Walt Disney World Preview — Week of September 2

first_imgAttractions Closed For RefurbishmentsMagic Kingdom:The Hall of PresidentsStitch’s Great EscapeSplash MountainThat’s it for today. See you next week! Share This!If you’ve never visited Walt Disney World when the crowds are at a 1 (yes, I said a one), now’s the time to do it. Read on for news, park hours, and more!Special EventsThe Epcot International Food & Wine Festival is in full swing! Have you seen our video overview?Speaking of Epcot, new and returning musical acts have been announced. These groups can be found around World Showcase at pavilions such as Canada, Germany, and Morocco.For those staying at Disney’s Wilderness Lodge, Roaring Fork is open after receiving a facelift. Stop in for breakfast, lunch, or dinner!WeatherFor the most current weather conditions, click here!Crowd Levels(Very low crowd levels are indicated in green.)For more information about crowd levels, click here!Park Hourslast_img read more

IDC boost for goat farming

first_img20 March 2008The Industrial Development Corporation (IDC) has given the Northern Cape goat farming industry a R15-million capital injection, to help transform local herders into commercial farmers.Unveiling the Goat Commercialisation Programme in Grobblershoop on Tuesday, Northern Cape Premier Dipuo Peters said the joint initiative between the IDC, the Department of Agriculture and the Kalahari Kid Corporation would enable locals to engage more actively in the economy.“Today’s launch is a moment in which we are saying the playing fields for the diversification of the province’s goat farming are being levelled,” Peters said. “Our emergent goat farmers now have the opportunity to capture their share of the spoils in the goat value-chain.”She added that the programme would expand the goat population in the province beyond the current 700 000, helping to develop the live goat market, increase supply of meat to retailers and allow for the further processing of goat meat for exporting and goatskin for leather.The agriculture department, through Kalahari Kid Corporation, has to date procured 2 000 goats for the two production farms and a further 900 goats from individual emerging farmers and cooperatives.Peters explained that Kalahari Kid had in turn partnered with LAW Abattoir, an European Union approved abattoir, for the slaughtering and processing of goats for both national and international markets.“These two entities will ensure that all offshore and local logistics that include traceability of the product are met,” she said.The department also donated a total of 300 female goats and nine bucks to three cooperatives, including Kagisanong Women Dipudi in Kuruman, Britstown Small Farmers and Chevon Youth in Globblershoop.To ensuring that the province meets the required demands of the local and international markets, two farms in Rooisand and Boegoeberg have been acquired at a cost of R19-million to be used as production farms.Since 2003 the department has spent an average of R6-million per year on commercialising goat farming.“The intervention of this programme encapsulates research, training, marketing, traceability and production that speaks into the immediate objectives of Asgi-SA and the provincial growth and development strategy,” she said.Asgi-SA – the Accelerated and Shared Growth Initiative for South Africa – seeks to halve unemployment and poverty in the country by 2014, and increase economic growth to 6%.SAinfo reporter and BuaNews Want to use this article in your publication or on your website?See: Using SAinfo materiallast_img read more

What Google Announced At I/O 2014

first_img8 Best WordPress Hosting Solutions on the Market A Web Developer’s New Best Friend is the AI Wai… Related Posts readwrite Tags:#Android#Google#Google I/O#Google I/O 2014#Keynote And here’s the video of the presentation—this embed will be displaying video of several I/O sessions while the conference is going on, but it will most likely default back to the keynote once I/O is over: Top Reasons to Go With Managed WordPress Hosting Why Tech Companies Need Simpler Terms of Servic… The keynote address at Google’s annual developer conference, I/O 2014, is over—but ReadWrite’s coverage is just getting started. See below for a list of our stories so far, as well as our live-tweet coverage and video of the presentation.ReadWrite’s complete coverage of Google I/O 2014:Google Previews The Next Big Release Of Android: “L”You Can Order An Android Smartwatch TodayGoogle Rolls Out Android TVGoogle Launches Android Auto, Its Road-Ready Smart-Car PlatformGoogle’s TV-Streaming Stick Chromecast Just Got Even SexierGoogle Strikes The Next Blow In The Cloud-Storage Wars: Unlimited Space10 Things Google Didn’t Announce At I/O 2014last_img read more

Weekly Report from Washington, D.C.

first_imgCongress returned after its Memorial Day recess and the House Appropriations Committee approved the Financial Services and General Government Appropriations Bill for fiscal year (FY) 2017, which includes funding for the IRS. The Treasury Inspector General for Tax Administration (TIGTA) issued two audit reports, with one finding that the IRS had not effectively identified and assisted all individuals potentially affected by the Get Transcript application data breach. In addition, the IRS issued final regulations that define the term “taxpayer” as it applies for the exclusion of discharge of debt income for specific entities. Final, temporary and proposed regulations that impose corporate level tax when property from a C corporation becomes the property of a REIT or RIC were also issued.CongressHouse. The House Appropriations Committee approved the Financial Services and General Government Appropriations Bill for fiscal year (FY) 2017 on June 9 (TAXDAY, 2016/06/10, C.3), which included a $10.9-billion budget for the IRS for FY 2017. The full committee submitted a draft report in explanation of the bill it will accompany, detailing IRS funding and oversight (TAXDAY, 2016/06/09, C.1). The bill now goes to the House floor.House Ways and Means Oversight Subcommittee Chairman Peter Roskam, R-Ill., and ranking member John Lewis, D-Ga., sent a letter dated June 7 to Attorney General Loretta Lynch asking that all assistant U.S. attorneys (AUSAS) involved in the alleged abuse by IRS’s civil asset forfeiture be held accountable (TAXDAY, 2016/06/10, C.2). The letter requested details on how the Department of Justice (DOJ) is reprimanding those involved and seeks information on how the DOJ will ensure the alleged abuse does not happen again.Senate. Senate Finance Committee Chairman Orrin G. Hatch, R-Utah, sent letters dated June 9 to IRS Commissioner John Koskinen and Treasury Department Secretary Jack Lew inquiring into certain safeguards and coordination strategies the agencies have in place for Code Sec. 1603 grants and energy tax credits (TAXDAY, 2016/06/13, C.2).TreasuryCybersecurity. TIGTA found that the IRS did not effectively identify and assist all individuals potentially affected by the Get Transcript application data breach (Ref. No. 2016-40-037; TAXDAY, 2016/06/09, T.1). TIGTA’s analysis of system audit logs created between January 1, 2014 and May 21, 2015, identified approximately 621,000 taxpayers whose tax account information involved potentially unauthorized access not identified by the IRS.Injured Spouse. TIGTA also reported that the IRS’s Injured Spouse Program did not always resolve taxpayers’ requests for relief in a timely manner, resulting in the unnecessary assessment and payment of interest (Ref. No. 2016-40-042; TAXDAY, 2016/06/10, T.1). TIGTA found that 30 percent of the cases were not resolved within the required time period.IRSREITs and RICs. The IRS issued final, temporary and proposed regulations that impose corporate level tax on certain transactions where property from a C corporation becomes the property of a REIT or a RIC (T.D. 9770, NPRM REG-126452-15; TAXDAY, 2016/06/08, I.1). The regulations are meant to prevent abuses of Code Secs. 355(h) and 856(c)(8) and in furtherance of the purposes of the repeal of General Utilities.Discharge of Indebtedness Regs. The IRS issued final regulations that define the term “taxpayer” for the exclusion of discharge of debt income from gross income of a grantor trust or an entity that is disregarded as an entity separate from its owner (T.D. 9771; TAXDAY, 2016/06/10, I.1).Expatriate Health Plans. The Departments of the Treasury, Labor, and Health and Human Services have issued proposed regulations on the rules for expatriate health plans, expatriate health plan issuers, and qualified expatriates under the Expatriate Health Coverage Clarification Act of 2014 (EHCCA) (P.L. 113-235); NPRM REG-135702-15; TAXDAY, 2016/06/09, I.1). The regulations are proposed for years beginning on or after January 1, 2017.Interest Rates. The IRS announced that the interest rates for the calendar quarter beginning July 1 will remain at 4 percent for overpayments (3 percent for corporations), 4 percent for underpayments, and 6 percent for large corporate underpayments (IR-2016-84; Rev. Rul. 2016-12;TAXDAY, 2016/06/07, I.3). The interest rate corporate overpayment that exceeds $10,000 remains at 1.5 percent.Get Transcript Relaunch. The IRS has relaunched its Get Transcript online service with a much more rigorous authentication process, which provides increased protection against identity theft (IR-2016-85; TAXDAY, 2016/06/08, I.2). The new process requires two-step authentication for all online tools and applications that require a high level of assurance.TE/GE Advisory Committee. The TE/GE Advisory Committee has issued its annual recommendations report to the IRS (TAXDAY, 2016/06/09, I.2). The report offers recommendations to the IRS as to how to approach certain topics and policies to better encourage tax compliance with its limited resources.Common Reporting Standard. IRS Commissioner John Koskinen has urged Congress to act quickly on the Common Reporting Standard legislation during his discussion regarding recent international tax development at the 2016 Organisation for Economic Co-operation and Development (OECD) International Tax Conference. (TAXDAY, 2016/06/08, I.3). The call for a common reporting standard comes after what has been the successful implementation of the Foreign Account Tax Compliance Act (FATCA) (P.L. 111-147).By Jessica Jeane and Jalisa Mathis, Wolters Kluwer News Staff.last_img read more

Sponsors May Use Forfeitures to Fund QMACs and QNECs (NPRM REG-131643-15)

first_imgCCH Tax Day ReportThe IRS has issued proposed regulations amending the definitions of qualified matching contributions (QMACs) and qualified nonelective contributions (QNECs) to allow employers with plans that permit the use of amounts in plan forfeiture accounts to offset future employer contributions under the plan to apply such amounts to fund QMACs and QNECs. Taxpayers may rely on these proposed regulations.Under current regulations, to qualify as a QMAC or QNEC, contributions must satisfy nonforfeitability and distribution requirements at the time the contributions are made. Commenters have asserted that employer contributions should be able to qualify as QMACs and QNECs as long as they satisfy applicable nonforfeitability and distribution requirements at the time they are allocated to participants’ accounts. The reason is that requiring satisfaction of applicable nonforfeitability and distribution requirements at the time amounts are first contributed would preclude plan sponsors with plans that permit the use of amounts in plan forfeiture accounts to offset future employer contributions under the plan from applying such amounts to fund QMACs and QNECs.Under the proposed regulations, employer contributions would qualify as QMACs or QNECs if they satisfied applicable nonforfeitability requirements at the time they are allocated to participants’ accounts, but need not meet these requirements when they are contributed to the plan.These regulations are proposed to apply to tax years beginning on or after the date of publication of the Treasury decision adopting these rules as final regulations in the Federal Register. Taxpayers, however, may rely on these proposed regulations for periods preceding the proposed applicability date. If, and to the extent, the final regulations are more restrictive than the rules in these proposed regulations, those provisions of the final regulations will be applied without retroactive effect.Comments RequestedComments and requests for a public hearing must be received by 90 days after publication in the Federal Register. Send submissions to CC:PA:LPD:PR (REG-131643-15) Room 5203, Internal Revenue Service, P.O. Box 7604, Ben Franklin Station, Washington, D.C. 20044. Submissions may be hand-delivered Monday through Friday between the hours of 8 a.m. and 4 p.m. to CC:PA:LPD:PR (REG-131643- 15), Courier’s Desk, Internal Revenue Service, 1111 Constitution Avenue N.W., Washington, D.C. 20224, or sent electronically via the Federal eRulemaking Portal at www.regulations.gov (IRS REG-131643-15).Proposed Regulations, NPRM REG-131643-15, 2017FED ¶49,736Other References:Code Sec. 401CCH Reference – 2017FED ¶18,110DCCH Reference – 2017FED ¶18,111NCCH Reference – 2017FED ¶18,121DCCH Reference – 2017FED ¶18,122NTax Research ConsultantCCH Reference – TRC RETIRE: 3,210.10CCH Reference – TRC RETIRE: 27,152.25last_img read more

Transferee Not Entitled to Dismiss His Petition Without Liability Decision (Schussel, TC)

first_imgLogin to read more tax news on CCH® AnswerConnect or CCH® Intelliconnect®.Not a subscriber? Sign up for a free trial or contact us for a representative. A transferee was not entitled to have his petition for redetermination dismissed without a decision on the amount of his liability. A taxpayer who petitions the Tax Court for redetermination of a deficiency may not withdraw his petition in order to avoid a decision. Moreover, since the parties had agreed to the transferee’s liability, they were required to file a stipulated decision reflecting that amount.Request to DismissThe transferee asked the court to dismiss his petition with prejudice when the case was called for trial. He stated that he had reached an agreement with the IRS regarding his liability. However, the IRS argued that the petition could not be dismissed with or without prejudice. Either the individual agreed to a stipulated decision or the court entered an order stating the amount of the transferee’s liability.Deficiency CaseContrary to the individual’s assertion, transferee liability cases are treated procedurally in the same manner as deficiency cases. The taxpayer’s attempt to distinguish Estate of Ming was unconvincing. The fact that the Ming taxpayers asked for their case to be dismissed without prejudice was meaningless because filing the petition vested the court with exclusive jurisdiction for the tax years covered by the petition and the limitations period had expired. Therefore, dismissal was effectively with prejudice.Liability Determination RequiredFurther, the individual’s contention that the court could not determine his transferee liability because it was not privy to his agreement with the IRS was also rejected. The IRS’s determination of the transferee’s liability was stated in the notice of liability, which was attached to his petition. Therefore, the transferee’s motion to dismiss was denied and the parties required to submit a stipulated decision.Estate of Ming, 62 TC 519, Dec. 32,686, followed.G. Schussel, 149 TC —, No. 16, Dec. 61,039last_img read more

Inside IT: Evaluating McAfee Deep Defender

first_imgThe evolution of threats to the security of the enterprise has driven innovation in how that enterprise defends itself. New tools need to be developed to meet today’s threat landscape. McAfee has introduced such a tool, Deep Defender. It’s designed to detect kernel-based attacks that other traditional software security solutions would miss. In this podcast we talk with Intel IT Security Specialist Greg Bassett and Project Manager Stephanie Mahvi as they discuss the pilot study the company conducted to evaluate McAfee Deep Defender for the enterprise.last_img read more