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According to a new Standard & Poor’s report, there are two key indicators that will tell you what kind of shape the manufacturing industry is in.

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A pedestrian in New York sees a musician getting out of a cab and asks, “How do you get to Carnegie Hall?” The musician replies, “Practice, practice, practice!” It’s an old adage but holds a lot of truth. To be good at any skill requires practice. How good are your employees at recognizing and managing phishing emails? It is a well-known fact that phishing emails are the number one cause of successful cyber-attacks.

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UHY Advisors and UHY LLP (“UHY”) announced today the official opening of its Long Island office, located in Melville, New York.

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Effective for plan years beginning after December 31, 2018, the Internal Revenue Service has amended the requirements for taking a hardship distribution from Section 401(k) plans.

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The IRS has mailed letters to more than 10,000 taxpayers who may have owned or currently own cryptocurrency. The letters are a result of the IRS' attempt to capture untaxed cryptocurrency by educating taxpayers about the tax filing requirements for reporting virtual currency transactions.

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October 1 represents a new fiscal year for the federal government and Congress is back in session after the August recess. Can we anticipate more tax legislation changes before the end of the year?

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High earners on an income of 1.5million USD in G7 countries pay over 60% more in income tax than those in BRIC economies, according to new research by UHY International, the international accountancy network*.

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Charitable giving by individuals in the United States decreased by 1.1% in 2018 when compared to 2017, according to research from Giving USA. One cause for this decrease was due to changes to the tax law under the Tax Cuts and Jobs Act. To compound the decreases in contributions that not-for-profits are facing, corporate giving is trending similarly. Corporate sponsors are increasingly interested in knowing the outcomes that their contributions support and looking for more value-added benefits.

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Books, music, and movies offer factual and fictional stories that capture our imagination, invoke emotion, and move readers to act. The most interesting stories have drama, plot twists, tragedies, ironies, and comedies that reflect on current conditions and paint a vision of better conditions. Not-for-profit organizations, like many other private and governmental organizations, have been digesting a best-selling cybersecurity story fueled by fear, uncertainty, and doubt. If you are one of those board members, consider if the cybersecurity story you are reading or listening to is fact or fiction.

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UHY Advisors, Inc. and UHY LLP (UHY) is pleased to announce the promotion of David Houston to lead its tax practice in its Columbia, Md., office. Houston joined UHY in 2018 as part of the firm’s merger with bgr CPAs.

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