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Archives for January 2020

Electronic filing mandated for Sec. 501(c)(3) applications

January 31, 2020 by cbn Leave a Comment

Electronic filing mandated for Sec. 501(c)(3) applications

The IRS announced Friday that, effective Jan. 31, 2020, applications for tax-exempt status under Sec. 501(c)(3) must only be submitted electronically (Rev. Proc. 2020-8). Taxpayers will no longer be able to file Form 1023, Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code, on paper, but must complete and submit the […]

Filed Under: Accounting

Intuit to Announce Second-quarter Fiscal 2020 Results on Feb. 24

January 31, 2020 by cbn Leave a Comment

Intuit to Announce Second-quarter Fiscal 2020 Results on Feb. 24

MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)– Intuit Inc. (Nasdaq: INTU), maker of QuickBooks, TurboTax and Mint, will announce its second-quarter results for fiscal year 2020 on Feb. 24 following the close of market. The company’s second quarter ends today, January 31. Intuit executives will discuss the financial results on a conference call at 1:30 p.m. Pacific time […]

Filed Under: Accounting Software

Consider Roles that Interact with Enterprise Data Lakes

January 31, 2020 by cbn Leave a Comment

Consider Roles that Interact with Enterprise Data Lakes

Developing practical methodologies requires understanding the different roles that participate in the enterprise data lake. — ITPro Today In recognition of the value proposition of cloud computing, a significant level of effort is being expended in modernizing existing on-premises data warehouse environments by migrating both data and applications to the cloud. Cloud environments provide a great […]

Filed Under: Uncategorized

SEC proposes simplifying disclosure requirements

January 31, 2020 by cbn Leave a Comment

SEC proposes simplifying disclosure requirements

The SEC voted to propose amendments designed to simplify and enhance certain company financial disclosures and issued guidance on key performance indicators and metrics in management’s discussion and analysis (MD&A). Item 301 (selected financial data) and Item 302 (supplementary financial data) would be eliminated from Regulation S-K under the proposal. Meanwhile, Item 303 would be […]

Filed Under: Accounting

Ola plans to launch operations in London

January 31, 2020 by cbn Leave a Comment

Ola plans to launch operations in London

Homegrown ride-hailing app Ola plans to launch operations in London on 10th February, a key market for the firm outside India. In July last year, Ola was granted a one-year Private Hire Vehicle (PHV) license from the Transport of London, the government body that oversees the cities’ transportation, to operate its services in the city, […]

Filed Under: Uncategorized

What’s the True Impact of California’s New IoT Law?

January 31, 2020 by cbn Leave a Comment

What’s the True Impact of California’s New IoT Law?

While there are a few specifics that IoT manufacturers will have to adhere to, the remainder of the law is a bit fuzzy in terms of consequences. When California Senate bill 327 passed in 2019, many hailed it as a major victory for the field of IoT device and data protection for not only California, but […]

Filed Under: Uncategorized

Digital Innovation is Everywhere

January 31, 2020 by cbn Leave a Comment

Digital Innovation is Everywhere

Here are 6 digital innovation technologies and how they could be deployed in various markets. It’s not just about the customers. Image: peshkova – stockadobe.com Businesses are increasingly betting on digitization to win in the marketplace. A Gartner survey found that 67% of business leaders believed they would no longer be competitive if they weren’t […]

Filed Under: Uncategorized

Amazon to invest $1 billion to digitise MSMEs in India

January 31, 2020 by cbn Leave a Comment

Amazon to invest $1 billion to digitise MSMEs in India

Amazon has reiterated its pledge to invest $1 billion to digitise 10 million traders and micro, medium and small enterprises (MSMEs) in India. The US-based ecommerce behemoth said the investment will enable $10 billion in cumulative exports from the country by 2025, a goal announced by CEO Jeff Bezos during his visit to India earlier […]

Filed Under: Uncategorized

Sanders surges, Biden plateaus in latest NBC/WSJ poll of 2020 Democratic primary voters

January 31, 2020 by cbn Leave a Comment

Sanders surges, Biden plateaus in latest NBC/WSJ poll of 2020 Democratic primary voters

Sen. Bernie Sanders holds a campaign rally in Detroit, October 27, 2019. Rebecca Cook | Reuters Bernie Sanders has jumped into a virtual tie with Joe Biden nationally just before the first nominating contests in the 2020 Democratic presidential primary, according to an NBC News/Wall Street Journal poll released Friday. The Vermont senator has the […]

Filed Under: Bookkeeping

Asia’s U.S. oil imports to rebound in May after freight rates drop -sources

January 31, 2020 by cbn Leave a Comment

Asia’s U.S. oil imports to rebound in May after freight rates drop -sources

SINGAPORE (Reuters) – Asia’s crude oil imports from the United States are set to rebound in May after freight rates for ships to carry U.S. crude to north Asia fell by 27% from a week earlier, trade and shipping sources said on Friday. A rise in Asia’s oil imports from the United States could displace […]

Filed Under: Financial Planning

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