Withers Tsang is an Auckland-based chartered accounting firm offering a full range of business advisory services, tax compliance and specialising in advising on property related transactions and structuring. Withers Tsang is a Xero platinum partner and has been a Xero partner since 2007. Nick Ashford and Stephen Tsang, partners at Withers Tsang, led the implementation […]
Archives for 2020
Disney wants the Netflix treatment, renting a house, breaking up tech monopolies
[embedded content] Subscribe! On an all new episode of What Are Your Thoughts, Michael Batnick and Josh Brown discuss the hottest topics on Wall Street this week, including: *Is Facebook really a monopoly if they’re competing with Google and The Trade Desk on ads, Snapchat and Twitter on users?*Will millennials embrace single-family home rentals as […]
YCharts acquisition keeps PE dollars flowing into advisor fintech
YCharts has been acquired by LLR Partners as private equity dollars continue to flow into the wealth management industry — particularly the fintech sector. An investment research and analytics platform for RIAs, broker-dealers and asset managers, YCharts has more than 6,000 users, primarily financial advisors, and the fintech counts firms like LPL Financial, Dynasty Financial […]
Accountants worried about environmental and social issues – Accounting Today
Accountants are deeply concerned about social and environmental issues, according to a new global survey by the Association of Chartered Certified Accountants. The report found 90 percent of the 829 accountants and finance professionals polled by the ACCA want organizations to increase their efforts to become more environmentally sustainable and make a more positive impact […]
October Patch Tuesday: Microsoft Patches Critical, Wormable RCE Bug
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Small business: How to thrive in a changed world
At Xero, we’re doing all we can to help small businesses and their advisors to navigate these incredibly difficult business conditions. We’re all facing uncertainty at the moment, and we know many small business owners are looking for accurate information, practical tips and advice. To find out more about the impact of the pandemic on […]
Consolidated group NOL rules are finalized
The IRS finalized guidance for consolidated groups on the treatment of net operating losses (NOLs) after recent statutory changes (T.D. 9927). The final regulations adopted proposed regulations issued in July (REG-125716-18), except for Prop. Regs. Secs. 1.1502-21(b)(3)(ii)(C) and (D), with a few clarifications in response to comments. In the preamble, the IRS said it intended […]
Mental accounting is impacting sustainable behavior – Science Daily
Mental accounting is a concept that describes the mental processes we employ to organise our resource use. Human beings tend to create separate mental budget compartments where specific acts of consumption and payments are linked. This mechanism can be counter-productive when it comes to energy consumption and can have a negative impact on attempts to […]
Trump brings tax return case to Supreme Court again after losses in lower courts
President Donald Trump answers questions from the news media in the Oval Office of the White House in Washington, September 11, 2019. Leah Millis | Reuters President Donald Trump asked the Supreme Court on Tuesday to block lower court decisions that would give the Manhattan District Attorney’s office access to years of his income tax […]
Accounting and financial controllers steer the ship – Accounting Today
Accounting and financial controllers are some of the hardest-working executives in an organization, but unfortunately they are often overlooked. There are more than 250,000 controllers in the United States, and 810,000 worldwide, yet CFOs and the C suite seem to get all the media attention. Around the world, companies and organizations turn to their controllers […]