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Mama Mia! Italy Stuns Banks With 40% Windfall Tax in 2023

In what is considered to be a surprise blow, Italy has surprised the entirety of Europe by setting a one-off 40% tax on profits that were gained from rising interest rates. Italian banks were shocked by the news, to … Continue reading

 

IRS Beginning Paperless Processing Initiative

Within the next two years, the IRS plans on processing every tax correspondence, notice response, and non-tax form digitally as opposed to on paper. This is an effort to reduce the amount of paper that has ultimately cost the agency … Continue reading

 

Clean Energy Tax Credits – How to Maximize the Benefits

When the Inflation Reduction Act was passed in 2022, the Internal Revenue Service set new regulations that ultimately allow a wider range of entities to fully take advantage of the clean energy tax credits. This article will break down who … Continue reading

 

Bed Bath & Back From Bankruptcy

About a month ago, a company known as Overstock.com announced that it had bought Bed Bath & Beyond and planned to bring the once titan of a company out of bankruptcy. Now as of last week, Overstock.com has officially republished … Continue reading

 

Maintaining a High Workplace Morale – DSJ Breakdown

The shift in the overall attitude of the United States workforce is a trend that is being seen by business owners all over the country. With terms such as “quiet quitting” becoming mainstream, it is important that business owners do … Continue reading

 

NY and California Lost More Income Tax Than Any Other State This Year

A new study that was conducted by an online real estate portal known as MyEListing.com has revealed that California and New York lost more income tax than any other states in the country. One of the main reasons for this … Continue reading

 

Why Aren’t College Students Studying Accounting? DSJ Breakdown

When it comes to college students studying accounting and planning to obtain their CPA, that number is dwindling year after year. According to the experts on this topic, this is not because the future workforce doesn’t see value in a … Continue reading

 

The Auditing Industry is in a “Completely Unacceptable State”

When it comes to auditing, CEOs of Fortune 500 companies and beyond rely on accounting firms to verify their finances. These CEOs are expecting accurate snapshots of their business that can be published and viewed by shareholders and the rest … Continue reading

 

Hunter Biden Changes His Plea to Not Guilty

For several weeks now, it was expected that First Son Hunter Biden would plead guilty to his tax crimes to avoid a gun charge. However, this has recently changed after the judge assigned to the case said she needed more … Continue reading

 

No More Bird Logo – Elon Musk Rebrands Twitter to ‘X’

Since the year 2006, the iconic blue and white bird logo has been a large part of Twitter’s brand identity. This logo is where the term “Tweeting” even came from. However, Twitter’s new owner Elon Musk has just renamed the … Continue reading