CFO Share

AUGUST 5, 2021

In simple terms, that means the cannabis industry taxable income is closer to its revenue rather than profit. Whether you are growing, extracting, or retailing; none of the following expenses are ever permitted to be tax deductible: Marketing and advertising expense. Losses under section 165 (fire, storm, theft, etc.).

Forecasting 96

Forecasting GAAP Profit and Loss Accounting Principles 96

The Charity CFO

SEPTEMBER 14, 2022

As a result, Congress implemented the UBIT in 1950 to eliminate the unfair advantage tax exemption gave to nonprofits competing against for-profit entities in the same sector. For example, the UBIT prevents an entity such as a church from using its exempt status to open a store purely for profit with no charitable purpose.

Nonprofit 98

Nonprofit Profit and Loss Education CFO 98

CFO News Room

DECEMBER 7, 2022

For investment advisers looking to attract prospective clients, advertising the performance of their investment strategies would be a logical way to market their services (at least if they had strong historical returns!). Two final prohibitions under the Marketing Rule include restrictions on the use of predecessor performance (e.g.,

Advertising 130

Advertising Marketing Communication Compliance 130

CFO News Room

DECEMBER 26, 2022

Outside of work, he serves as a volunteer financial planner and class instructor for non-profits in the Northern Virginia area. He previously worked at a financial planning firm in Bethesda, Maryland, and as a journalist covering the banking and insurance industries. He can be reached at [email protected]. Read more of Adam’s articles here.

Planning 130

Planning Benchmarking Profit and Loss Communication 130

CFO News Room

DECEMBER 28, 2022

Example 2 : Alice is a 55-year-old advertising executive earning wages of $200,000 per year. Suppose, however, that early in 2024, Alice is offered a job by a competing advertising company, and they agree to pay her an annualized salary of $250,000. Section 305 of SECURE Act 2.0 Interestingly, Section 322 of SECURE Act 2.0

Planning 130

Planning Securities Accounting Tax Planning 130

Barry Ritholtz

JUNE 27, 2023

.” RITHOLTZ: So people also should realize, for those of you who’ve never traded futures, it’s not like options where essentially you could put up your losses in advance and all they could do is go to zero. RITHOLTZ: Put up your losses in advance. Options, you’re on the hook no matter where it goes.

Math 57

Math Risk Management Profit and Loss Marketing 57

Barry Ritholtz

MARCH 21, 2023

ASNESS: Well, I was striving for uncorrelated, but then the compliance officer in my head is saying sometimes it doesn’t come out to zero all the time. ASNESS: Some of the things like betting against beta, quality or profitability, carry strategies were additions over time. RITHOLTZ: Right. ASNESS: But it comes out close.

Profit and Loss 65

Profit and Loss Valuation Forecasting Investments 65