On Jan. 28, the day after GameStop mania hit its crescendo on the back of a short squeeze for the record books, about $359 million worth of shares were caught in limbo. More than 1 million shares were deemed failed-to-deliver that day due either to buyers lacking cash to complete purchases or sellers not having […]
Archives for 2021
IRS provides cafeteria plan relief for the pandemic
In response to the COVID-19 pandemic, Congress enacted temporary special rules for health flexible spending arrangements (FSAs) and dependent care assistance programs under Sec. 125 cafeteria plans. The new rules were put in place as part of the Consolidated Appropriations Act, 2021 (CCA), P.L. 116-260, enacted in December 2020. The IRS has now provided these […]
Accountants can save the planet while helping businesses flourish – Accounting Today
Few film directors would cast an accountant in the role of planetary savior. But accountants across the world must now take a pivotal role in tackling the climate emergency, while guiding businesses through an age of unprecedented change. This is because adaptation of zero-carbon business practices is now quite literally a do-or-die imperative for business […]
Accountants could save the planet while helping businesses flourish – Accounting Today
Few film directors would cast an accountant in the role of planetary savior. But accountants across the world must now take a pivotal role in tackling the climate emergency, while guiding businesses through an age of unprecedented change. This is because adaptation of zero-carbon business practices is now quite literally a do-or-die imperative for business […]
What Is a Chart of Accounts?
You know what they say, “For every minute spent organizing, an hour is earned.” And when it comes to accounting, taking time to get organized can save you a number of hours later … not to mention, money. That’s why you need your trusted organizational accounting tool, aka your chart of accounts (COA). What is […]
Microsoft: SolarWinds Attackers Downloaded Azure, Exchange Code
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IoT takes a village: The era of the ecosystem
I often talk about the “new product mindset” the importance of developing products and services with the cumulative lifetime value they will generate in mind, compared to just the immediate value delivered on launch day. In the rapidly evolving technology landscape, says Jason Shepherd, VP of Ecosystem at ZEDEDA, competitive advantage is based on innovating […]
LEBC reports financial loss following death of CEO
LEBC, the retirement advisory firm whose CEO died suddenly last year, has reported a loss of £232,000 in its latest financial figures. LEBC was founded by Chartered Financial Planner Jack McVitie, 57, who died suddenly last autumn following a short illness. The business is now being led by Derek Miles, managing director of LEBC Group. […]
I’ve joined Osprey Fund’s Board of Advisors
[embedded content] Some news – I’m a founding investor in Osprey Funds and have agreed to join the company’s advisory board. I’ll also be buying shares in Osprey’s brand new Bitcoin Trust for myself. You can read more about Osprey Funds and all relevant disclosure docs relevant to the Osprey Bitcoin Trust (OBTC) here. I […]
CDC’s classroom guidance would keep 90% of schools at least partially closed
A student is seen on the steps of the closed public school PS 139 in the Ditmas Park neighborhood in Brooklyn of New York, the United States, Oct. 8, 2020. Michael Nagle | Xinhua News Agency | Getty Images The Centers for Disease Control and Prevention’s long-awaited guidance on how to safely reopen schools during […]