Gainful Employment Recision

Regulation The Secretary proposes to rescind the gainful employment (GE) regulations (removal entirety of Subpart Q).  The gainful employment program requires the Secretary to collect information from institutions, to create a report for prospective, and current students about previous students debt and earnings after graduation.  The measure and information has the intent to inform students … Continue reading Gainful Employment Recision

Qualified Business Income Deduction

Regulation The Internal Revenue Service is proposing amendments to section 199A.  This section provides a deduction up to 20 percent of business income from a business or trade in a domestic United States market.  Proposed regulations seeks to provide anti-avoidance, computational, and definitive guidance towards the application of a qualified business income deduction.  The proposed … Continue reading Qualified Business Income Deduction

Entrepreneurship Versus The Organizational Climb

Organizational Climb There are two paths to success in business.  The first path towards success in business is being part of an organization, where responsibility and wealth is divided many times and shared among members of the organization.  Organizations are known for creating specialized skills with each member to excel at a specific operation, while … Continue reading Entrepreneurship Versus The Organizational Climb