Thursday, August 31, 2023

Hundreds of IRS employees worked for accounting firms | Accounting Today

Hundreds of IRS employees worked for accounting firms | Accounting Today

Nearly 500 Internal Revenue Service employees worked at large accounting firms or big companies either before, during or after they worked at the IRS, according to a new report examining the "revolving door" between the government agency and the tax industry.

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Publisher: Accounting Today
Date: 2023-08-29T21:51:02.781
Author: https www accountingtoday com author michael cohn
Twitter: @AccountingToday
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Wednesday, August 30, 2023

OpenAI launches ChatGPT Enterprise for businesses | CNN Business

OpenAI is releasing a version of its buzzy ChatGPT tool specifically for businesses, the company announced Monday, as an AI arms race continues to ramp up throughout corporate America.

Some of the early customers of ChatGPT Enterprise include fintech startup Block, cosmetics giant Estee Lauder Companies and the professional services firm PwC.

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Publisher: CNN
Date: 2023-08-28T20:24:59Z
Author: Catherine Thorbecke
Twitter: @CNNbusiness
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Monday, August 28, 2023

VA budget teams reach deal, including tax rebates

When General Assembly budget leaders announced an agreement on Friday that ends a six-month budget standoff , they outlined $1 billion in tax cuts, almost all of it through one-time payments of $200 to individual taxpayers and $400 to couples filing jointly.

In a one-page statement, they also touted investments in public education — both K-12 and higher education and money in financial reserves to cushion against economic uncertainty.

Publisher: Richmond Times-Dispatch
Date: 2023-08-25T16:29:00-0400
Author: MICHAEL MARTZ Richmond Times Dispatch
Twitter: @rtdnews
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Sunday, August 27, 2023

US Department of Labor recovers $174K in back wages for 50 caregivers employed by Fayetteville ...

Investigation findings: Investigators with the department's Wage and Hour Division found the North Carolina home health care service paid employees straight-time rates for all hours worked.

Quote: " All workers deserve the wages they legally earned, including those who provide essential care to people in our communities," said Wage and Hour Division District Director Richard Blaylock in Raleigh, North Carolina.

Publisher: DOL
Twitter: @USDOL
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Thursday, August 24, 2023

France's Le Maire vows to keep lowering taxes | Reuters

The French state must reduce public spending, he added, confirming that gas and electricity price caps would end.

Publisher: Reuters
Date: 2023-08-24T11:01:27Z
Author: Reuters
Twitter: @Reuters
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Wednesday, August 23, 2023

15 Accounting Firms Are Now Members of the 'Billion-Dollar Club' in the U.S.

Fifteen public accounting firms in the U.S. made $1 billion or more in revenue during their most recent fiscal year, according to the newly released top 500 firms ranking for 2023 from INSIDE Public Accounting.

There are three new additions to the "billion-dollar club" for 2023. At No. 13 is New York-based Marcum, which pulled in $1.21 billion, up from $799 million in IPA's 2022 ranking. Marcum jumped from 16th place to 13th place in the past year.

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Publisher: CPA Practice Advisor
Date: 2023-08-21T20:45:07 00:00
Author: Jason Bramwell
Twitter: @cpapracadvisor
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Tuesday, August 22, 2023

Goldman Sachs weighs selling part of wealth business in broad strategy revamp | Reuters

"This is part of the overall restructuring of the firm, back toward its roots," said Stephen Biggar, an analyst at Argus Research.

"They've been unable to carve a path of profitability and scale" for the RIA, which catered to high-net-worth individuals in mass markets outside of Goldman's core, ultra-wealthy clientele, Biggar said.

Publisher: Reuters
Date: 2023-08-21T20:01:28Z
Author: Saeed Azhar
Twitter: @Reuters
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Monday, August 21, 2023

TikTok trend ‘girl math,’ shows Gen Z thinks ‘money isn’t real’

If it's less than $5 it's basically free. If you return an item for a refund, you've made money. If you paid for a vacation months ago, it's free by the time you go on it. And if you buy something using cash you found in your pocket, it's also free.

That's the bizarre logic of "girl math," the latest TikTok trend in which women rationalize their spending in illogical ways.

Publisher: Yahoo Finance
Twitter: @YahooFinance
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Sunday, August 20, 2023

Maine’s budget surplus provides $65 million for affordable housing

Maine’s budget surplus provides $65 million for affordable housing
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Publisher: Press Herald
Date: 2023-08-17T20:58:30 00:00
Twitter: @pressherald
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Saturday, August 19, 2023

St. Louis police officers get boost in overtime pay | ksdk.com

Last February, investigators said  Tennessee-native Janae Edmondson  was walking back to her hotel from a volleyball tournament in Downtown St. Louis when a driver ran a yield sign, crashed and pinned her against another car. Edmondson lost both of her legs as a result of the crash.

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Publisher: ksdk.com
Date: 10:49 PM CDT August 18 2023
Twitter: @ksdknews
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Wednesday, August 16, 2023

France To Raise Airline Taxes To Invest $110 Million In Railways

France To Raise Airline Taxes To Invest $110 Million In Railways

France is raising airline taxes to fund train travel like here in Anthéor, France—south of Cannes, ... [+] along the Mediterranean coast.

The French government is set to finance an expansion and improvement of its rail sector to the tune of €100 million ($110 million) and has decided to do it by increasing the tax on airline tickets.

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Publisher: Forbes
Date: 2023-08-12
Author: Alex Ledsom
Twitter: @forbes
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Monday, August 14, 2023

Verizon Business forms global strategic partnership with HCLTech for managed network services | ...

HCLTech will be Verizon Business's primary collaborator in all deployments involving MNS globally for enterprise customers. The company has been positioned furthest for Completeness of Vision and Ability to Execute in the 2022 Gartner® Magic Quadrant™ for Managed Network Services* (MNS).

Date: 2023-08-10T11:32:49-04:00
Author: None
Twitter: @verizon
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Sunday, August 13, 2023

Global money market funds draw biggest weekly inflow in 4-1/2 months | Reuters

Global money market funds draw biggest weekly inflow in 4-1/2 months | Reuters

Saudi riyal, yuan, Turkish lira, pound, U.S. dollar, euro and Jordanian dinar banknotes are seen in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration

Aug 11 (Reuters) - Global money market funds attracted robust inflows in the week to Aug. 9, reflecting investor caution ahead of U.S. inflation readings and as Chinese economic data remained weak.

Publisher: Reuters
Date: 2023-08-11T12:04:27Z
Author: Reuters
Twitter: @Reuters
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Saturday, August 12, 2023

Gov. Healey signs $56 billion state budget | WBUR News

Gov. Healey signs $56 billion state budget | WBUR News

In her most significant legislative action since taking office in January, Gov. Maura Healey on Wednesday signed into law her first annual state budget.

Healey sent back eight outside sections with proposed amendments and approved the other 103, including measures that will expand access to subsidized health care and allow high school graduates without legal immigration status to tap into in-state tuition rates and financial aid at public ...

Twitter: @WBUR
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Friday, August 11, 2023

Former Amazon customer service rep sues for alleged missed overtime pay | The Seattle Times

A former customer service associate at Amazon has accused the company of failing to pay overtime wages, according to a lawsuit filed this month in Washington. 

Hall also accused the company of failing to keep accurate records of the hours he worked and the wages he was owed. He filed a collective action complaint against the company in U.S. District Court for the Western District of Washington last week.

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Publisher: The Seattle Times
Date: 2023-08-10T17:02:00-07:00
Twitter: @seattletimes
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Thursday, August 10, 2023

Federal net-zero electricity regulations will permit some natural gas power generation: source | ...

After facing pushback from Alberta and Saskatchewan, Canada's draft net-zero electricity regulations — set to be released today — will permit some natural gas power generation, CBC News has learned.

A senior government source not authorized to speak publicly said that Environment Minister Steven Guilbeault will release Ottawa's proposed Clean Electricity Regulations on Thursday.

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Publisher: CBC
Twitter: @cbc
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Wednesday, August 9, 2023

Economics Newsletter: The Uncertain Future of the Post-Pandemic Economy | Manhattan Institute

Economics Newsletter: The Uncertain Future of the Post-Pandemic Economy | Manhattan Institute

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

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Publisher: Manhattan Institute
Date: 2023-08-08T16:44:42 00:00
Twitter: @ManhattanInst
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Wednesday, August 2, 2023

Deer hunting regulations, hunting licenses now available : Aug 1, 2023 | News release | Minnesota ...

"We're excited for deer season. Hunters have a lot to look forward to this year," said Barb Keller, big game program leader. "We encourage all hunters to review the new hunting regulations and make a plan for hunting success."

Deer hunting specifics can be found on the Minnesota DNR website . Electronic copies of all 2023 Minnesota hunting regulations are available now online . Printed copies will be available by the end of August wherever licenses are sold.

Publisher: Minnesota Department of Natural Resources
Date: 2023-08-01T16:08:32-5:00
Twitter: @mndnr
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Wayne County Commissioners Pass 2025 Budget

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