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Archives for June 2020

New unemployment claims for week of June 8 are 78% below COVID-19 peak

June 25, 2020 by cbn Leave a Comment

New unemployment claims for week of June 8 are 78% below COVID-19 peak

As businesses reopen, many who were temporarily laid off are now being rehired, according to a new report from WalletHub. Image: Getty Images/iStockphoto As a follow up to their May jobs report, WalletHub takes a look at the state of unemployment, as offices begin to open and bring employees back to the office for the […]

Filed Under: IOT

Podcast: Education planning how-to’s in a COVID world

June 25, 2020 by cbn Leave a Comment

Podcast: Education planning how-to’s in a COVID world

The coronavirus pandemic brought major changes to higher education. Ranging from where to attend classes to exploring the upcoming financial aid filing season, there are a lot of important factors to consider. Hear from professor and education planning expert, Ross Riskin, CPA/PFS, in this podcast as he shares new strategies around: Using 529 plan distributions […]

Filed Under: Bookkeeping

Why a Master Data Strategy Is Key to Digital Transformation

June 25, 2020 by cbn Leave a Comment

Why a Master Data Strategy Is Key to Digital Transformation

Find out why deploying an effective master data strategy across an enterprise is an important foundation to building a successful digital transformation journey. Image: crevis – stock.adobe.com Digital transformation is the “buzzword du jour” in every industry. There have been many initiatives that should have led to a digital transformation across many industries — supply […]

Filed Under: Uncategorized

‘People love to come to Florida,’ state treasurer says, dismissing concerns about coronavirus impact on economy

June 25, 2020 by cbn Leave a Comment

‘People love to come to Florida,’ state treasurer says, dismissing concerns about coronavirus impact on economy

Florida’s treasurer, Jimmy Patronis, on Wednesday dismissed concerns about the impact that spikes of coronavirus cases will have on the state’s welfare and economy. “People love to come to Florida,” Patronis said in a phone interview. He said he saw an opportunity for “profit-taking” as the state benefits from what he predicts will be more […]

Filed Under: Bookkeeping

E-commerce companies seek time to comply with labelling rule

June 24, 2020 by cbn Leave a Comment

E-commerce companies seek time to comply with labelling rule

(Representative image) India’s top internet commerce companies, including Flipkart and Amazon, have sought time from the Centre to ensure that all products sold on their platforms display the ‘country of origin’ label, multiple people aware of the discussions told ET. At a virtual meeting with the Department for Promotion of Industry and Internal Trade (DPIIT) […]

Filed Under: Uncategorized

How digitalization is helping those who work in field service

June 24, 2020 by cbn Leave a Comment

How digitalization is helping those who work in field service

Tracking and maintaining assets is much easier if your field service workers have the digital tools and data they need. Image: Thampapon, Getty Images/iStockphoto More about Big Data Before COVID-19 struck the world, field service operations were already undergoing digitalization and transformation so technicians out in the field had more tools at their disposal as […]

Filed Under: IOT

Strategies for addressing pandemic-related audit risks

June 24, 2020 by cbn Leave a Comment

Strategies for addressing pandemic-related audit risks

Like professionals in nearly every business on the planet, auditors have suffered a tremendous disruption to their normal operations because of the coronavirus pandemic. But the magnitude of the pandemic’s fallout will only start to become clear as engagement teams plan strategies for upcoming 2020 client reviews and audits and carry out fundamental procedures like […]

Filed Under: Accounting

RIC shareholders can take Sec. 199A deduction for REIT dividends

June 24, 2020 by cbn Leave a Comment

RIC shareholders can take Sec. 199A deduction for REIT dividends

News Expenses & Deductions By Alistair M. Nevius, J.D. {:else} {timeSince} {/if} {@if cond=”{isCGMA}”} {:else} {/if} {/.} A regulated investment company (RIC) that receives qualified real estate investment trust (REIT) dividends will be able to report dividends the RIC pays to its shareholders as Sec. 199A dividends under final regulations issued by the IRS on […]

Filed Under: Bookkeeping

ETtech Top 5: Facebook-Jio deal gets CCI nod, US dependent visa holders stranded & more

June 24, 2020 by cbn Leave a Comment

ETtech Top 5: Facebook-Jio deal gets CCI nod, US dependent visa holders stranded & more

WhatsApp just can’t catch a break. The Facebook-owned messaging app had launched its payment service in Brazil last week after struggling to get approval for a full-fledged rollout in its largest market India for two years, due to various regulatory concerns. However, it now seems to have run into trouble in its second-largest market as […]

Filed Under: Uncategorized

Facebook’s $5.7 billion investment in Jio Platforms gets CCI nod

June 24, 2020 by cbn Leave a Comment

Facebook’s $5.7 billion investment in Jio Platforms gets CCI nod

Illustration: Rahul Awasthi Facebook‘s $5.7 billion investment in Jio Platforms has received a nod from the country’s antitrust watchdog, the Competition Commission of India (CCI). ET had reported earlier this month that Facebook had floated a new Delaware, US-incorporated entity called Jaadhu Holdings LLC, that is expected to acquire a minority 9.99% stake in Jio […]

Filed Under: Uncategorized

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