There are about 57 million small businesses and self-employed taxpayers in the United States, including: Corporations and partnerships with assets less than $10 million Sole proprietors Independent contractors Members of a partnership that carries on a trade or business Others in business for themselves, even if the business is part-time Gig workers ( i. e ., Uber/Lyft drivers, owners of Airbnb rentals, delivery services, etc.) The Taxpayer Advocate Service is sharing the following information with small business taxpayers to: Help you meet their filing requirements Share resources for information and tax return preparation Help you file accurate returns Small Business Filing Requirements Generally, the federal tax forms you will need to file vary depending on the type of business: Business Entity Type of Tax Tax Forms Sole Proprietor Income Tax Form 1040/1040SR Schedule C or F Self-Employment Tax Form 1040/1040SR Schedule SE Estimated Tax Form 1040-ES Employment Taxes Forms 940 and 941, 944 or 943 Partnership Annual return of Income Form 1065 Employment Taxes Forms 940 and 941, 944 or 943 Partner in Partnership (Individual) Income Tax Form 1040/1040SR Schedule E Employment Taxes Form 1040/1040SR Schedule SE Estimated Tax Form 1040-ES Corporation (C or S) Income Tax – C […]

Click here to view original web page at www.taxpayeradvocate.irs.gov

Square-parent Block ( SQ ) reported fourth-quarter earnings that missed estimates while revenue and gross profit edged by Wall Street targets. SQ stock rose as its 2023 outlook for a key financial metric met views. Square earnings for the quarter ending Dec. 31 were 22 cents per share on an adjusted basis, down 21% from the year-earlier period. Analysts had projected earnings of 30 cents a share. Also, Square said net revenue rose 14% to $4.65 billion, including Cash App transactions for digital cryptocurrency Bitcoin. SQ stock analysts had predicted revenue of $4.62 billion. Financial analysts also view gross profit as a key metric for SQ stock. Gross profit came in at $1.66 billion, up 40%, vs. estimates of $1.63 billion. Gross payment volume from merchant customers rose 14% to $48.6 billion, missing estimates of $55.35 billion. SQ Stock: Cash App Beats Views But Jefferies analyst Trevor Williams said Cash App beat expectations. "Top-line upside in Cash App on 45% year-over-year revenue growth, excluding Afterpay, offset a GPV-driven miss," he said in a note to clients. The Square Cash App helps individuals manage money and buy stocks and cryptocurrency. Shares in Block initially fell in extended trading then rose […]

Click here to view original web page at www.investors.com

getty MENA’s (Middle East North Africa) tech story started later than Silicon Valley, China, India and Brazil, but as founder of a first-of-its-kind managed marketplace based in the region, I believe that it will take the region far less time to reach maturity. One of the main reasons for this is that it has reached a tipping point in its growth trajectory , thanks to a mix of organic developments and strategic planning. What’s Driving MENA’s Growth The MENA region has a lot of potential and is at a sweet junction of development in many respects. The demographics are young, there is an increased digital adoption, and income levels are moderate in some regions and very high in countries like UAE, Qatar, Bahrain, Kuwait, etc. Further, there is a lot of public expenditure to make the region even more strong in terms of HDI. 1. Demographics: With more than 108 million people aged between 15 and 29 in the Middle East, the youth make up more than 28% of the population. With a median age in many regions lower than the global average of 28 years, MENA could benefit vastly from the demographic dividend in the following years. Defined […]

Click here to view original web page at www.forbes.com

Summary. As the world marks the one-year anniversary of Russia’s invasion of Ukraine, this article shares first-hand stories from a diverse group of Ukrainian business leaders. Their experiences provide a glimpse into the challenges of leading in the midst of war, and… On February 24, 2022, Russian troops invaded Ukraine. This dramatic escalation of a conflict that began 2014 sparked an ongoing war that has led to tens of thousands of deaths and the largest European refugee crisis since World War II. It’s been condemned by 141 countries as an unlawful act of aggression. As the world marks the one-year anniversary of the invasion, we wanted to understand how businesses in Ukraine have navigated the last year. To that end, we conducted in-depth interviews with a diverse group of 10 Ukrainian managers and executives, representing industries including recruiting, IT, education, venture capital, health and fitness, agriculture, and oil and gas. We asked them about their experiences leading in the midst of war, the challenges they faced, and the lessons they learned. Their stories — translated and edited for clarity — follow and shed light on several common themes. Resilience When the threat of a Russian invasion became real in […]

Click here to view original web page at hbr.org

Global Edition Analytics The improved analytics are helping the post-acute healthcare organization’s members find new patients, expand into new markets and meet their business goals. Ryan Ball, vice president of VGM Market Data, a division of VGM & Associates VGM & Associates, a massive service organization for post-acute healthcare, serves thousands of different providers of all different sizes, from single independent practices to large regional and national chains. THE PROBLEM When challenged to offer them more accurate business intelligence, VGM knew the needs of all of its members were quite different. There’s a need to help members better understand and become more efficient in their respective markets, which basically means they want to find and treat more patients. "We’re always looking to provide a greater level of market intelligence and allow our members to help them to do business more efficiently, whether that’s identifying who the key doctors are prescribing particular products in their market, or discovering which payers are actively reimbursing for a particular product at what particular rate; or really even providing volumetric solutions to different manufacturer and vendor partners out there," said Ryan Ball, vice president of VGM Market Data, a division of VGM & Associates. […]

Click here to view original web page at www.healthcareitnews.com

The Australian Securities and Investments Commission said it’s conducting a “targeted review” of the local derivatives business of Binance , the world’s largest crypto exchange. The review includes Binance’s “classification of retail clients and wholesale clients,” a spokesperson for the regulator said in a statement on Friday. Binance earlier tweeted it had closed the derivatives positions of some Australian users because they were incorrectly classed as wholesale investors. The company said it will compensate affected customers for any losses incurred. In a statement, a Binance representative said 500 users were impacted and that the closure was necessary to comply with local laws. Our team identified a small number of Australian users who were incorrectly classed as ‘Wholesale Investors’ on Binance. As per Australian regulation, we were required to inform these users and close any of their own derivative positions with immediate effect. — Binance (@binance) February 23, 2023 The ASIC spokesperson said the regulator “is aware of Binance’s social media posts overnight stating that it had incorrectly classed a group of Australian consumers as wholesale investors.” “It has not yet reported these matters to ASIC in accordance with its obligations under its Australian financial services license,” the spokesperson added. […]

Click here to view original web page at www.bloomberg.com

Recent small business owner surveys show some consistency but also differences in outlook. getty It’s been some time since this column last reviewed available data on the state of small businesses in the United States. Now, a new year is underway, a new Congress has convened, legislative sessions around the country are in full swing, and the 2024 presidential race has begun. What should policymakers in Washington and state capitals know about how small businesses say they’re doing? Several recent surveys and data releases provide insight. (Enormous HT: Tom Sullivan .) Top Lines: Hiring Challenges, Diverging Outlooks Across five different surveys released in January and February, small businesses are united in saying that, while they’re trying to hire, they face continued difficulties in filling positions. Small business owners are less united in these surveys, however, when it comes to confidence and outlook. The five surveys canvassed here are: A short appendix at the bottom of this column provides a rough comparison of the surveys in terms of sample size and types of businesses surveyed. Small Business Confidence Could Be Stable—Or Rising—Or Falling The overall indices of confidences in these surveys shouldn’t be over-analyzed. More interesting are the components of […]

Click here to view original web page at www.forbes.com

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. Studying international business can position you to pursue diverse career paths spanning multiple sectors and industries, including business, healthcare, law and tech. Earning an international business degree helps students cultivate a global business perspective. Graduates with international business degrees can seek jobs in multinational corporations, financial institutions, government agencies, nonprofit organizations and other occupational settings. An international business degree can equip you with core competencies and skills sought by employers worldwide. In this article, we give an overview of the major and explore potential international business degree jobs. What Does an International Business Major Entail? An international business degree can provide you with core business competencies and help you develop a comprehensive understanding of the nuances involved in organizational structure, operations and regulatory requirements in countries around the world. Students in this major examine how global economies intersect while learning vital skills such as cross-cultural communication. International Business Degree Jobs Earning an international business degree can lead to various career opportunities across multiple sectors and industries. The average base salary for graduates with bachelor’s degrees in international business […]

Click here to view original web page at www.forbes.com

MassHire Franklin Hampshire Career Center hosts a job fair at Greenfield Community College on Feb. 15, 2023. The event included 29 employers offering 120 jobs. About 100 job seekers attended. Massachusetts business leaders have been ramping up their warnings that a workforce shortage poses a long-term threat to the state’s competitiveness. This includes western Mass, where companies say they need employees. "We are hiring for a whole bunch of nurses, nurse resident and apprenticeship roles. We also have patient care technician positions, security officer roles, plumbers, electricians, transportation type roles. So a whole gamut of positions," Cole Courtemanche, a recruiter with Baystate Health, said at a recent job fair in Greenfield. Baystate is not alone. There are jobs open at nearly any company you can name. AIM, Associated Industries of Massachusetts, is Massachusetts’ largest business association, serving more than 3,500 businesses across 150 different industries. Chris Geehern is the group’s executive vice president. Chris Geehern, AIM: Health care is one of those specific cases where the the shortage of employees is really acute. A lot of complex reasons, but we’re seeing that across the state. So Baystate’s experience is not unusual. Carrie Healy, NEPM: Now, how was the labor […]

Click here to view original web page at www.ctpublic.org

NEW YORK, February 24, 2023 –( BUSINESS WIRE )–American Express Global Business Travel, which is operated by Global Business Travel Group, Inc. (NYSE: GBTG) ("Amex GBT" or the "Company"), the world’s leading B2B travel platform, today announced that it will report fourth quarter and full-year 2022 financial results on March 9, 2023, before the market opens followed by a live audio webcast at 9:00 a.m. ET. Paul Abbott, Chief Executive Officer, and Martine Gerow, Chief Financial Officer, will discuss Amex GBT’s financial performance and business outlook. The webcast is expected to last approximately one hour and will be accessible by visiting the Investor Relations section of Amex GBT’s website at investors.amexglobalbusinesstravel.com . A replay of the webcast will be available on the website for at least 90 days following the event. About American Express Global Business Travel American Express Global Business Travel is the world’s leading B2B travel platform, providing software and services to manage travel, expenses, and meetings & events for companies of all sizes. We have built the most valuable marketplace in B2B travel to deliver unrivalled choice, value and experiences. With travel professionals in more than 140 countries, our customers and travelers enjoy the powerful backing […]

Click here to view original web page at finance.yahoo.com