Common Office Desk Phone Could Be Leaking Info To Chinese Government, Report Alleges
A cold war that just keeps on keeping on
It is now 30 years since the USSR ceased to be. The end of the Cold War was to herald an…
KPMG auditors forged documents to avoid criticism, tribunal heard FT and Economic Consequences of Auditor Reputation Loss: Evidence from the Audit Inspection Scandal SSRN. From the Abstract: “Our results suggest, despite the serious ethical violations the scandal exposed, there were few market and competitive consequences for KPMG and its clients.” Study from 2020, still germane.
Life: The Lord Of The Rings: The Story Behind An Extraordinary Adventure
Bloomberg, IRS Targets Your Side Hustle In Crackdown on Transactions Over $600:
It just got harder to hide from the IRS.
Starting this month, users selling goods and services through such popular sites as Venmo, Etsy and Airbnb will begin receiving tax forms if they take a payment of more than $600. One by one in recent months, tech giants have been warning users of the coming changes and asking them to provide tax information.
“Until this year, the threshold was much higher ($20,000 and 200 transactions) so it didn’t affect nearly as many people,” Venmo told users in its messages about the change. “This requirement only pertains to payments received for sales of goods and services and does not apply to friends and family payments.”
The moves have sparked outcry on social media. For one thing, the lower threshold comes as more and more Americans bet on themselves: a record 5.4 million adults applied to form their own business last year, according to U.S. Census Bureau data released this week. That’s partly because it’s easier than ever to use apps to sell crafts, provide services or rent out a second or third home online.
- CNBC, No, the IRS Isn’t Taxing Your Venmo Transactions
- CNet, Unless You Have a Side Hustle, Your Venmo and Paypal Transactions Probably Won't Be Taxed
The Economic Message Behind Martin Luther King Jr.’s ‘Dream’ Speech Investopedia
The Forgotten Socialist History of Martin Luther King Jr. In These Times. From 2018, still germane.
If MLK Were Alive Today The American Conservative
Back To Normal Isn’t Enough The Defector. A must-read and worth the click-through. It would be interesting to describe the queueing behavior described here with queueing in the last days of the USSR. Again, why does it take a sports site to get writing like this?