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How Do I Forecast with Tax Code 280E?

CFO Share

Your strategic business forecasting must include proper considerations for section 280E – this is essential to planning cash flow and avoiding catastrophic tax bills at year-end. In simple terms, that means the cannabis industry taxable income is closer to its revenue rather than profit. Transportation costs.

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Duncan Burgess, Global Finance Director

CFO News Room

He joined oil and gas company BG Group in their budgeting and forecasting team to broaden his management accounting and reporting experience. After a few other job roles, he became UK finance director at taxi transport and technology company Gett in 2018. This provided great grounding, he says, particularly in financial accounting.

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US Airlines: 2020 Losses May Land Above $35 Billion

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airlines are likely to lose more than $35 billion in 2020, CNBC reported, citing public documents and analysts' forecasts. Citing industry analysts, CNBC reported that Southwest, Delta and Alaska are likely to return to profitability during the course of 2021. According to the recent post, U.S.

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Shipping Company XPO Refinances $1B After Amazon Pulls Business

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XPO Logistics, one of the world’s largest transportation and warehouse operation companies, is looking for a buyer for $1 billion worth of bonds to refinance its debt following the loss of its biggest customer, which Wall Street analysts say is Amazon. The company is also dealing with decreased demand for its services in Europe.

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Planning business scenarios for financial agility

Future CFO

The on-going COVID-19 pandemic has irrevocably disrupted the global economy at an unprecedented scale – forcing manufacturing facilities to shut down, grounding thousands of land, air and sea transportation, and compelling companies to adapt work-from-home arrangement when authorities put quarantine measures in place. Umeer Zahoor.

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Grocery, Online Drive Blockbuster Q2 For Walmart

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percent to $128 billion, well ahead of analyst forecasts of $125.9 Walmart reported a net loss of $861 million (29 cents a share) for the quarter end on July 31, compared with a net income of $2.9 That loss was largely from the sale of a majority stake in Walmart Brazil. By The Numbers. Q2 revenues jumped 3.8

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Amazon’s Uncharted Territory And Travels On Indian Trains

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The Wall Street Journal reported that Amazon is expanding its grocery delivery services , and curbside pickup and convenience stores are being planned nationwide. But the category of perishables marks new territory for Amazon, which The Motley Fool thinks could present a challenge and put a deep dent in short-term profits. In the U.S.,