Business Tech Roundup: The Best Free Tax Software For Filing Your Taxes
Fact: CashApp Taxes is chosen as the best overall free tax preparation software by ZDNet.
software
Intership Navigation invests in digital ship management
Intership Navigation will be investing in digital ship management solutions following a management buyout which led to a strategic partnership with MariApps Marine Solutions.
Bloomberg Tax & Accounting Unveils Next Generation Suite of Integrated Solutions, Revolutionizing the Corporate Tax Process
Bloomberg Tax & Accounting has launched a suite of integrated solutions that modernize the corporate tax process, from data collection to tax calculations. The suite includes Bloomberg Tax Provision, Bloomberg Tax Fixed Assets, and Bloomberg Tax Workpapers, which automate data prep and feed into tax calculations.
How investment firms shield the ultrawealthy from the IRS – ICIJ
The fact described in the text is that the IRS has received a major infusion of funding, including billion in 2022, to address the issue of large partnerships used by the ultrawealthy to hide income and avoid paying taxes.
Tech news: Bloomberg launches corporate tax suite
– Neel Lee Chauhan was appointed chief product officer of IRIS Software Group.
– Christina Mautz joined Valid8 Financial as executive vice president for marketing.
– Brett Suchor took on an expanded role as executive vice president for strategic partnerships at Valid8 Financial.
– Dr. Max Bernt joined TaxBit as the managing director of Europe.
– Zach Nelson and Nancy Harris joined the board of directors at Acumatica.
Why maintaining ASML equipment is the new front in US-China chip war
The U.S. government is urging allies to prevent computer chip manufacturing equipment companies, such as ASML of the Netherlands, from maintaining tools sold in China to hinder China’s ability to produce advanced computer chips. ASML’s lithography tools are crucial in chipmaking, and denying maintenance could halt chip production in Chinese plants. The Dutch government, a U.S. ally, may deny export licenses for maintenance in some cases but aims to avoid harming ASML or its relations with China. ASML sold a significant amount of equipment to Chinese customers, but its best tools are not sold there. ASML has export licenses to service Chinese customers until the end of the year. If Chinese chipmakers lose maintenance support for ASML equipment, they may face challenges in operating optimally without software updates and specialized parts. ASML’s consequences may be minor initially, but Chinese chipmakers may seek alternatives to using ASML equipment in the future.
10 Cypriots on Forbes 2024 billionaire list
– Vinod Adani is the top-ranking Cypriot on the Forbes World’s Billionaires List for 2024 with a net worth of billion.
– Adani, aged 75, resides in Dubai but has Cypriot citizenship.