Tax Talk

Economy and taxes — here are a few things that caught my attention lately.
Hope you find them interesting too.
 
Roller coaster ride
Trade conflicts. Brexit. And other global concerns.
All of these have caused a great deal of “indigestion” to business executives.
What makes them nervous?
China’s cooling economy. The European Union with its regional conflicts. And more.

Expectations for profits and revenues dipped.
Then went back up.
For the most part, this “Roller coaster” won’t have much of an impact (if any) here in the U.S.

What will impact the businesses here is the rising interest rates.
That has American companies feeling less optimistic.
They worry about an economic slowdown.

Taxing streaming services
Tax regulators (both in the U.S. and Canada) have started paying attention to Netflix, You Tube, and other streaming services.
Why?
There is money to be made, of course.

These services are taxed in Iowa, Washington D.C. and Canadian provinces of Québec and Saskatchewan
(It began in January of this year.)

Interestingly (and funny) some legislators called this tax a
“housekeeping item in the legislation.”
Those Canadians tax regulators — such a humorous bunch

Digital-savvy Millennials — easy prey for cyber criminals?!
Tax fraud: in 2018 hackers and cyber criminals have targeted more Millennials.
Why?
Because they have proven to be the most likely to fall for phishing scams!!
Move over grandpa and grandma.
Your digital-savvy grandson is a much easier target.

Mariana Fieraru

Mariana Fieraru, an Eastern European transplant, fell in love with her new home shortly after landing in New York. She "discovered" pizza! Years later she still loves pizza. And so do her two feathered-kids, Sunny and Flipper

Mariana worked on both, the east and the west coast.
Big or small, each project she worked on helped define the importance of gaining and sustaining a competitive edge in an increasingly complex business environment.

Business know-how, love of teaching and writing – all combined in 2006 to form OBI.
Its mission: to make learning fun! And easy.

Through its training, consulting, and publications OBI builds bridges of knowledge to take you from where you are to
where you want to go. Using a mix of serious, informal, analytical, and optimistic approach, OBI truly makes learning fun.

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