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Cash Flow Relief for Independent Consultants: the CARES Act & Other Ideas

Successful Independent Consulting

Eligibility is based on your adjusted gross income from your most recent tax return, either for 2019 if you already filed it, or for 2018 if you haven’t. You’ll need to provide evidence of your qualifying status, such as 1099-MISC tax forms from your clients, and accounting statements like an income statement and/or balance sheet.

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Why Financial Statements Don’t Work for Digital Companies

Harvard Business

On February 13, 2018, the New York Times reported that Uber is planning an IPO. This becomes clear when you look at a company’s two most important financial statements: the balance sheet and the income statement. Let’s first look at the balance sheet. steven moore for hbr.

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The Cantillon Effect

Tom Spencer

In 2020, the Fed has galloped over the precipice, increasing its balance sheet by around $2.8 Central banks pursue “inflation at any cost” in order to oil the wheels of the credit markets. This inadvertently fuels asset bubbles and financial instability. trillion over the last 5 months.

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ECB's Targeted Lending Spree Starts Out As Flop; Modern Monetary Insanity

MishTalk

The European Central Bank’s first offer of cheap four-year loans has fallen short of expectations, dealing a blow to president Mario Draghi’s hope of sustaining the eurozone’s ailing economy by expanding the central bank’s balance sheet. per cent until late 2018 so long as they meet targets for lending to businesses.

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Political Greenwashing: US Exports Coal Pollution to Europe; What About China?

MishTalk

Soon, all of Germany’s coal-fired power plants will be dependent on imports, with the country expected to halt coal mining in 2018 when government subsidies end. That’s because it shifts some pollution — and the burden for cleaning it — onto another other country’s balance sheet. increasingly has helped supply.

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Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why

Harvard Business

could become the world’s largest oil producer in 2018, surpassing Saudi Arabia and Russia. In fact, 2018 may mark the first year shale producers will be able to fund future expansions of drilling programs through their own cash flow. Most major producers with large balance sheets will likely hedge their bets and attempt both.

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Shockingly Bad Fiscal Health of Chicago (and the Financial Engineering Chicago Uses to Hide that Fact)

MishTalk

It is not a balance sheet test, but a cash flow test. That’s more than the state’s total projected general-fund spending in fiscal years 2016, 2017 and 2018 – combined. Municipality has to be in a position where it cannot make near-term payments on obligations as they come due (like within six months).