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4 Dec 2020, 3:00 am
Here’s an excerpt: Under ASC 606-10-50-5, a public company must “disaggregate revenue recognized from contracts with customers into categories that depict how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors. [read post]
1 Dec 2020, 1:55 am
Conversely, letting the extenders truly expire appears to result in no revenue gain because the current law baseline already anticipates the revenue from the scheduled expiration. [read post]
24 Nov 2020, 2:55 am
”[19] These operations hurt governments, who lose out on revenue; consumers, because the products often don’t adhere to health standards; legal businesses, which cannot compete with illicit products; and the general respect of the law. [read post]
17 Nov 2020, 4:55 am
Average revenue per subscriber fell for the fourth consecutive year, from $41.50 per month in 2017 to $36.86 per month in 2020. [read post]
13 Nov 2020, 1:30 pm
The Biden plan then endorses California’s A.B. 5. [read post]
5 Nov 2020, 7:35 am
Legal and Regulatory Developments SPOTLIGHT: Justice Department Files Antitrust Lawsuit Challenging Visa’s Planned Acquisition of Plaid Wall Street Journal – November 5, 2020 (subscription required) The Justice Department filed an antitrust lawsuit Thursday that seeks to block Visa Inc. [read post]
24 Oct 2020, 4:45 pm
Note: Below is a brief excerpt from our new publication with the Centre for Policy Studies, A Framework for the Future: Reforming the UK Tax System, which is a comprehensive study of Britain’s tax system that identifies key areas for improvement in UK tax policy and provides recommendations that would support long-term growth without negatively impacting government revenues. [read post]
22 Oct 2020, 4:01 am
New York State Liquor Authority (SLA): Internal Controls Over Selected Financial Operations (2019-S-69) Auditors found SLA has adequate internal controls in the areas of revenues, payroll, procurement and procurement card expenditures, asset management, and travel expenses to ensure assets and information are properly managed and safeguarded. [read post]
22 Oct 2020, 4:01 am
New York State Liquor Authority (SLA): Internal Controls Over Selected Financial Operations (2019-S-69) Auditors found SLA has adequate internal controls in the areas of revenues, payroll, procurement and procurement card expenditures, asset management, and travel expenses to ensure assets and information are properly managed and safeguarded. [read post]
20 Oct 2020, 9:03 pm
This temporary reduction is the result of revenue triggers adopted in 2018, and enhanced revenue from corporate base broadening—the result of the federal Tax Cuts and Jobs Act (TCJA)—quickly met the 7 percent excess collections threshold required for a rate reduction. [read post]
16 Oct 2020, 9:00 am
The recently released report by the Bank for International Settlements (BIS) offers a general framework for digital currencies. [read post]
15 Oct 2020, 9:00 am
The recently released report by the Bank for International Settlements (BIS) offers a general framework for digital currencies. [read post]
13 Oct 2020, 6:25 am
When it comes to funding government services, there are many ways to raise a dollar of revenue, but some taxes are more harmful to the economy than others. [read post]
8 Oct 2020, 3:04 pm
AB2257 also added to the list exempt individuals referred to customers by referral services companies when the service providers render interpreting, event or wedding planning services oryouth sports coaching, caddying, and consulting. [read post]
30 Sep 2020, 11:46 am
That has significant ramifications for China's long term internal and external strategies and helps explain why Chinese officials took he trouble in this case of providing a curated summary of the official Chinese summary of the defense by Mr. [read post]
28 Sep 2020, 7:27 am
Internal Revenue Service (IRS) requires that one must disclose the account and pay taxes. [read post]
23 Sep 2020, 1:55 am
Sweden’s carbon tax revenues are significant but have been decreasing slightly over the last decade. [read post]
18 Sep 2020, 2:35 pm
The State Department says it is prepared to help Suriname and its engagement with the international Monetary Fund and other international financial institutions. [read post]
18 Sep 2020, 2:35 pm
The State Department says it is prepared to help Suriname and its engagement with the international Monetary Fund and other international financial institutions. [read post]
12 Sep 2020, 11:46 am
Sober Home / Recovery Home Risk Areas: In recent years, federal auditors have dedicated considerable resources to their assessment of sober homes and recovery residence. [read post]
