Proposed regulations issued by the IRS on Friday provide guidance on the treatment of payments made to charitable organizations in return for consideration, including in return for state and local tax credits (REG-107431-19). The regulations incorporate two earlier pieces of IRS guidance, Rev. Proc. 2019-12 and Notice 2019-12, as well as addressing other issues. The […]
Archives for 2019
6 Data and Analytics Deals that Changed the Game in 2019
The data, analytics, machine learning, and AI market looks a lot different than it did a year ago.
Better performance with bursting enhancement on Azure Disks
We introduced the preview of bursting support on Azure Premium SSD Disks, and new disk sizes 4/8/16 GiB on both Premium & Standard SSDs at Microsoft Ignite in November. We would like to share more details about it. With bursting, eligible Premium SSD disks can now achieve up to 30x of the provisioned performance target, […]
Global Markets: Asian shares jump on ‘phase one’ Sino-U.S. trade deal
Asian shares hit their highest in nearly eight months on Monday after the United States and China agreed on a preliminary trade deal, with Australian shares leading the way on expectations of more easing of monetary policy there.
Sensex, Nifty tepid as investors await more details on trade deal
Indian shares pared early gains to trade little changed on Monday, as initial enthusiasm over a phase one Sino-U.S. trade pact gave way to concerns about the lack of concrete details on the agreement.
Mexico objects to labor enforcement provision in North American trade deal
Mexico’s deputy foreign minister, Jesus Seade, said on Saturday he sent a letter to the top U.S. trade official expressing surprise and concern over a labor enforcement provision proposed by a U.S. congressional committee in the new North American trade deal.
China to target around 6% growth in 2020, step up state spending – sources
China plans to set a lower economic growth target of around 6% in 2020 from this year’s 6-6.5%, relying on increased state infrastructure spending to ward off a sharper slowdown, policy sources said.
U.S.-China trade deal cuts tariffs for Beijing promise of big farm purchases
The United States and China cooled their trade war on Friday, announcing a “Phase one” agreement that reduces some U.S. tariffs in exchange for what U.S. officials said would be a big jump in Chinese purchases of American farm products and other goods.
U.S.-China trade deal cuts tariffs for Beijing promise of big farm purchases
The United States and China cooled their trade war on Friday, announcing a “Phase one” agreement that reduces some U.S. tariffs in exchange for what U.S. officials said would be a big jump in Chinese purchases of American farm products and other goods.
How auditors can stay independent while advising on revenue recognition
One of the most difficult challenges for some auditors as 2019 comes to an end is maintaining their independence amid the frustration and confusion of their clients over the implementation of FASB’s new revenue recognition standard. CPAs who see their clients struggling want to help, but if they are going to continue auditing a financial […]