The position of New York City "night mayor," announced last year by Mayor Bill de Blasio, remains unfilled. The person is meant to be a nightlife ambassador who serves as a liaison between the nightlife industry and city officials.
The Financial Accounting Standards Board has proposed adding a US benchmark interest rate to the list of rates permitted in the application of hedge accounting.
Three recent cases provide valuable insights for taxpayers who need to know when an out-of-state corporation owning a passive interest in a pass-through entity doing business in New Jersey might be found to have sufficient nexus to subject it to the state's corporation business tax.
The UK Financial Conduct Authority and the US Commodity Futures Trading Commission are partnering on financial-technology initiatives. "We believe that by collaborating with the best-in-class FCA fintech team, the CFTC can contribute to the growing awareness of the critical role of regulators in 21st-century digital markets," said CFTC Chairman J. Christopher Giancarlo.
Financial planning software can bolster retirement talks with clients and help them see how various scenarios could affect them. When searching for the right package for your practice, consider factors such as ease of use and whether the software uses a goals-based or cash-flow-based approach.
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