Amazon on Thursday said it could post its first quarterly loss in five years even as revenue surges because it is spending at least $4 billion in response to the coronavirus pandemic, including plans to test its workforce for COVID-19. Shares of Amazon, the world’s largest online retailer, fell 5% in after-hours trade. Jeff Bezos, […]
Archives for 2020
Tax-News.com: IRS Publishes Transfer Pricing FAQs
On April 16, 2020, the United States Internal Revenue Service issued a set of frequently asked questions and answers to help inform taxpayers about transfer pricing documentation best practices.
Tax-News.com: US Taxpayers Can Apply Online For COVID-19 Economic Impact Payments
On April 15, 2020, the United States Internal Revenue Service unveiled the “Get My Payment” online tool that will allow taxpayers to receive economic impact payments under the Coronavirus Aid, Relief, and Economic Security Act.
Digital ad market is avoiding coronavirus disaster, say tech giants
Reports of the demise of the digital advertising market due to the coronavirus outbreak appear exaggerated as the tech giants dominating the online ads business, Google and Facebook, said this week they saw early signs that the worst could be over. Their remarks countered Wall Street expectations of a devastation of the market as hard-hit […]
5 Essentials every e-commerce seller should know about sales tax
Many e-commerce sellers can feel overwhelmed when it comes to the topic of sales tax. Understandably so, as the sales tax rules for online sellers have another layer of complexity when compared to sales tax rules for brick and mortar businesses. This is because e-commerce sellers are often selling to people in different states or […]
Microsoft Sway Abused in Office 365 Phishing Attack
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Salt Bugs Allow Full RCE as Root on Cloud Servers
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PLR and other requests for IRS guidance can now be sent electronically
To enable taxpayers to continue to submit requests for IRS guidance during the coronavirus pandemic, the IRS is temporarily allowing the electronic submission of requests for letter rulings, closing agreements, determination letters, and information letters under the jurisdiction of the IRS Office of Chief Counsel, and for determination letters issued by the IRS Large Business […]
Building for Billions: Addressing Security Concerns for Platforms at Scale
The administrator of your personal data will be Threatpost, Inc., 500 Unicorn Park, Woburn, MA 01801. Detailed information on the processing of personal data can be found in the privacy policy. In addition, you will find them in the message confirming the subscription to the newsletter.
Median vs Average Net Worth in America
What is the Average Net Worth in America? What happens when you break it down by age group and education? [embedded content] Thanks to Nick Maggiulli – you can check out his blog post and charts here.