Illustration: Rahul Awasthi The ready-to-cook foods segment is seeing accelerated growth as the stay-at-home advisory gives people a chance to broaden their culinary engagement and bring home the joy of dining out. In the three months to end-June, fresh packaged food brand iD Fresh Food has seen paratha sales rise by 60% compared with the […]
Archives for July 2020
How to record Amazon seller fees in QuickBooks Online
If you’re an Amazon seller, you already know that there are fees that Amazon deducts from your sales. If you want to track your profitability, you might be wondering how to get those Amazon seller fees recorded correctly into QuickBooks Online. I’d like to show you how to do just that and also show you […]
Lawmakers grill Robinhood following 20-year-old trader’s suicide
Brokerage app Robinhood should improve its consumer protections, Congressional lawmakers say, following the suicide of Alex Kearns, a 20-year-old investor who had a negative balance of $730,000 on his account. In a letter addressed to Robinhood co-founders Vladimir Tenev and Baiju Bhatt, lawmakers press the company on how it determines which users can access risky […]
Enterprise Data Security: It’s Time to Flip the Established Approach
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.
The 10 elements of financial statements, according to FASB
FASB issued a proposed new chapter to its Conceptual Framework on Thursday that defines 10 elements of financial statements and seeks feedback from stakeholders. The proposed chapter is titled Concepts Statement No. 8, Conceptual Framework for Financial Reporting: Chapter 4, Elements of Financial Statements. In the proposal, the 10 elements of financial statements to be […]
IRS reinstates PTIN user fees
News Procedure & Administration By Sally P. Schreiber, J.D. {:else} {timeSince} {/if} {@if cond=”{isCGMA}”} {:else} {/if} {/.} In T.D. 9903, the IRS issued final regulations reinstituting fees for obtaining and renewing preparer tax identification numbers (PTINs) for tax return preparers in 2021. The new fee is $21 plus a $14.95 fee paid directly to a […]
Show clients empathy in uncertain times
In recent months, Susan M. Tillery, CPA/PFS, has fielded calls and emails from dozens of clients worried about their assets, retirement plans, and other money matters. In times of crisis such as the COVID-19 pandemic, Tillery has learned that sometimes the best way to respond to anxious clients is just to be a good listener. […]
Zoom Addresses Vanity URL Zero-Day
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.
ETtech Top 5: Vedantu’s $100M financing, Twitter’s biggest hack & more
Investors are turning more bullish on India’s online education sector, that is witnessing stupendous growth amid the pandemic Meanwhile, Twitter suffered its biggest security breach in the company’s history as hackers got access to some of the most popular accounts on the platform Vedantu‘s $100 million fundraising Education technology firm Vedantu has raised $100 million […]
Tax Relief in Disaster Situations
When disaster strikes, you have a lot on your mind. Your first thoughts might be of repairing damages and getting your business back up and running. But then it hits you … Oh no, my taxes are due soon. Thankfully, there’s tax relief in disaster situations. About tax relief in disaster situations Individuals and businesses […]