Articles
IRS chief says $1 trillion in taxes goes uncollected every year
WASHINGTON (Reuters) -The U.S. government is losing some $1
trillion in unpaid taxes every year and needs more and consistent
Internal Revenue Service funding to go after tax cheats, IRS
Commissioner Charles Rettig said on Tuesday. Read More.
How A Young Outsider Turned Failing Vimeo Into A Billion-Dollar
Company
Seven years ago, Vimeo had Hollywood dreams. The internet video
outfit—owned by Barry Diller’s IAC—had found a niche hosting
flicks for artsy filmmakers who didn’t want their works to be
tossed into YouTube’s unruly, ad-driven stew. But it was a tiny,
money-losing business with annual revenue under $40 million. Read More.
Bernie Madoff, mastermind of vast Ponzi scheme, dies in federal
prison at age 82
Madoff was arrested in December 2008 for swindling thousands of
clients out of close to $65 billion Read More.
McDonald’s to close hundreds of eateries inside Walmart stores
Partnership between largest restaurant chain and largest retailer
in the world has been fraying for years, report says Read More.
Google’s secret ‘Project Bernanke’ revealed in Texas antitrust
case
Program used past bid data to boost tech company’s win rate in
advertising auctions, according to court filing Read More.
Google’s secret ‘Project Bernanke’ revealed in Texas antitrustcase
Program used past bid data to boost tech company’s win rate in
advertising auctions, according to court filing Read More.
Making the most of the May 17 tax deadline extension
If your firm is like most, you know all about the long hours and
stress leading up to the tax deadline in a typical year. That is
why so many firms don’t consider doing tax planning during these
pivotal months. Read More.
How To Give Yourself A Tax Cut
When it comes to taxes, the good news is that we all have until
May 17th to file and pay our federal income taxes. (Your state
income tax deadline may be a different story.) Read More.
The Grassroots Corner April 12, 2021
🇺🇸 The Grassroots Corner - Week Beginning 4/12/21: “Back to
Orange Park, Florida” Read More.
Tech news: Avalara closes latest acquisition, and more
Avalara, provider of tax automation software, has closed the
acquisition of Inposia Solutions, a German company that makes
e-invoicing and digital tax-reporting solutions. Inposia also
provides system and data integration to support digital
transformation efforts and business compliance requirements.
Terms of the deal were not disclosed. Read More.
US sanctions Chinese computer makers in widening tech fight
The latest penalties block access to U.S. technology for
researchers and manufacturers that build supercomputers used by
the Chinese military Read More.
Judge to hear arguments on whether Dakota Access pipeline should
continue operating without a permit
Shutting down the pipeline ‘only hurts working families and
American consumers,’ trade group says Read More.
Tech Companies To Be Hit With Multiple New Taxes
Tech companies are likely to be hit with tax rises this year as a
series of new proposals are muted by multilateral organizations. Read More.
The Chairman’s Report April 9, 2021
In many languages and over hundreds of years, people have agreed
that the way to tell if politicians are lying is to see if their
lips are moving. Read More.
Billionaire Enclave New York City Reportedly Set To Have HighestIncome Tax Rate In The Country
Top earners in New York City—one of the biggest billionaire
enclaves in the world—are reportedly on track to pay the highest
combined local tax rate in the country. Read More.
