Month: February 2022

One of the greatest challenges of lawmaking is recognizing when a beautiful theory must succumb to an ugly fact. The purity of conceptual policymaking must take the real world into account and acknowledge that things that work well “in theory” sometimes fail spectacularly to meet expectations “in practice.” It would be wonderful if a policy
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The central processing plant for oil and gas in Salym, Russia, Feb. 4, 2014. Salym Petroleum Development is a venture between Shell and Gazprom Neft. Andrey Rudakov | Bloomberg | Getty Images Shell said Monday it is ending an “equity partnership” with Gazprom, a Russian state-owned energy company, as the Russia-Ukraine conflict continues. Shell said
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BKD CPAs & Advisors, a Top 20 Firm based in Springfield, Missouri, is adding Ledgeview Partners, a marketing and customer relationship management consultancy in Appleton, Wisconsin, effective March 1. The deal is the latest in a string of mergers for BKD. Just last week, the firm announced a merger with Bankers Assurance, a regulatory compliance
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Lightspeedshutter | Istock | Getty Images After two years of federal student loan payments being suspended because of the Covid pandemic, the government doesn’t expect an easy process to get millions of borrowers back into repayment. That’s the takeaway from a new report by the Government Accountability Office, which found that as many as half
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Sopa Images | Lightrocket | Getty Images The lowest-income Americans are facing a financial conundrum: Inflation is eating into a substantial part of their household budgets, while savings built up during the Covid pandemic are starting to dwindle. Meanwhile, federal supports like monthly payments of the child tax credit and a pause on student loan
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The Internal Revenue Service updated its frequently asked questions page on the Premium Tax Credit for subsidizing health insurance coverage under the Affordable Care Act. Among the areas updated Thursday with new information are FAQs about the basics of the tax credit; how to get advance payments of the Premium Tax Credit; and what happens
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The National Association of State Boards of Accountancy and the American Institute of CPAs have released a notice updating candidates on the transition policy that will impact the 2024 Uniform CPA Examination. The 2024 changes are a result of the new CPA Evolution model, which aims to better prepare CPAs with the ever-changing skills and
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In this article BRK.A Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP Berkshire Hathaway‘s operating profits surged in the fourth quarter and for the full year as the conglomerate’s businesses continued to roar back to life from the pandemic economic slowdown. Chairman Warren Buffett increased his bet on that comeback, buying back
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The Institute of Management Accountants released a guide to the steps that businesses can take to cut carbon and other greenhouse gas emissions in their operations under the leadership of accountants. The report discusses how management accountants can lend their expertise to decision-making and drive performance toward milestones in reducing a company’s carbon footprint. As
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Cybercriminals capitalize on uncertainty and Russia’s recent invasion of Ukraine is just the type of upheaval that may put individuals at risk. “The problem is kinetic warfare is almost always accompanied by cyberwarfare,” said Vahid Behzadan, an assistant professor of cybersecurity at the University of New Haven. “It’s unlikely Russia would target the critical infrastructure here
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