from 52 US firms are taking part in the biggest business mission ever organized by the US-ASEAN Business Council, the trade lobby told CNN.

Publisher: CNN

Date: 2023-03-22T01:12:22Z

Author: Michelle Toh

Twitter: @CNNbusiness

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Mastering The Basics Of Business Finance Management

Good business financial management is essential for positioning a business for success. Without careful and responsible fiscal control, businesses often find themselves in trouble and heading toward bankruptcy.

One of the most critical components of managing a business is budgeting. Budgets outline how much money you expect to bring in and how much you plan to spend on various areas such as marketing, production, and payroll.

Publisher: Forbes

Date: 2023-03-22

Author: Melissa Houston

Twitter: @forbes

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Hong Kong retains spot as most expensive business destination in Asia

Hong Kong has been named the most expensive location in Asia for business travelers — for the second year in a row, according to a new report.

ECA International's latest Daily Rates research ranked countries based on costs for short trip expenses: four-star hotel rooms, meals, laundry, alcoholic and soft drinks, journeys by taxi and incidental costs.

Publisher: CNBC

Date: 2023-03-22T00:21:28 0000

Author: https www facebook com CNBC

Twitter: @CNBC

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Carolina Foothills Chamber of Commerce hosts Bites for Business - The Tryon Daily Bulletin | The ...

SALUDA-The Carolina Foothills Chamber of Commerce will host its quarterly Bites for Business event on April 19 at Looking Glass Realty, located at 108 East Main Street in Saluda. The Chamber's meeting will feature breakfast, networking and a discussion on how to amplify business.

Publisher: The Tryon Daily Bulletin

Date: 2023-03-22T15:31:00 00:00

Author: Grant Langston

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