If you are like me, and happened to be in another world this past weekend (in my case Disney World), you may be wondering: What the hell just happened in Saudi Arabia?
Japan just had an important national election. You should care about what happened. Want to know why?
Can we really blame the impact of Russian disinformation efforts on Internet companies like Facebook, Twitter, & Google?
Is not using the word ‘terrorism’ with respect to the Las Vegas mass shooting racist? Is using the term ‘lone wolf’ racist? Some people seem to think so, but I disagree.
As you may know, the Republican leadership along with the Trump administration have recently put out the general outlines of their planned tax reform package, which will focus on lowering rates for businesses and individuals, as well as incentivizing business growth and investment through a number of different mechanics, including ‘loophole’ reduction and alteration of some tax treatments. I will have far more to say with respect to this plan as it moves through Congress, but this article is only focused on one specific proposal within the basic GOP plan that is not getting a lot of coverage outside of the business-oriented press (and not even much there). The proposal is known as ‘full expensing’ and allows businesses to treat investments in physical property, intellectual property, and other long-lived assets as expenses that only last one year versus the current treatment which maintains that those expenses must be spread out over multiple years (this is known as ‘depreciation’). Why focus on this seemingly minor proposed change, when there are big rate changes and other important proposals within the plan? As a former auditor and licensed CPA with plenty of experience in reviewing financial statements of large public companies, as well as smaller private firms, I see this proposal, said to boost growth by its backers in the Republican party, as one that will throw the accounting system and financial statements into a world of chaos.Read More »
North Korea constantly threatens the US and her allies. But is that the real threat, or are we missing something closer to home?
On April 26, 2017, President Donald Trump signed Executive Order 13792, otherwise known as the Presidential Executive Order on the Review of Designations Under the Antiquities Act. This executive order tasked Interior Secretary Ryan Zinke with reviewing “all Presidential designations or expansions of designations under the Antiquities Act made since January 1, 1996,” where the designation is larger than 100,000 acres or where “the designation or expansion was made without adequate public outreach,” to determine whether they should be altered. Why does this matter, and what is the Antiquities Act anyway?