NSAC Happenings and Latest News - Page 63
Unclaimed Property Audit Fallacies and Myths
Despite the strong economy and their fuller coffers, states across the nation continue to take an aggressive approach in administering their unclaimed property statutes. Illinois, for example, has eliminated its business-to-business exemption. And Delaware, the domicile for many U.S. companies and unquestionably the most aggressive state in this area, has once again begun issuing audit notices. Every U.S. state, the ...
Read MoreIRS Finalizes Rules for 100% Depreciation Deduction
The Internal Revenue Service and the Treasury Department released the final regulations for the new 100 percent additional first year depreciation deduction included as part of the Tax Cuts and Jobs Act, allowing businesses to write off most depreciable business assets in the year they are placed in service, along with a new set of proposed regulations on the tax break. The deduction generally applies to depreciable business assets with a ...
Read MoreIRS Updates Per Diem Rates for Lodging and Meal Expenses When Traveling
The Internal Revenue Service issued new per diem rates for business travelers to use for lodging, meals and incidental expenses, effective Oct. 1, 2019. Notice 2019-55 provides the annual update to the rates that taxpayers can use to substantiate the amount of expenses for lodging, meals, and incidental expenses when traveling away from home. The notice also includes the special transportation industry rate, the rate for the incidental expenses ...
Read MoreHow to Nurture Tomorrow's Leaders
Learn three ways you can personally help train future leaders. Who taught you how to drive your first car? Maybe it was your parents, a family friend or a driver's education teacher. Whoever it was, they most likely had a lot of experience driving in order to show you the ropes. Everyone has great stories about learning to drive, as it's an important milestone; a rite of passage to adulthood. Hopefully, your teacher showed you the basics and ...
Read MoreHow to Speak Without Anxiety
Most of us — even those at the top — struggle with public-speaking anxiety. When I ask my clients what makes them nervous, invariably they respond with the same answers: “I don’t like being watched.” “I don’t like the eyes on me.” “I don’t like being in the spotlight.” And it follows that when they get up to speak, nearly all of them initially avoid making eye contact with ...
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