Friday, January 28, 2022

Vatican projects budget deficit for 2022 as pandemic continues - Catholic Review

VATICAN CITY (CNS) — Presenting a budget projection that foresees a deficit of $37.1 million in 2022, the prefect of the Vatican Secretariat for the Economy said he believes the Vatican is on the path to honesty and transparency in financial matters.

“We are well aware that we have made major mistakes in financial management, which have undermined the credibility of the Holy See.

logo
Publisher: Catholic Review
Date: 2022-01-28T14:35:46 00:00
Reference: (Read more) Visit Source



BOS Budget Proposal Approved, Moved To Finance Board | The Newtown Bee

The Board of Selectmen (BOS) approved an overall proposed municipal budget of $45,730,087, a $2,208,231 million or 5.07% increase over the 2021-22 budget of $43,521,856. The municipal budget also contains all debt service on bonding, including all school district projects.

The proposed mill rate, in spite of the large spending increase, is 0.5% of a mill, with the mill increase offset by a large increase in the motor vehicle grand list. A mill represents one dollar for every $1,000 in taxable property.

Reference: (Read more) Visit Source



Carney proposes record $4.9B budget - Delaware Business Times

Gov. John Carney released his Fiscal Year 2023 budget, which includes a record $4.9 billion in operating expenditures. | PHOTO COURTESY OF GOVERNOR’S OFFICE/JASON MINTO

WILMINGTON – Awash in an enormous budget surplus, Gov. John Carney released his Fiscal Year 2023 budget proposal Thursday that seeks a record $4.99 billion in operating expenses along with $1.18 billion in bond projects and capital spending.

logo
Publisher: Delaware Business Times
Date: 2022-01-27T21:58:41 00:00
Reference: (Read more) Visit Source



Analysis: Of cannibalism and higher education budget bloodbaths

Lewis-Clark State College President Cynthia Pemberton was trying to make a point to legislative budget-writers Tuesday: Her college is taking seriously any complaints about indoctrination. So when she heard rumblings about a class condoning cannibalism, no one shrugged it off.

The discussion was appropriate for an anthropology class, said Pemberton, who added, in an abundance of caution, "No, that wasn't advocating cannibalism."

logo
Publisher: Idaho Education News
Date: 2022-01-27T22:17:14 00:00
Twitter: @idahoednews
Reference: (Read more) Visit Source



Jim Beam column: Bridges major budget topic - American Press | American Press

New bridges at Lake Charles and Baton Rouge took center stage Tuesday when the Joint Legislative Committee on the Budget met to hear Gov. John Bel Edwards' proposed state spending plan for the fiscal year beginning July 1.

Sen. Jeremy Stine, R-Lake Charles, asked why the Baton Rouge bridge was getting $500 million in the budget while a new bridge in his hometown was getting only $100 million.

logo
Publisher: American Press
Date: 2022-01-27T13:24:14 00:00
Reference: (Read more) Visit Source



TikTok and Instagram Influencers are Rediscovering Budget D.I.Y. - The New York Times

Within a month, she had 1 million followers to her account, @emilyrayna , who watched her pull up carpets, replace countertops and restore old furniture. "It was pretty scary," said Ms. Shaw, 23, who moved out of her parents' house and now has a TikTok following of 5.2 million.

Ms. Shaw had unexpectedly landed on an audience with an appetite for the drudgery of do-it-yourself home improvement, packaged in the itty-bitty nuggets that make TikTok so delectable. Her early videos, narrated in a soothing yet perky voice-over, focus on the grit of renovation.

Date: 2022-01-28T13:00:05.000Z
Twitter: @nytimes
Reference: (Read more) Visit Source



Budget surplus has DNR thinking 'once-in-a-generation' investment - StarTribune.com

A boatload of cash — $315 million to be exact — is what the state's natural resources need, Department of Natural Resources Commissioner Sarah Strommen said this week.

When the Legislature gathers Monday, Strommen will advocate for a "once-in-a-generation" investment in conservation land, outdoor infrastructure, fishing, wetlands and better access to recreation areas.

logo
Publisher: Star Tribune
Twitter: @StarTribune
Reference: (Read more) Visit Source



Lebanon's 2022 budget is "an emergency budget" - finance minister | Reuters

Lebanon's Finance Minister Youssef Khalil is pictured at the Ministry of Finance in Beirut, Lebanon October 1, 2021. REUTERS/Mohamed Azakir

BEIRUT, Jan 27 (Reuters) - Lebanon's Finance Minister Youssef Khalil said on Thursday the 2022 budget is "an emergency budget" so that the country stays intact.

Publisher: Reuters
Date: 2022-01-27T21:36:43Z
Author: Reuters
Twitter: @Reuters
Reference: (Read more) Visit Source



The 2022-23 Budget: Wildfire Response Proposals

In this brief, we provide our initial assessment and recommendations in response to the major wildfire response‑related proposals in the Governor’s budget, based on the information available at the time the brief was prepared.

Governor’s Budget Includes Several Major Wildfire Response‑Related Proposals. The Governor’s budget provides a total of more than $920 million (mostly from the General Fund) for various wildfire response‑related proposals across multiple departments.

Date: 2022-01-28T00:00:00Z
Reference: (Read more) Visit Source



Thursday, January 27, 2022

Trading in Vietnam—Regulations for Foreign Direct Invested Entities

Before undertaking any trading activities in Vietnam, entities with foreign direct investment must be aware of complex regulations. Tran Nguyen Mong Van of Grant Thornton Vietnam discusses the regulations and shows how businesses can ensure that they comply with the rules.

Foreign direct investment enterprises (FDI enterprises) and export processing enterprises having foreign direct invested capital (FDI EPEs) are enterprises that have relatively specific characteristics in terms of legal and business activities as regards Vietnamese regulations.

Twitter: @tax
Reference: (Read more) Visit Source



Board Bylaws, Policies, and Administrative Regulations - San Diego County Office of Education

On this page, you’ll find the administrative regulations of the San Diego County Office of Education and the board bylaws and policies of the San Diego County Board of Education, including those that were recently adopted and those that have been posted for public comment prior to

Reference: (Read more) Visit Source



South Dakota moves bills tightening grain trading regulations - Agweek | #1 source for agriculture

PIERRE, S.D. — The South Dakota Legislature is considering four bills that would toughen grain regulation and enforcement in the state.

The state Senate unanimously has passed three bills, Senate Bills 35, 38 and 39, increasing penalties for grain brokers, who don't need licenses, and increasing penalties for licensed grain buyers, all sponsored by the South Dakota Public Utilities Council.

logo
Publisher: Agweek
Date: 2022-01-26T20:38:18.318
Author: https www agweek com mikkel pates
Twitter: @agweekmagazine
Reference: (Read more) Visit Source



New drought regulations in effect as a dry January erases fall water gains | Local |

A dry January erased much of the fall water gains but new state water regulations are now in effect.

Publisher: Allen Media
Author: Meteorologist Patrick Wright
Twitter: @actionnewsnow
Reference: (Read more) Visit Source



China Drafts Regulations on Network Data Security Management

On November 14, 2021, the Cyberspace Administration of China ("CAC") released for public comment its draft Regulations on Network Data Security Management (the "Draft Regulations").

The Draft Regulations consist of 75 articles and nine chapters. In this blog post, we discuss several of the key areas addressed by the Draft Regulations.

Publisher: The National Law Review
Date: 5493B547C0AB527FF4CF8C4D0127302A
Reference: (Read more) Visit Source



FDA Proposes Revising Regulations for FCN

Provide manufacturers or suppliers the opportunity to provide input before FDA determines that a food-contact notification (FCN) is no longer effective, and

Allow additional reasons as the basis for FDA to determine that an FCN is no longer effective other than safety.

Publisher: The National Law Review
Date: 5493B547C0AB527FF4CF8C4D0127302A
Reference: (Read more) Visit Source



Changes to Texas' speckled trout regulations approved by TPW Commission

The Texas Parks and Wildlife Commission on Thursday adopted changes to spotted seatrout regulations that will reduce the bag and narrow the slot limit in multiple Texas bay systems for two spawning seasons.

From the Laguna Madre (Rio Grande boundary) to East Matagorda Bay (F.M.

Publisher: Houston Chronicle
Date: 2022-01-27 16:32:33
Author: Matt Wyatt Staff writer
Twitter: @houstonchron
Reference: (Read more) Visit Source



Road map for town to tighten fertilizer regulations | Inquirer and Mirror

( Jan. 27, 2022 ) Members of the Nantucket Planning & Economic Development Commission are considering a move that could allow the town to boost the level of fertilizer and nutrient regulations past what is now required by the state, and circumvent the need for a home rule petition to do it.

Publisher: Inquirer and Mirror
Date: Thu 27 Jan 2022 06:25:00 -0500
Reference: (Read more) Visit Source



West Lafayette hires consulting firm for ADA regulations | Community | wlfi.com

Consulting firm Butler Fairman & Seufert will help the city of West Lafayette remain compliant with Americans with Disabilities Act regulations. The agreement was approved by the Board of Public Works and Safety on Tuesday.

Publisher: Allen Media
Author: Pari Apostolakos
Twitter: @WLFI
Reference: (Read more) Visit Source



HHCN+ Report: The Pros and Cons of Certificate of Need Regulations in Home Health Care - Home

logo
Publisher: Home Health Care News
Date: 2022-01-25T22:30:07 00:00
Twitter: @hhcarenews
Reference: (Read more) Visit Source



Wednesday, January 26, 2022

SEEDA hires Engineering Economics to review Kennon building | Local News | thesheridanpress.com

Anderson said the work of Engineering Economics would help ascertain any flaws in the building. Any design flaws would be fixed by Arete Design, Anderson said, while any issues with the actual construction would be fixed by the building's contractor Sletten Construction.

Publisher: The Sheridan Press
Author: Stephen Dow stephen dow thesheridanpress com
Reference: (Read more) Visit Source



STR, Tourism Economics upgrade U.S. hotel forecast at ALIS | Hotel Management
Publisher: Hotel Management
Date: 2022-01-25T05:25:50-0500
Author: Jena Tesse Fox
Reference: (Read more) Visit Source



Reagan's supply-side economics get a Biden update | The Week

The last time U.S. inflation was raging, presidential candidate Ronald Reagan promised that cutting income taxes and business regulation would stabilize the volatile American economy, then get it growing like gangbusters.

A super-short economics lesson: One way to stimulate economic growth is by boosting demand for goods and services by getting money into the hands of consumers. This was the thinking behind those three rounds of checks that Washington sent to many Americans over the past two years.

Publisher: The Week
Author: James Pethokoukis
Twitter: @TheWeek
Reference: (Read more) Visit Source



African history through the lens of economics | VOX, CEPR Policy Portal

Nathan Nunn, Stelios Michalopoulos, Elias Papaioannou, Léonard Wantchékon 27 January 2022

Views about Africa are, were, and most likely will continue to be highly polarising.

In 2000, The Economist called Africa "the hopeless continent". A decade later, after strong growth and institutional advancement, it renamed it "the hopeful continent".

Reference: (Read more) Visit Source



SLU-Madrid Graduate Employs Economics to Make a Positive Impact : SLU

Twitter: @SLU_Official
Reference: (Read more) Visit Source



Doughnut Economics launches in Israel with call to update priorities, protect Earth | The Times of

A forum to advance a new economic model for the 21st century that seeks to lift people out of poverty and deprivation while keeping the Earth’s systems intact was launched in Israel on Monday.

Two young Israelis, Merav Cohen, a PhD candidate at the Technion – Israel Institute of Technology, and Zohar Ianovici, a World Bank economist, teamed up with the Heschel Center for Sustainability to hold the community’s first meeting on Zoom.

logo
Twitter: @timesofisrael
Reference: (Read more) Visit Source



Alaska Journal | FISH FACTOR: Alaska fishing industry economics report offers some surprising

The answers can be found in an easy to read, colorful economic report by the Alaska Seafood Marketing Institute for 2019-20 that includes all regions from Ketchikan to Kotzebue.

Southeast's 5,316 resident fishermen in nine communities own nearly one-third (2,655) of Alaska's fishing fleet, more than any other region.

Publisher: Alaska Journal
Date: 2022-01-26T09:20:33-09:00
Twitter: @AlaskaJournal
Reference: (Read more) Visit Source



Prime Global acquires health economics agency HCD | PR Week

The medical comms group Prime Global has bought HCD Economics for an undisclosed sum as part of its “robust growth, client diversification strategy and vision for 2025”.

The team at HCD Economics, an academically aligned agency focused on health economics and outcomes research and real-world evidence, will now join the 250-strong Prime Global group.

logo
Twitter: @prweek
Reference: (Read more) Visit Source



The Economics Of Coal Burning Simply Do Not Pencil Out

Did any of your loved ones get a lump of coal for the holidays?

Coal for naughty listers is a funny old tradition, so I went poking around as to its origins. It seems tied to the fact that 18th and 19th century homes often had coal-burning fireplaces. If you were bad, Santa would just reach down and stick the closest thing at hand in your stocking.

Twitter: @Yahoo
Reference: (Read more) Visit Source



Cash App Taxes 2022 (Tax Year 2021) Preview | PCMag

Cash App Taxes debuted five years ago under the name Credit Karma Tax. It was a unique service compared with other tax services, providing free federal and state tax preparation and filing, and supporting most major IRS forms and schedules.

Publisher: PCMAG
Twitter: @pcmag
Reference: (Read more) Visit Source



Traded cryptocurrency in 2021? Here’s how to approach taxes | NewsNation Now

(NerdWallet) — Professionals have a major piece of advice for those who traded cryptocurrency for the first time last year: Take your tax prep seriously.

So as tax season gets into full swing, here's a quick guide to which cryptocurrency activity is reportable, how it's generally taxed and the best ways to prepare.

logo
Publisher: NewsNation Now
Date: 2022-01-26T12:37:34 00:00
Author: Sabrina Parys NerdWallet
Reference: (Read more) Visit Source



Child Tax Credit: Common mistakes to avoid when filing your taxes | Marca

T he IRS is urging taxpayers to pay detailed attention due to the tax law changes that happened in 2021.

Around 160 million taxpayers will file their tax returns. However, the IRS is still dealing with past tax returns affected by the pandemic.

Publisher: MARCA
Date: 2022-01-25T22:31:03Z
Twitter: @MarcainEnglish
Reference: (Read more) Visit Source



United Way and WM CA$H ready to do taxes - Lewiston Sun Journal

REGION — Tax season is here, and Western Maine CA$H is READY. The Western Maine CA$H (Creating Assets, Savings & Hope) Coalition has been working hard in the off-season and we have an amazing group of volunteers who are IRS-certified and ready to prepare your taxes. For free.

logo
Publisher: Lewiston Sun Journal
Date: 2022-01-26T10:00:13 00:00
Twitter: @sunjournal
Reference: (Read more) Visit Source



Income Reporting: How To Avoid Undue Taxes While Using Cash App | GOBankingRates

The IRS recently introduced a new rule, effective January 1, 2022, that required all third-party payment apps to report business earnings of $600 or more to the IRS with a 1099-K form.

Learn: Avoid Tax Ramifications by Ensuring Your PayPal Transactions Aren't Accidentally Taxed
Discover: New Tax Rule: Ensure Your Venmo Transactions Aren't Accidentally Taxed

logo
Publisher: GOBankingRates
Date: 2022-01-25T12:37:03Z
Reference: (Read more) Visit Source



How Much Drivers Pay in Taxes at the Pump in Texas | Texas News | inforney.com

With many Americans working from home now, far fewer commuters get behind the wheel every day compared to before the pandemic. Still, travel has picked up considerably over the last year. And gas prices have followed suit.

Indeed, the price of gasoline has been a sore spot for inflation-strapped consumers. From December 2020 to December 2021, the energy index portion of the consumer price index leaped 29.3%, contributing to an overall index jump of 7%, the largest 12-month increase in nearly four decades.

Publisher: inForney.com
Author: Samuel Stebbins 24 7 Wall St via The Center Square
Twitter: @inForney
Reference: (Read more) Visit Source



Avoiding these common mistakes while filing your taxes can help get your best refund

RAPID CITY, S.D. (KEVN) - Liberty Tax is swarmed with phone calls and people coming in on the first day to file taxes.

Although most services throughout the pandemic have transitioned online, Shelby Dahl, general manager at Liberty Tax, says that's not the case for filing taxes.

Publisher: https://www.blackhillsfox.com
Twitter: @BlackHillsFOX
Reference: (Read more) Visit Source



Iowa weighs proposal to shield retirement income from state taxes | Fox Business

Americans for Tax Reform President Grover Norquist on the debt ceiling, taxes, spending and infrastructure negotiations and the possible expansion of the IRS.

The bill , sponsored by Rep. Gary Mohr, chairman of the Iowa House Appropriations Committee, would cost the state about $2 billion in revenue over the first six years by exempting income from a 401(k) plan, IRA or pension from taxation, according to The Associated Press.

Publisher: Fox Business
Date: 2022-01-25
Twitter: @FoxBusiness
Reference: (Read more) Visit Source



IRS Delays: Why should you file your taxes early this year? | WWLP

CHICOPEE, Mass. (WWLP) – Experts strongly recommend filing your taxes early this year as the IRS is affected by the same business constraints as the rest of the country.

Since 2010 the IRS has had to process 19 percent more tax returns and has lost 20 percent of its budget and 17 percent of its staff.

logo
Publisher: WWLP
Date: 2022-01-26T11:28:57 00:00
Author: Melissa Torres
Reference: (Read more) Visit Source



Tennessee Tax Reform: Build on Success and Improve Corporate Taxes

Tennessee made important strides in improving its tax structure when it completed phaseout of the Hall Tax—the state's income tax, which was levied only on interest and dividends income. This change was many years in the works, making Tennessee the eighth state without an individual income tax .

logo
Publisher: Tax Foundation
Date: 2022-01-26T12:37:39-05:00
Twitter: @taxfoundation
Reference: (Read more) Visit Source



Happening on Twitter

Tuesday, January 25, 2022

Bloomberg - Are you a robot?

Reference: (Read more) Visit Source



LeaseQuery Identified as the Market Leader in the G2 Winter Lease Accounting Grid Report |

The overall satisfaction score was 25% greater than competitors, with LeaseQuery scoring highest in the following categories:

Regarding implementation, LeaseQuery scored highest in cloud deployment (86%). The solution also scored 86% in average user adoption, as well as the quickest implementation timeframe.

Publisher: Valdosta Daily Times
Twitter: @TheVDT
Reference: (Read more) Visit Source



Accounting and audit tech update: Sage, Moore Kingston Smith and more - Accountancy Age

On January 13, Manchester-based fintech tech start-up Hydr announced that it had integrated its invoice finance system into Sage and QuickBooks . The development will allow companies to get invoices paid "almost immediately", Hydr claims, going on to call the move a "product milestone".

logo
Publisher: Accountancy Age
Date: 2022-01-25T10:57:58 00:00
Reference: (Read more) Visit Source



Former Shreveport city employee alleges major problems within the accounting department |

SHREVEPORT, La. (KTAL/KMSS) – The former controller for the City of Shreveport is now a whistleblower, alleging multiple grievances and problems with the City’s accounting department.

Former City of Shreveport Controller Ben Hebert and attorney Allison Jones held a press conference Monday afternoon to address these issues, and to stop the permanent appointment of the current Chief Financial Officer, Kasey Brown.

logo
Publisher: ArkLaTexHomepage
Date: 2022-01-25T04:15:26 00:00
Author: Alexandra Meachum
Reference: (Read more) Visit Source



Expensify Debuts Card for CPAs, Accounting Firms | PYMNTS.com

Expense management software company Expensify launched its Expensify CPA Card on Monday (Jan. 24), featuring quick client setups and a high monthly revolving credit limit with no credit check or personal guarantees, according to a company announcement .

The Expensify CPA Card uses continuous reconciliation between Expensify and integrated accounting systems, giving administrators a real-time picture of a company's financial statements.

logo
Date: 2022-01-24T17:53:18-05:00
Twitter: @PYMNTS.com
Reference: (Read more) Visit Source



Accounting Seed Announces New CEO and Expands Leadership Team

Leading SaaS Accounting and ERP Platform announces appointment of former Insureon executive as CEO, announces new leadership positions to focus on company growth

COLUMBIA, Md. , Jan. 25, 2022 /PRNewswire/ -- Accounting Seed, the leading SaaS and ERP accounting platform built on Salesforce, has appointed a new CEO and created new positions on its senior leadership team. The move highlights the company's investment in accelerating growth.

Twitter: @Yahoo
Reference: (Read more) Visit Source



Insurers face major change to accounting rules | Investment Executive

The global insurance industry is facing the most significant change to its accounting rules in 20 years, says DBRS Morningstar in a new report.

The firm said the implementation of a new accounting standard for insurance contracts, known as IFRS 17, starting on Jan. 1, 2023, represents a major shift in accounting practices, creating added challenges for insurers.

logo
Publisher: Investment Executive
Date: 2022-01-24T19:44:34-05:00
Twitter: @IE_Canada
Reference: (Read more) Visit Source



Accounting data shows how much the pandemic squeezed Texas athletics

Only now can one grasp the problems facing UT athletic director Chris Del Conte as he patched gaping financial holes in the battleship.

Even now, Del Conte admits there were some tense moments as UT officials examined scrambled financial models, unsure how the pandemic would play out. The school dipped into its reserves to cover the loss, Del Conte said, and still gave the university $6.8 million.

Author: Brian Davis
Reference: (Read more) Visit Source