You May Have a Basis for Reducing the Tax Bite
RogerRossmeisl
MAY 30, 2022
(This is Blog Post #1207). The post You May Have a Basis for Reducing the Tax Bite appeared first on Roger Rossmeisl, CPA.
Mon.May 30, 2022
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How to Qualify for – and Keep – Cyber Insurance Coverage
RogerRossmeisl
MAY 30, 2022
These days, it’s common for businesses to purchase cyber insurance to help mitigate financial losses from network breaches. According to the U.S. Government Accountability Office, the proportion of businesses adding cyber coverage increased from 26% in 2016 to 47% in 2020. But in the event of a loss, processing such claims can be expensive, and insurers are becoming more selective about the companies they agree to insure and for how much.
Your Accounting Expertise Will Only Get You So Far: The New Way To Lead
Speaker: Victor C. Barnes, CPA, MBA
In the climb from contributor to leader, the rules quietly change. But if you’re aiming for the summit, the air gets thinner, and what got you here won’t be enough to get you to the top. 🗻 What made you successful early in your finance career—technical accuracy, sharp analysis, flawless execution—won’t be what carries you to the next level. The higher you go, the more your effectiveness depends on how you connect, adapt, and communicate.
Thinking About Converting Your Home Into a Rental Property?
RogerRossmeisl
MAY 30, 2022
In some cases, homeowners decide to move to new residences, but keep their present homes and rent them out. If you’re thinking of doing this, you’re probably aware of the financial risks and rewards. However, you also should know that renting out your home carries potential tax benefits and pitfalls. You’re generally treated as a regular real estate landlord once you begin renting your home.
Meet five apps creating new ways to do business in 2022
Xero
MAY 30, 2022
Cloud-based apps and tools, like those in the Xero App Store or wider Xero Ecosystem, have given small businesses the ability to use a combination of apps to build their own bespoke business engine. And according to the numbers, the more apps the merrier. Our research has shown that organisations who use five or more apps have seen sales growth of 4.3% , while those who don’t use any at all have experienced a 3.4% decline (year to December 2020).
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Autonomous Ride-Hailing Will Displace Industry Incumbents
RogerRossmeisl
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As posted to the ARK Invest YouTube Channel on 5/19/22 (Run Time: 16 min, 20 sec) ARK Invest believes that autonomous ride-hailing will reduce the cost of mobility to one-eighth the average cost of ride-hail today, spurring widespread adoption and unleashing unprecedented economic productivity. ARK believes that this could be “one of the most meaningful economic productivity delivering innovations of all time” and the GDP contribution from autonomous ride-hail systems could total ar
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Tax Considerations When Adding a New Partner at Your Business
RogerRossmeisl
MAY 30, 2022
Adding a new partner in a partnership has several financial and legal implications. Let’s say you and your partners are planning to admit a new partner. The new partner will acquire a one-third interest in the partnership by making a cash contribution to it. Let’s further assume that your bases in your partnership interests are sufficient so that the decrease in your portions of the partnership’s liabilities because of the new partner’s entry won’t reduce your bases to zero.
The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It
Speaker: Kim Beynon, CPA, CGMA, PMP
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Young People Want to Return to the Office Says Old Guy Who’s Never Spoken to a Young Person
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MAY 30, 2022
EY Global Chairman and CEO Carmine Di Sibio is out here making some wild claims, namely that EY’s 20-somethings are eager to get back to the office. From CNBC : In the tug of war between returning to the office and working from home, Ernst & Young (EY) CEO and Global Chairman Carmine Di Sibio falls on the side of offices, and he believes younger workers are with him.
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Doing More With Less: The Modern Finance Miracle
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What Attorneys Should Know About Fraud
FraudFiles
MAY 30, 2022
Most attorneys don’t think about the issue of fraud in companies until a client (or their law firm) is hit by employee theft. It’s simply not one of those issues that is taken too seriously unless huge risks are identified or a crime has already been committed. Until then, fraud is just another “issue” that probably isn’t as pressing as other legal and operation matters.
Cloud & Information Tech Sponsors at Scaling New Heights 2022 (Part 2)
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Murph continues his look at cloud and IT sponsors at this year's conference with a peek at some IT specialists.
Deal Alert: Menzies assists on the sale of Geotek
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MAY 30, 2022
Menzies LLP - A leading chartered accountancy firm. Our Corporate Finance Team recently assisted BCMS on advising the shareholders of Geotek on the sale of the business to Judges Scientific plc, for a total consideration up to a maximum of £80 million, plus excess cash. Based in Daventry, UK, and formed in 1989, Geotek specialises in designing and manufacturing high-resolution, non-destructive analysis of geological cores.
What Is a Virtual CFO (and Why Are Businesses Hiring Them)?
inDinero Tax Tips
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The UK’s energy crisis set to continue
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What Is a Virtual CFO (and Why Are Businesses Hiring Them)?
inDinero Tax Tips
MAY 30, 2022
Credit: Morgan Housel. More entrepanuers and business owners, amid an inflated economy and tight labor market , are searching for things like what are virtual CFO services, why hire a virtual CFO, and a timeless favorite, why you need a virtual CFO, so clear and concise answers to those questions become even more important. As a financial services company focused on taking the sting out of all things finance for business owners, we aim to provide just that.
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