In REG-122180-18, the IRS issued proposed regulations under Sec. 162(m), which disallows a deduction by any publicly held corporation for employee remuneration paid to any covered employee to the extent that the employee’s remuneration for the tax year exceeds $1 million. The IRS has scheduled a public hearing on the regulations on March 9 and […]
Archives for 2019
Final regs. issued on foreign tax credits
News Foreign Income & Taxpayers By Alistair M. Nevius {:else} {timeSince} {/if} {@if cond=”{isCGMA}”} {:else} {/if} {/.} The IRS on Tuesday officially released final regulations (T.D. 9882) providing guidance on determining foreign tax credits (the regulations were previously posted to the IRS website). The regulations include changes necessitated by the law known as the Tax […]
Strong leadership is driving IoT adoption
The year ahead is set to be an exciting year for the Internet of Things (IoT), writes Joanne Phoenix, interim executive director of Sensor City. It continues to proliferate across multiple sectors and applications, with many top technology businesses and leading research companies anticipating expansion across the board. It’s obvious that it’s no longer a […]
Advancing Azure Active Directory availability
“Continuing our Azure reliability series to be as transparent as possible about key initiatives underway to keep improving availability, today we turn our attention to Azure Active Directory. Microsoft Azure Active Directory (Azure AD) is a cloud identity service that provides secure access to over 250 million monthly active users, connecting over 1.4 million unique […]
Microsoft is a leader in The Forrester Wave™: Streaming Analytics, Q3 2019
Processing Big data in real-time is an operational necessity for many businesses. Azure Stream Analytics is Microsoft’s serverless real-time analytics offering for complex event processing. We are excited and humbled to announce that Microsoft has been named a leader in The Forrester Wave™: Streaming Analytics, Q3 2019. Microsoft believes this report truly reflects the market […]
New enhancements for Azure IoT Edge automatic deployments
Since releasing Microsoft Azure IoT Edge, we have seen many customers using IoT Edge automatic deployments to deploy workloads to the edge at scale. IoT Edge automatic deployments handle the heavy lifting of deploying modules to the relevant Azure IoT Edge devices and allow operators to keep a close eye on status to quickly address […]
Boeing’s production pause will not end 737 Max cash burn – analysts
Boeing Co is expected to continue burning cash despite pausing production of its 737 MAX jet, as it will leave its workforce intact and likely provide support to suppliers, analysts said.
Boeing’s 737 crisis deepens as production stops for first time in two decades
Boeing Co said on Monday it would suspend production of its best-selling 737 MAX jetliner in January, its biggest assembly-line halt in more than 20 years, as fallout from two fatal crashes of the now-grounded aircraft drags into 2020.
Global Markets: Asian stocks ride Wall Street wave to 18-month peak, pound slips
Santa came early to Asia’s stock markets on Tuesday as trade deal optimism, positive economic signals in China and Wall Street’s rally sent shares to an 18-month high, while familiar Brexit worries knocked sterling.
How to handle accounting for digital assets
In a business environment that’s changing rapidly, even the currency used to pay for transactions is evolving in ways that challenge accountants and auditors. The growing popularity of various forms of digital (or crypto) assets has required many CPAs to consider how to appropriately account for them under GAAP. Questions and answers related to this […]