An unusual hotel concept has made its Netherlands debut: hotels built of sand, modeled on the sand castles of your youth. They're inspired by the ice hotels in Finland and Sweden but are far more comfortable, the developers say. Two have been built in cities where sand sculpture festivals are held. Like the ice hotels, they're dismantled when the season ends.
Companies are set to begin reporting their third-quarter performance this week, and investors are bracing for bad news. Data from Thomson Reuters show that corporate earnings are expected to drop by 4.1%, although much of that decline will come from the energy sector.
Coopetition, where competition meets cooperation, is not new, but may be more pervasive as businesses seek innovative ways to capture customers' attention. Learn how firms can leverage coopetition to create efficiencies, save money and develop a more agile team.
Practitioners who provide payroll services for clients should be aware that they may be held liable for the clients' unpaid employment tax liabilities and penalties. CPAs must understand their responsibilities when providing payroll services and follow these steps to help minimize problems.
The IRS has launched a new program for sharing information about individuals' financial accounts with some foreign authorities, the agency announced recently. Countries have shared this type of information in the past, but this automatic digital exchange of information was established as part of the Foreign Account Tax Compliance Act.
The Securities and Exchange Commission has indicated that, before July of next year, it will hold a vote on a final rule requiring companies in the gas, oil and mining industries to report payments made to foreign countries. The rule, based on a provision in the Dodd-Frank Act, calls for companies to disclose payments made for things that include development permits and licenses.
The number of women in the top finance role has doubled since 2005, but the total remains less than 15% of all CFOs, new data indicate. Three female CPAs who have served as CFOs offer advice for ascending to the C-suite.
Deloitte UK has decided to adopt a "university-blind" hiring practice, masking the names of the schools that applicants attended, to prevent unconscious bias on the part of recruiters and encourage diversity. Greater emphasis will be on the context of the applicants' record and achievements.
High-performing employees who are promoted to managerial positions often fail to adopt a manager's mindset. Instead of coaching or encouraging direct reports to improve work that is not up to par, they just do the work themselves. This article explains how these managers can adopt the proper mindset for their new roles.
The rules on passive activity credits are complicated, with Form 8582-CR including 16 pages of instructions and multiple worksheets. CPA Kevin Koehler provides a flowchart that offers a relatively simple way of deciphering the requirements for and limitations on passive activity credits.
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