Taxation in the Data Economy: The ‘Invisible’ Competition
The individual is both the creator and user of her own data. Companies collect personal data, use it for various purposes like improving products and anticipating consumer behavior, and return those benefits to consumers. Big Tech’s multi-faceted uses of data generate new economic value, prompting questions on how consumers can be fairly compensated. Some experts […]
Red Flags that Could Trigger an IRS Audit Accountants and Advisors
Content Running a Business Red Flags That Could Trigger an IRS Small Business Audit What Are The Biggest Red Flags For IRS Audits? What Happens After the Audit? Missing Forms Rental losses – Normally the passive loss rule prevents the deduction of rental real estate losses, but there are some exceptions. The IRS actively reviews […]
Wage inflation ain’t dead yet
This article is an on-site version of our Unhedged newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday Good morning. Scenes in Brasília over the weekend brought back painful memories of two years ago in Washington. Trump might be receding into the rear-view mirror, but anti-democratic populism is not. […]
The Twitter Files: Lenin Would Be Proud
“The vast majority of commercial and industrial establishments are now working not for the free market but for the government.” V.I. Lenin, State and Revolution; 1917 This Lenin quote leapt to mind amid the recent revelations coming from the “Twitter files” and exposed over the past several weeks. Among other disclosures, the files revealed direct […]
