- About Us
- Continuing Education
- Future CPAs
- Government Affairs
- Professional Resources
- Society Pubs.
An article in Forbes argues that the working world is stuffed with myths that prevent people from finding the jobs that they want. Mostly, these myths are centered around being too passive and deferential when it comes to finding a job, with the author saying people need to take a more active role in their hunt.
A federal court ruling said that the government can only provide subsidies to people who bought insurance off state run health insurance exchanges, versus the federal ones that form more than half of such purchases under the Affordable Care Act, according to CNBC. The 2-1 ruling used a very clos reading of the law, which "plainly makes subsidies available in the Exchanges established by states," wrote Senior Circuit Judge Raymond Randolph in his majority opinion, said CNBC.
Legislation introduced by Senator Richard Blumenthal (D - Connecticut) would obligate executives to report flaws or defects in their products capable of causing injury or death within 24 hours of learning about them, or else face a jail term of up to five years, a measure intended to promote accountability within corporate structures where responsibility tends to be more diffused, according to the New York Times.
The Senate Permanent Subcommittee on Investigations will grill hedge fund executives over their tax avoidance strategies that has allowed them to sidestep billions of dollars worth of taxes, in the wake of a recent report from the committee that said such strategies an "abuse of structured financial products" that bypass safeguards that protect the economy, according to the
Carlos Slim, Mexican telecommunications tycoon and second richest man in the world, said the world could benefit from a radical restructuring of how we think of the work week: instead of eight hours a day, five days a week, until retirement at 60, Slim asked more companies to consider an alternative: eleven hours a day, three days a week, until retirement around 70 or 75, according to the Financial Times. He believes that doing so could lead to a happier, healthier workforce with more time to enjoy life.
A lawsuit brought against the IRS by 10 different Tea Party-affiliated groups has been permitted by a federal judge to go forward, said the Associated Press. The groups are claiming that the IRS discriminated and retaliated against them based on their views in violation of their free speech rights, though the judge did dismiss another claim regarding privacy violations, though this dismissal was more procedural in nature as the ruling said that the tea party groups co
A group of 12 senators and representatives have sent a letter to the Securities and Exchange Commission saying that companies should not be able to choose whether they want to file in U.S. GAAP or International Financial Reporting Standards (IFRS), according to Reuters. The letter was written in response to SEC Chair Mary Jo White taking part in an April meeting in Australia where the possibility of allowing U.S.
IRS Taxpayer Advocate Nina E. Olson said that the IRS has made a lot of progress over the last half year in her most recent report to Congress, but said that there still remains much to be done, according to the IRS. The report, which came out two days ago, said that the IRS did the right thing by adopting the Taxpayers Bil of Rights Olson had been pushing for, though said there needs to be enforcement mechanisms to give it teeth.
You may be a worker, but you're still a human being and in a free society people shouldn't be afraid to express reservations or identify conflict with those who are higher up on the ladder than they are--despite this, however, calling out the boss can be an exercise fraught with anxiety and fear to the point where a lot of people might think it's easier to just not say anything at all.