SALT

Wake up with REM: Pretty fly for a WiFi

Pretty fly for a WiFi.png

A lot has changed since the early 1990s. The internet is no longer an amenity; it’s a utility. In our current corporate culture, WiFi connectivity has come to be considered more of a right than a privilege. Right or wrong, the internet is here to stay—and today’s tax news reflects that. Read on, Macduff…

  • Sales tax bonanza for towns with an Amazon warehouse has other cities eyeing a cut. [Sacramento Bee]
  • The Inevitable Clash Between Seattle and Amazon Has Begun [Slate]
 
Stormy Rudy Michael Trump.png
 
  • Stormy Daniels, Michael Cohen, Giuliani, Trump, and (drumroll) TAXES! Oh, come, now. You know we're a tax blog, right? How could we be talking about anything else? [Forbes]
  • Keep your head in the cloud, because that's where your ledgers will be. 5 key tech innovations helping accountants transform their businesses. [Accountancy Age]
  • Tennessee tax breaks are poaching Wall Street businesses and bringing them to Nashville. [Bloomberg]

And in keeping with our internet theme, here's how we ended up with the word "meme." It's probably not what you think...

 
 

The Wake-Up Call is The REM Cycle’s biweekly compilation of newsworthy articles pertaining to taxation, accounting, and life in general. Got a hot tip? Email us at REMCycle@rem-co.com.

Wake up with REM: Pi Day edition

triple-berry-pi-day-pie_hero.jpg

As accountants, we get excited about numbers. It’s kind of what we do. That’s why we’re tipping the hat to our favorite mathematical constant one day early here at the REM Cycle. March 14 is traditionally Pi Day, a global celebration of π, or Pi. Pi is the ratio of the circumference of a circle to its diameter, approximately 3.14159. (March 14 = 3.14 … get it?) So while we’ve got some great tax-related content for you today, you can also delight in some smart and quirky pi facts, courtesy of Raich Ende Malter & Co. LLP. You’re welcome.

Retiring soon? Forbes has an excellent guide to 12 retirement investment options. [Forbes]

Philadelphia accountants overlooked sales tax for a food service client. Waterfront Gourmet Corporation of Philadelphia is now on the hook for over $70,000 in back sales tax, including penalties. What happened? [PennRecord] (Full disclosure: Waterfront does not sell pies. We checked.)

Not everyone can effectively use Health Savings Accounts. But it’s definitely worth learning the ins and outs of HSAs—and how they can fit into your tax deductions. [The Motley Fool]

“A host of errors and ambiguities.” Ouch. Apparently, rushing a bill through Congress can result in costly mistakes—especially when it's a set of laws that fundamentally change our tax structure. Here’s what happened, and what the government is doing to address it. [New York Times]

ICYMI: The rich are happier about their taxes than the poor. Huh? [MotherJones.com]

8 National Pi Day 2018 Freebies and Deals: [Parade]

RECIPE: Bake the perfect Pi. [Pillsbury.com]

VIDEO: Calculating pi with real pies. We are So. Hungry. Right. Now. [YouTube]

The Wake-Up Call is The REM Cycle’s biweekly compilation of newsworthy articles pertaining to taxation, accounting, and life in general. Got a hot tip? Email us at REMCycle@rem-co.com.