Day: September 12, 2020

IRS Releases New Per Diem Rates For Taxpayers Who Travel For Business

The new per diem numbers are now out – a little earlier than normal. It’s important to note that they are not effective until October 1, 2020. These numbers are to be used for per diem allowances paid to any employee on or after October 1, 2020, for travel away from home.

The Internal Revenue Service (IRS) allows the use of per diem (that’s Latin meaning “for each day” – remember, lawyers love Latin) rates to make reimbursements easier for employers and employees. Per diem rates are a fixed amount paid to employees to compensate for lodging, meals, and incidental expenses incurred when traveling on business rather than using actual expenses. 

Here’s How Per Diem Typically Works

A per diem rate can be used by an employer to reimburse employees for combined lodging and meal costs, or meal costs alone. Per diem payments are not part of the employee’s

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Central Minnesota farm ‘renegade’ tackles new industry: Fashion

When Matt Maier bought some land near his childhood home in Clearwater, Minn., and started using regenerative agriculture to raise grass-fed cattle, he went into the beef business with a high-minded ideal: Improve the environmental degradations wrought by the industrialized food system by using more natural processes.

It became clear when he saw the numbers that the food industry was threatening the earth: that conventional agriculture contributes more than a third to global greenhouse gas. That U.S. soil is eroding 10 times faster than it can be replenished. That the chemicals we’re putting into our soil is ruining that land for the future.

Maier started researching regenerative agriculture. He learned about the farming and grazing practices that attempt to reverse climate change by rebuilding organic matter in soil and restoring soil biodiversity. He found out that the animal so vilified for its contributions to climate change — the cow —

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The top recession-proof master’s degrees for graduate students

  • With coronavirus weighing on the economy, advanced degrees may seem like a viable option in a restricted job market. 
  • These degrees will pay off in the long run, executives, recruiters, and career experts said. 
  • Consider a master’s in supply-chain management, cybersecurity, or artificial intelligence to break into high-demand tech roles.
  • Also look at nursing, healthcare, teaching, and even marketing or communications, all skills in demand now.
  • Visit Business Insider’s homepage for more stories.

Certain industries have been hit particularly hard by the COVID-19 crisis. Business Insider recently reported that in April, the hospitality and leisure industries led the pack for layoffs.

The dismal economic situation begs the question: Are there any advanced degrees that college students should target if they’re considering higher education — that’ll almost guarantee them a job even in a recession?

Business Insider tapped senior-level executives and other business and career experts for their insights and predictions

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Palmisano working to enhance diversity in construction industry, starting with the youth of New Orleans | Sponsored: Palmisano

For years, the construction management industry has struggled with a lack of diversity among its job candidate pool. At Palmisano, leaders have long been active in trying to recruit and hire a diverse workforce. But recently, they have focused additional effort on helping create a more diverse talent pipeline.

As part of the company’s mission, The Palmisano Foundation, a 501c3, works with organizations such as Junior Achievement and Youth Rebuilding New Orleans, among others. The idea is to work with youth and let them know about career development opportunities in the construction industry. In addition, Palmisano plays a significant role in the ACE Mentor Program, which focuses on providing students with education and opportunities for long-term careers in the construction industry.

This past year, Palmisano partnered with the University of New Orleans to support the creation of a new Urban

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Southern Ocean Chamber celebrates National Small Business Week September 22-24

LBI Region, NJ – This year the Southern Ocean County Chamber joins the US Small Business Administration in celebrating National Small Business online with a series of virtual conferences running from Tuesday, September 22 at 1 pm through Thursday, September 24. This year’s National Small Business Week activities will include numerous educational panels providing retooling and innovative practices for entrepreneurs as our nation’s small businesses look to pivot and recover, contributing to a stronger economy.

The conference line up includes Pride in America’s Small Businesses, educational presentations, panel discussions that help both new and existing businesses to recover and innovate. Presentations also include Opening ceremony, SBA’s Veteran Resources, networking with other business owners and industry experts.

The 106 year business organization encourages all to find out more details and registration information for this free online conference on https://www.sba.gov/NSBW . 

 For more information on the Southern Ocean County Chamber of

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Third-party data: Senior taxmen raise questions over Nadra’s proposal

ISLAMABAD: Senior tax officials of the Federal Board of Revenue (FBR) have raised different questions over the legality of the National Database and Registration Authority’s proposal for seeking third-party data from the FBR, legal status for determining tax liability of non-filers using the FBR database and projected annual revenue.

Sources told Business Recorder Saturday that the questions were raised by the FBR team of tax officials during the last meeting held at the FBR House on the Tax Evasion Model (TEM) developed by the Nadra.

In the recent past, this meeting was convened by the FBR for the Nadra’s presentation on TEM developed by the Nadra, “Creation of mathematical models and results of data analytics for broadening the tax base”.

Sources said that the Nadra officials had met the tax authorities to have access to third-party data maintained by the FBR for the purpose of creation of mathematical models, data

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Watch now: Central Illinois farmers market vendors go online through new service | Local News



DOMINANT

Shirley Grimes, co-owner of Above Normal Eggs, feeds chickens on Sept. 2 in the company barn at 1131 Northtown Road in north Normal. The business is seeing success with online marketing during the pandemic.




BLOOMINGTON — For over a decade, warm weather for Katie Bishop meant bundling up zucchini, onions, tomatoes and other produce, and hauling them from her Atlanta farm to the Downtown Bloomington Farmers Market. 

But this year was different. 

The COVID-19 pandemic’s arrival in mid-March sent vendors like Bishop scrambling to get their products to customers. Bloomington’s market was among those that pivoted to an online, curbside-pickup hybrid market in the spring before returning to modified operation in early summer. Some vendors also began delivering right to customers’

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Mastercard and PFS partner Jersey on card-based stimulus scheme


Mastercard and PFS (a company of EML) have partnered with the Government of Jersey to develop the World’s first card-based stimulus scheme.

From today onwards, all eligible citizens in Jersey will be posted their own £100 PFS and Mastercard powered Spend Local Card that they can use in businesses across the island until midnight on October 31st, 2020. After that date, cardholders are being advised to retain their prepaid card in the event of a top-up type payment in the future. This forms part of the government’s overall £150 million fiscal stimulus package to help alleviate the economic hardship caused by the pandemic.

Kelly Devine, Division President, Mastercard UK & Ireland commented: “The Covid-19 outbreak has had a real impact on businesses, and Governments around the world are looking for ways to stimulate their economies. This innovative solution offers a real alternative to stimulus packages delivered through local

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Bruce Williamson, The Temptations’ former lead singer, dies from COVID

Joe Herndon (from left), Terry Weeks, Otis Williams, Bruce Williamson and Ronald Tyson of The Temptations perform during “The Temptations and The Four Tops on Broadway” at Palace Theatre on Dec. 29, 2014, in New York City. (Photo: John Lamparski/FilmMagic)

Bruce Williamson, 49, a long-running voice of The Temptations, has died from coronavirus.

The R&B singer died Sunday evening at Mountain View Hospital in Las Vegas, his business manager, Anta Ealy, confirms to USA TODAY. He was diagnosed with COVID-19 in late August, Ealy says, weeks after having his gallbladder removed. 

“There’s no words in the world that can express how I feel right now,” Bruce Alan Williamson Jr., the singer’s son, wrote in an emotional post on Monday. “I love you Daddy thank you for being awesome thank you for being loving thank you for being Who You Are. … We will meet again.”

“We mourn the loss of

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Ejisu Municipality gets Business Advisory Centre

Regional News of Saturday, 12 September 2020

Source: GNA

2020-09-12

Minister of Trade and Industry, Alan KyerematenMinister of Trade and Industry, Alan Kyerematen

Click to read all about coronavirus →

Mr Alan Kwadwo Kyeremanten, the Minister for Trade and Industries (MoTI), has cut the sod for work to begin on the construction of a Business Advisory and Resource Centre (BRC) at Krapa in the Ejisu Municipality.

The facility, which is being funded by the government with support from the International Fund for Agricultural Development (IFAD) and the Agricultural Development Bank (ADB), is expected to be completed in three months.

It will serve as a training and resource centre for businesses, especially the small and medium scale enterprises in the Ejisu Municipality.

Mr Kyeremanten, at the ceremony, said the project was part of the government’s strategy to support businesses with the necessary advisory services and skills to enable them efficiently manage their businesses.

It would also equip

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