IRS to Ban Hedge-Fund Tax Dodge on Carried Interest

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IRS to Ban Hedge-Fund Tax Dodge on Carried Interest

Mnuchin told the Senate Finance Committee that a Bloomberg News story Wednesday, which detailed how hedge funds created scores of shell companies to work around the new carried-profit rules, prompted him to instruct administration officials to issue guidance on the subject within two weeks.
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Restaurant Accounting: How It's Different

Accounting for restaurants differs in some important ways from accounting in other industries. Here are the main differences you need to know. You might think accounting is the same across the board, but it can actually differ quite a bit from industry to industry. So what sets restaurant accounting apart?
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Online Shoppers Gave Singapore Air a Profit Boost

Online Shoppers Gave Singapore Air a Profit Boost. Kyunghee Park , Bloomberg. – Feb 14, 2018 11:00 am. Skift Take. While increased earnings from cargo operations is good news, Singapore Airlines is still battling for passengers in a market that is squeezing it at both ends. A transformation program
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Gowdy Opens Congressional Probe of Former Trump Aide's Clearance

Bloomberg's Kevin Cirilli reports on the scandal involving General John Kelly and a former aide. The chairman of the House's main investigative committee ramped up pressure on White House chief of staff John Kelly with a letter seeking answers on who knew about spouse abuse allegations against a
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United flight passengers look out window, see worst nightmare

It's a flyer's worst fear: Looking out the window of a plane and seeing something wrong with one of its wings. Now imagine seeing an engine cover come off – in midair – as you're peering out said window.
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