Month: December 2019

The Internal Revenue Service issued the 2020 optional standard mileage rates Tuesday that taxpayers and tax professionals can use to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Starting on Jan. 1, 2020, the standard mileage rates for the use of a car (along with vans, pickups or
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The Internal Revenue Service has signed a new agreement with Free File Inc., formerly known as the Free File Alliance, after controversy erupted during tax season this year over the difficulty of finding free versions of consumer tax filing software like TurboTax. A series of articles by the investigative news site ProPublica exposed problems with
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Concern about the $100 billion Mormon horde, the “scandal” I have dubbed EnsignGate seems to still be a thing. I have a little more to share on it, but I would also like to do a bit of review of my Mormon coverage. I have made an attempt to stake a big claim to the
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Companies are using “clawbacks” to recover incentive compensation that was given to executives through erroneous financial reporting while lowering their effective tax rates, but the practice of clawback adoption could be having some negative consequences, according to a new study. The study, which will be appearing in the January issue of The Accounting Review, a
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Daniel Pinto sees a lot from his perch atop the world’s biggest investment bank. He’s led J.P. Morgan Chase‘s corporate and investment bank since 2014, a time in which the bank has steadily gained market share from rivals in trading and banking. Pinto has also served as J.P. Morgan’s co-President and co-chief operating officer for
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