Welcome back to our Weekly Digest. We hope you and your family are doing well. Read on for this week’s update. The ATO has announced that it will be actively conducting audits on the cashflow boost JobKeeper scheme. If you receive contact from the ATO to review your JobKeeper eligibility, you will be required to […]
Archives for August 2020
Former Chancellor returns to JP Morgan
Former UK Chancellor Sajid Javid has accepted a job with US banking giant JP Morgan, re-joining the financial services sector. The bank did not disclose his pay or details of the position but said it would not interfere with his duties as a MP. He is barred from sharing sensitive information he received as Chancellor […]
Stronger and smarter: The key to business continuity planning
The posts in this series have been drawn from Xero’s Stronger and smarter: a small business handbook. Designed to help small businesses determine which steps to take next, this practical guide uncovers the 10 trends shaping the future – so you can come back stronger and smarter than ever. One of the big lessons of […]
Introducing Xero’s Business Finance Pack: Moving quickly to help ease cash flow worries
At Xero, our purpose is to make life better for people in small business. With COVID-19 still putting pressure on small businesses, solving our customers’ problems in simple and beautiful ways is more important than ever. That’s why we’re proud to launch Xero Business Finance Pack. Available for free to our New Zealand customers on […]
Introducing Xero’s Business Finance Pack: Moving quickly to help ease cash flow worries
At Xero, our purpose is to make life better for people in small business. With COVID-19 still putting pressure on small businesses, solving our customers’ problems in simple and beautiful ways is more important than ever. That’s why we’re proud to launch Xero Business Finance Pack. Available for free to our New Zealand customers on […]
Persefoni launches with $3.5 million and a carbon accounting system for big business – TechCrunch
Kentaro Kawamori and Jason Offerman, the co-founders of new startup Persefoni, which aims to make carbon reporting easier for large corporations, know a few things about carbon emissions. The two men met at Chesapeake Energy Corp., an Oklahoma City-based energy company focused on oil and gas extraction that ranks as one of the biggest polluters […]
Business start-up costs to consider when starting a company
It’s the first thing you need to consider when kicking a new business into gear: the feasibility factor. How much will this cost to get off the ground? Is this idea worth it? Can I afford it? Will I make back those start-up costs? Before you set up a Facebook page or print some business […]
The Real Reason for All-Time Highs
[embedded content] Subscribe to the channel here! This week on an all-new edition of What Are Your Thoughts, Michael Batnick and Josh Brown tackle the hottest topics in financial markets, including: Home Depot was the slam-dunk, no-brainer trade of the year. Josh hates himself. James Montier and Howard Marks disagree on the Fed’s influence over […]
Stocks break first record since coronavirus upended markets
Stocks completed the fastest-ever return to a record after a drop of at least 20%, surpassing February highs for the first time since the coronavirus pandemic upended financial markets. The dollar fell to the lowest in more than two years, while Treasurys advanced. The S&P 500 eked out a gain, capping a 52% rally from […]
Proposed regs. govern qualified plan loan rollovers
In REG-116475-19, the IRS addressed the amendments to Sec. 401(c) by Section 13613 of the law known as the Tax Cuts and Jobs Act (TCJA), P.L. 115-97, which provides an extended rollover period for a qualified plan loan offset. Sec. 72(p)(1) provides that if, during any tax year, a participant or beneficiary receives (directly or […]