Opinion | Spending cuts alone won’t fix the national debt. Taxes are needed, too.

Editor's Note: This editorial is part of a series that looks at the challenges of tackling the growing federal debt and the specific programs that drive it. Read the first installment on the debt problem and the installment on nondefense discretionary spending .

In our series of editorials on the nation's out-of-kilter budget, we have explained how to cut federal spending without hollowing out core government functions.

Publisher: Washington Post

Date: 2023-06-30T14:44:46.164Z

Twitter: @WashingtonPost

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Evolving accounting's storytelling around staff | Accounting Today

Many of the proposed solutions to the talent shortage focus on recruiting new accountants or exploring new talent models. However, it is imperative to also renew our focus on retaining the talent we already have.

Convincing young professionals to stay and recruiting new accountants into the field is likely to become even more challenging amid the disruptions from economic uncertainty, the increasing complexities of globalization, and the transformative impact of technology on our profession.

Publisher: Accounting Today

Date: 2023-06-29T13:00:00

Author: https www accountingtoday com author carin giuliante

Twitter: @AccountingToday

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DoorDash, Shifting Business Model, Will Offer Drivers Hourly Pay - The New York Times

DoorDash said on Wednesday that it would begin giving its delivery drivers the option to be paid an hourly minimum wage, instead of earning money for each delivery.

The significant shift in compensation could be an answer to concerns that some delivery people are not paid fairly. It could also add an incentive for drivers to pick up smaller orders that don't pay as well and that they would typically avoid.

Date: 2023-06-28T12:00:11.000Z

Twitter: @nytimes

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Best ways to send money? – USA TODAY Blueprint

Blueprint is an independent, advertising-supported comparison service focused on helping readers make smarter decisions. We receive compensation from the companies that advertise on Blueprint which may impact how and where products appear on this site.

"Verified by an expert" means that this article has been thoroughly reviewed and evaluated for accuracy.

Publisher: USA TODAY Blueprint

Date: 2023-06-27T10:01:12 00:00

Author: Sarah Sharkey

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County budget hearing set for Tuesday – Chico Enterprise-Record

OROVILLE — The Butte County Board of Supervisors is prepped to hold its annual budget hearing Tuesday to go over funding allocations as well as take comments from the public.

This hearing will consist of budget overviews while also opening the possibility of making adjustments to the budget as recommended. The meeting is set for 1 p.m., Tuesday, June 27 at the Butte County Board of Supervisors Chambers at 25 County Center Drive.

Publisher: Chico Enterprise-Record

Date: 2023-06-26T10:41:28 00:00

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HR Hotline: How Do We Calculate Overtime Pay During a Holiday Pay Period? » CBIA

A: In Connecticut, holiday hours are not considered "working hours," and so should not be counted as part of the 40-hour regular work week. 

For example, suppose an hourly, non-exempt employee receives eight hours of holiday pay for July 4. The employee works 32 hours over the course of the other four weekdays. The employer also asks them to work six hours on Saturday. 

Publisher: CBIA

Date: 2023-06-22T13:00:00 00:00

Author: Amanda Marlow

Twitter: @cbianews

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Tourist sub’s implosion draws attention to murky regulations of deep-sea expeditions – ...

It's a space on the high seas where laws and conventions can be sidestepped by risk-taking entrepreneurs and the wealthy tourists who help fund their dreams. At least for now.

"Aviation was in its infancy — and it took accidents for decisions to be made to be put into laws," Mercogliano said. "There'll be a time when you won't think twice about getting on a submersible and going down 13,000 feet. But we're not there yet."

Publisher: Whittier Daily News

Date: 2023-06-23T18:24:15 00:00

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Economics Newsletter: A Housing Boom Around the Corner | Manhattan Institute

Economics Newsletter: A Housing Boom Around the Corner | Manhattan Institute

Allison Schrager  is a senior fellow at the Manhattan Institute. Follow her on Twitter  here .

Publisher: Manhattan Institute

Date: 2023-06-20T20:51:52 00:00

Twitter: @ManhattanInst

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Former 49ers, Raiders linebacker Bill Romanowski owes $15 million in unpaid taxes, court filing says

The claims against the former linebacker and his wife, Julie Romanowski, come as the Internal Revenue Service seeks to finally collect on a ballooning tax bill for the East Bay couple dating back 25 years — one that has grown by millions of dollars since authorities first won a court ...

Publisher: _____

Date: 2023-06-22T00:08:30 00:00

Author: Federal authorities are asking a judge to seize a nutritional company founded by the former NFL star

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10 Opportunities for Accounting | Accounting Today

Publisher: Accounting Today

Twitter: @AccountingToday

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New Business Licenses - The Advocate-Messenger | The Advocate-Messenger

May 1: Russell Keith Rothwell Jr., RK Rothwell LLC, 186 Candlewood Dr., Danville, KY 40422, Vendor Mall Booth

May 2: Terra Harrison Real Estate, same, 200 Ramblewood Way, Nicholasville, KY 40356, Real Estate Sales

May 2: Jessica R. Bird, Birds Patriot Income Tax, 217 Jane Trail, Danville, KY 40422, Income Tax Preperation

Publisher: The Advocate-Messenger

Date: 2023-06-20T13:19:23 00:00

Author: John Reitman

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Why you should never keep all your money in one bank

It turns out that more and more people are losing access to their money after their bank froze their accounts.

Levi Yisrael is a home rehabber who does a lot of banking to keep his business running. So imagine his shock when he deposited a customer's check, and his bank alerted him it was freezing his assets until they investigated the deposit.

Publisher: ABC 10 News San Diego KGTV

Date: 2023-06-19T10:22:18.969

Twitter: @10news

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Edinburg budget workshops raise questions | MyRGV.com

Edinburg budget workshops raise questions | MyRGV.com

E DINBURG — Officials here kicked off the fiscal budget planning season this week with a pair of workshops during which department heads presented their wish lists for additional personnel and equipment for the upcoming year.

But the discussions, which took place over about a combined six hours Monday and Tuesday, led to questions from the Edinburg City Council over borrowed money that has yet to be spent even as interest accrues on the debt.

Publisher: MyRGV.com

Date: 2023-06-17T21:22:00 00:00

Author: Dina Ar valo

Twitter: @MyRGVNews

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Virginia home healthcare agency, owners pay $604K in back wages, damages after federal ...

VIRGINIA BEACH, VA – The U.S. Department of Labor has recovered more than $604,000 in back wages and liquidated damages for 50 employees of a Virginia Beach home healthcare agency that illegally asked workers to waive their right to receive hard-earned overtime pay.

An investigation by the department's Wage and Hour Division found Progressive Services of Virginia LLC and co-owners Georgiana Smith and Richard Smith asked direct care employees to sign documents waiving their rights to overtime compensation.

Publisher: DOL

Twitter: @USDOL

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ACL Proposes Update to Older Americans Act Program Regulations | HHS.gov

"Like the Inflation Reduction Act, which has cut health care costs for millions of older adults, and the steps we have taken to strengthen Medicare and Medicaid, the update to the Older Americans Act regulations reflects President Biden's commitment to supporting the health and well-being of ...

Publisher: HHS.gov

Date: 2023-06-15T10:15:00-0400

Twitter: @HHSgov

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Economics Newsletter: A Looming Housing Crisis | Manhattan Institute

No one knows what vulnerabilities that lurk in the economy will bite us when a recession comes. One big worry is the housing market, it caused the last financial crisis and has a big impact on household wealth. Rising interest rates and economic concerns tend to cool housing demand.

Publisher: Manhattan Institute

Date: 2023-06-14T14:00:35 00:00

Twitter: @ManhattanInst

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Windfall taxes get a breezy airing Down Under | Reuters

For starters, the changes only come into effect when the price of coal is really high. For anything over $175 a tonne, 20% is taken off the top, rising to 30% above $225 a tonne and 40% if it costs more than $300 a tonne.

It's a good model for others to follow, be that New South Wales, the Australian federal government or administrations abroad. And the beauty is that it kicks in when companies ought already to be raking in the cash. It's a fair trade worth emulating.

Publisher: Reuters

Date: 2023-06-14T06:01:36Z

Author: Antony Currie

Twitter: @Reuters

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The State of Accounting Automation - CPA Practice Advisor

It may feel like automation has been the hottest tech topic for nearly a decade now, but when it comes to practical application we are only just beginning to scratch the surface.

But, it is only a matter of time until we witness an inflection point, where adoption of automation increases exponentially overnight. As a former accounting pro myself, I've seen firsthand the transformative effects accounting automation can deliver to both an organization and its people.

Publisher: CPA Practice Advisor

Date: 2023-06-12T18:32:00 00:00

Twitter: @cpapracadvisor

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How to Establish and Build Business Credit

Everything that you need to know to start your own business. From business ideas to researching the competition.

Practical and real-world advice on how to run your business — from managing employees to keeping the books.

Our best expert advice on how to grow your business — from attracting new customers to keeping existing customers happy and having the capital to do it.

Publisher: https://www.uschamber.com/co/

Date: 2023-05-24T00:00:00-04:00

Author: Emily Heaslip

Twitter: @GrowWithCO

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4 Tips For Talking With Your Partner About Money

4 Tips For Talking With Your Partner About Money

You may hit it off with someone romantically, but finances and money can derail even the most star-crossed of lovers.

CNBC Select spoke with Wendy Wright, a Denver-based financial therapist and marriage therapist, about how you and your partner keep your conversations about money from turning into bitter arguments.

Publisher: CNBC

Date: 2023-06-10T12:00:01 0000

Author: https www facebook com CNBC

Twitter: @CNBC

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City Receives Distinguished Budget Presentation Award - City of Coral Springs

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Overtime pay in Alabama to be temporarily exempt from income tax | Fox News

Overtime pay in Alabama will be temporarily exempt from state income tax under a tax cut approved Tuesday by lawmakers

The legislation will exempt overtime pay from the state's 5% income tax beginning in the 2024 tax year. The tax cut will expire in June of 2025 unless renewed by lawmakers.

Publisher: Fox News

Date: 2023-06-07

Twitter: @foxnews

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Can AI companies still move fast and break things despite pending regulations?

Irene Liu   Executive in Residence / UC Berkeley / School of Law and Founder / Hypergrowth GC

The ethos of tech start-ups and industry entrepreneurs may run headlong into a brick wall of federal & state regulations around new iterations of generative AI and other related technologies

Publisher: Thomson Reuters Institute

Date: 2023-06-07T13:04:09 00:00

Author: greggwirth

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Economics Newsletter: The Debt Issue Isn't Over | Manhattan Institute

As usual, the debt ceiling drama came and went. But drama obscured the important fact that US debt is still too large and growing to much higher levels on the path it is on. It is a problem that needs to be addressed.

Allison Schrager  is a senior fellow at the Manhattan Institute. Follow her on Twitter  here .

Publisher: Manhattan Institute

Date: 2023-06-06T18:01:57 00:00

Twitter: @ManhattanInst

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How to save on taxes when paying for college

LAS VEGAS — College is a major expense for many families, but a payment strategy can provide significant tax savings, according to a college funding expert.

"Distribution planning is not just for retirement," said certified financial planner Ross Riskin, chief learning officer for the Investments & Wealth Institute. Families also need a plan when tapping assets to pay for college , he said.

Publisher: CNBC

Date: 2023-06-06T13:30:01 0000

Author: https www facebook com CNBC

Twitter: @CNBC

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Culling versus keeping | Accounting Today

Jean Marie Caragher, the president of Capstone Marketing, talks about why getting rid of bad clients can make a difference when it comes to keeping good staff, and much more.

Yeah, we're excited this morning be before this recording, you were doing a session. You're talking about culling clients and both the importance of culling clients, but also the importance of retaining the right kinds of clients.

Publisher: Accounting Today

Date: 2023-06-05T13:28:28.607

Author: https www accountingtoday com author daniel hood

Twitter: @AccountingToday

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Lubbock's business news includes May roundup, upcoming articles

Due to the end-of-month business roundup being my focus this week, and having a holiday, this will be a pretty short column.

This was the final week of the month, meaning I rounded up all the business closings, openings, and announcements I could confirm that occurred in May. In the May roundup, there were seven openings, four closings, and four announcements. Make sure you read the article for the details.

Publisher: Lubbock Avalanche-Journal

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Commissioners to hear from public on budget June 6 | Mountain Xpress

The Buncombe County Board of Commissioners will hear from the public on next year's county budget at its meeting of Tuesday, June 6.

The budget represents a bump of roughly 6.4%, or about $25.5 million, over the one adopted last year. Included in that increase are 44 new county positions and boosts to education funding, as previously reported by Xpress .

Publisher: Mountain Xpress

Twitter: @mxnews

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