Latest Articles

  • Deloitte, KPMG, PwC Exploring 'Hub and Spoke' Model for Offices

    By:
    Chris Gaetano
    |
    Sep 2, 2020
    Office design has become one of the major challenges in creating the pandemic-era workspace. Fast Company is reporting that at least three Big Four firms—KPMG, Deloitte and PricewaterhouseCoopers—are exploring an approach called "hub and spoke."
  • Fed Actions Have Analysts Abandoning Old Assumptions

    By:
    Chris Gaetano
    |
    Sep 1, 2020
    With the Federal Reserve offering the market essentially unlimited support, including tolerating more inflation than ever before, growing numbers of analysts have basically given up on predicting what this could mean for the market as they grapple with the abandonment of long-held assumptions.
  • Nobel Laureate Suggests Subsidized Child Care Could Blunt Pandemic's Economic Damage

    By:
    Chris Gaetano
    |
    Sep 1, 2020
    Esther Duflo, the 2019 winner of the Nobel Prize in economics, said that at least some of the economic damage of the COVID-19 pandemic could be mitigated through the use of subsidized child care.
  • Study Finds, When Making Startup Pitches, It Is Worse to Go First

    By:
    Chris Gaetano
    |
    Sep 1, 2020
    A recent study found that going first is the worst, and going second isn't much better, at least in the realm of pitching startup ideas against others.
  • Regulatory Roundup - Aug. 25-31

    By:
    Chris Gaetano
    |
    Aug 31, 2020
    With so many regulators out there, it can be tough to keep track of all the decisions being made. This is the NYSSCPA's regular series that collects relevant regulatory announcements from the past week, and puts them in one place to help you stay on top of the issues.     
  • IRS Guidance on Payroll Tax Deferral Says Employees Must Pay It Back in 2021

    By:
    Chris Gaetano
    |
    Aug 31, 2020
    New guidance from the IRS on the payroll tax deferral created via executive order on Aug. 8 says that employees are ultimately responsible for paying back the deferred tax, through employer withholding, once the deferral period is over.
  • SEC Charges Herbalife with Making Bribes to Chinese Officials

    By:
    Chris Gaetano
    |
    Aug 31, 2020
    Herbalife, a nutritional supplement company that one hedge fun manager has accused of being a pyramid scheme, has been charged by the Securities and Exchange Commission with violating the Foreign Corrupt Practices Act (FCPA) by making bribes to Chinese government officials.
  • Poll Finds Financial Executives Guardedly Optimistic on 2021

    By:
    Chris Gaetano
    |
    Aug 31, 2020
    A recent poll outlined in CPA Practice Advisor has found that CFOs have had their optimism bruised, but not beaten, by the coronavirus pandemic as they look to 2021.
  • Stimulus Deal Remains as Elusive as IRS Guidance on Payroll Tax Deferral

    By:
    Chris Gaetano
    |
    Aug 28, 2020
    The White House and Democrats in Congress have yet to come to an agreement on the next round of coronavirus aid, while the administration is in an internal struggle of its own over guidance on the payroll tax deferral.
  • Companies Delay Office Reopening Plans as Pandemic Persists

    By:
    Chris Gaetano
    |
    Aug 28, 2020
    Many companies, thinking the virus would be under control by now, planned to reopen their offices after Labor Day, but as infections continue across the country, they are rethinking these plans.