General Article Archives - Page 21
Final Regulations Under IRC Section 163(J)
Originally Published in The Cooperative Accountant, Winter 2020 Issue On July 28, 2020, the Treasury Department released final regulations with guidance on applying the limitations on the deductibility of business interest expense (BIE) under IRC Section 163(j) (the Final Regulations), which was significantly modified by the Tax Cuts and Jobs Act (TCJA) and then temporarily modified by the Coronavirus Aid, Relief, and Economic Security Act ...
Read MoreNervous About A Job Interview? 15 Smart Strategies To Conquer Your Anxiety
No matter how many job interviews you’ve gone through, it’s perfectly normal to get nervous beforehand. You might be unable to sleep the night before or feel your stomach tying up in knots as the meeting time draws closer. If nervousness about a job interview becomes overwhelming, it can hinder your performance. Luckily, there are several things you can do to help alleviate your anxiety. Below, 15 members of Forbes Human Resources ...
Read MoreHow to Work with Someone You Can't Stand
You can pick your friends, but you can’t usually pick your coworkers. Chances are you’ll work with someone you don’t like during your career, and there may even be someone on your team right now that you can’t stand. While working remotely limits the amount of interactions you have to have with the person, it can also limit information and make the situation worse, says Carlos Valdes-Dapena, author of Virtual Teams:
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FASB Approve Accounting Update to Presentation and Disclosure by Not-For-Profit Entities for Contributed Nonfinancial Assets
Originally Published in The Cooperative Accountant, Winter 2020 Issue. On September 17, 2020, the Financial Accounting Standards Board (FASB) issued an Accounting Standards Update (ASU) intended to improve transparency in the reporting of contributed nonfinancial assets, also known as gifts-in-kind, for not-for-profit organizations. Examples of contributed nonfinancial assets include fixed assets such as land, buildings, and equipment; the ...
Read More5 Strategies to Smoothly Handle a Workplace Confrontation
The act of confronting someone can be awkward and stressful. Here are a few strategies to skillfully approach the encounter. Some situations at work urgently require a confrontation. Maybe it’s a gripe you have with your coworker, your boss, your neighbor, or even your spouse. But instead of confronting the problem, you ignore it. You rationalize away having the conversation by saying, “it’s not that big of a deal,”or ...
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