There are few words that make accountants more uncomfortable than robots, cloud software and artificial intelligence. These are the hot topics in financial technology, but they are also the very things that accountants fear will make them irrelevant. Artificial intelligence 2m ago. Artificial intelligence 2m
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Wall Street's fast-money crowd is returning to well-trodden ground to elude Trump-era tax laws: Delaware. Since late 2017, hedge fund managers have created numerous shell companies in the First State, corporate America's favorite tax jurisdiction. These limited liability companies share a common
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In the new tax bill, Congress thought it could stick it to private equity and hedge fund managers by requiring them to hold investments for three years in order to have their carried interest income taxed at the capital gains. Private equity funds typically hold their investments for a lot longer than three years,
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President Donald Trump's zeal for new a round of tariffs is running into cold, hard economic and political reality: lawmakers from his own party who think it's a bad idea. Twice this week Trump has raised the idea of trade penalties he calls a “reciprocal tax,” only to have White House officials insist there's
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As Jacob Zuma's nine-year tenure as South African president entered its final hours, he remained defiant, calling the ruling party's push to remove him “unfair.” The African National Congress intends passing a vote of no confidence in him in parliament on Thursday if he ignores an order from the party's
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