The U.S. Supreme Court struck down a long-standing common law rule by which federal courts had decided disputes between members of an affiliated group filing a consolidated return over which of them should be allocated any tax refund. Instead, according to the unanimous decision released Tuesday, state laws should be applied to resolve these disputes. […]
Archives for 2020
AI, ML Keys to Driving an Even More Diverse Workplace
But CIOs and IT leaders must also establish an open communication channel to discuss disabilities and accessibility awareness to help reinforce a culture of inclusion. The future is fully accessible. That’s the word from Gartner, at least, and it’s exciting news for those with disabilities and those enterprises eager to onboard diverse teams. According to […]
Start-up support and plenty of new partner moves aim to make IoT work
In his latest ecosystem column, Antony Savvas charts a blockbuster first couple months of the year, involving both new companies and well-established ones. Internet of Things (IoT) network provider, Sigfox has launched the second edition of its Hacking House event in Paris. For six months, participants from seven different countries will bring IoT-based projects to […]
Intuit ProConnect Announces Karbon Partnership to Deliver Intuit Practice Management to Tax Professionals
Intuit adds new partner to advance capabilities in ProConnect Tax Online and Lacerte, deliver automated tasks and optimize workflows for tax professionals PLANO, Texas–(BUSINESS WIRE)– Today, Intuit ProConnect is announcing Intuit Practice Management powered by Karbon, to continue accelerating software capabilities for tax professionals. Karbon, a practice management solution and advanced work and communications platform, […]
IT Recruiting: Competing with the Googles and Amazons
Hiring top technology talent is crucial to moving into and succeeding in the digital age. But how do you compete against big tech companies? In today’s strong economy, it’s a great market for IT professionals to find a new position and negotiate a strong compensation package. But for employers, there’s a lot of competition also […]
Intuit Second Quarter Revenue Increased 13 Percent; Small Business Online Ecosystem Revenue Grew 35 Percent
MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Intuit Inc. (Nasdaq: INTU), maker of TurboTax, QuickBooks and Mint, announced financial results for the second quarter of fiscal 2020, which ended Jan. 31. “We are halfway through our fiscal year and continue to see strong momentum as we make progress on our strategy to become an A.I.-driven expert platform,” said Sasan […]
Proposed regs. issued on meal and entertainment expense deductions
In REG-100814-19, the IRS issued proposed rules clarifying that taxpayers may generally continue to deduct 50% of the food and beverage expenses associated with operating their trade or business, despite changes to the meal and entertainment expense deduction under Sec. 274 made by the tax law known as the Tax Cuts and Jobs Act (TCJA), […]
Intuit to Acquire Credit Karma
Combined Companies to Create Consumer Finance Platform That Works Like a Personalized Financial Assistant Companies Aim to Transform FinTech, Power the Economy and Help Consumers Make Financial Progress MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)– Intuit (Nasdaq: INTU), proud maker of TurboTax, QuickBooks and Mint, today announced that it has agreed to acquire Credit Karma, the consumer technology […]
How a connected motorcycle could save thousands of lives
A motorcycle with smart sensors could combine IoT monitoring of the vehicle and bio-sensors that measure a rider’s health to reduce deaths on the road. More about IoT It’s clear that connected devices are helping improve lives by monitoring things like blood pressure and infusion pumps in hospitals, and there’s the promise of solutions like […]
White House planning to ask Congress for emergency funds to fight coronavirus spread
Secretary of Health and Human Services Alex Azar and members of the Trump Administration’s Coronavirus Task Force hold a press briefing at the White House on January 31, 2020 in Washington, DC. Sarah Silbiger | Getty Images The White House is planning to ask Congress to approve an emergency spending package to help the Trump […]