April 21 - New SPAC scrutiny demands solid forecasts | Many IRS corporate audits end in no change
New SPAC scrutiny demands solid forecasts; Rising number of IRS corporate audits end in 'no change': tax expert; SPAC warrants as liability called an expensive change; As travel resumes, Expedia CFO prioritizes marketing spend
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Greg Smith has been with the aerospace company for more than 30 years and briefly served as interim CEO before David Calhoun took the reins in January 2020.
Companies have outgunned IRS auditors with high-paid accountants and attorneys, pushing up the number of audits that result in no change to tax filings, tax experts say.
Companies will have to recalculate valuations for every quarter leading up to and after the combination agreement using a complex analytical method, a specialist says.
After cutting costs and initiating three rounds of layoffs in 2020, Eric Hart, who leads strategy and finance for the online travel site, said brand and performance marketing spending will be a priority going forward.
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