- About Us
- Continuing Education
- Future CPAs
- Government Affairs
- Professional Resources
- Society Pubs.
How much sense does it make to mix business and pleasure, asked the Harvard Business Review. The risks seem obvious: when a couple runs a business together, tensions in the home life can affect the work, and tensions in the work life can affect the home. Further, there are numerous legal issue that can arise in the event that they break up. Despite all this, though, three million of the 22 million small businesses in the U.S. are couple-owned ventures. Why?
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.