BMT Office Administration
DECEMBER 8, 2023
We’ve covered the taxability of gift cards before, and the law hasn’t changed—with three exceptions, the face value of gift cards is always taxable because they’re cash equivalents: Gift cards aren’t taxable if they’re restricted to a specific item of personal property, which is minimal in value, provided infrequently and administratively impractical to account for.
Success
DECEMBER 8, 2023
Once upon a time, Danny Taing sat in his living room, stuffing subscription boxes with his mom. If a drone flew over that room in 2015, you’d see bags of snacks scattered across tables and tumbling from three giant suitcases he brought back from Japan. You’d see simply designed postcards tucked inside each box alongside handwritten notes, which Taing meticulously wrote to thank the 20 subscribers he had.
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Allwork
DECEMBER 8, 2023
Prominent landlords including Boston Properties, Brookfield Properties, and Starwood Capital have raised objections to the financing plans proposed by WeWork’s majority owner, SoftBank Group, amid the company’s Chapter 11 bankruptcy restructuring. According to a report published by BISNOW , attorneys representing various landlords of over 50 WeWork locations filed objections on Thursday, asking the judge to reject WeWork’s motion for debtor-in-possession (DIP) financing.
Allwork
DECEMBER 8, 2023
Nationwide, the U.K.’s largest building society, has recently made headlines with an update to their flexible work environment. According to a recent report published by The Guardian, the company’s change will require 13,000 staff members to spend at least two days a week at the office. The company’s announcement marks a dramatic departure from the “work anywhere” ethos it reportedly adopted during the COVID-19 pandemic.
Speaker: Tim Buteyn, President of ThinkingKap Learning Solutions
💢 Do you find yourself stuck in never-ending review cycles? Are you wondering if your Subject Matter Expert actually got that last review request? Are you having trouble trying to decipher impractical or conflicting feedback? 💢 If any of these scenarios sounds familiar, you may benefit from a crash course on managing SME relationships!
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Allwork
DECEMBER 8, 2023
Spotify’s Chief Financial Officer (CFO) Paul Vogel will leave his leadership post at the company in March 2024. The announcement of Vogel’s exit comes days after the decision to lay off 17% of its workforce, or nearly 1,500 jobs, according to a report published by Variety. Vogel’s departure is part of a broader reorganization within Spotify, focusing on cost-cutting and downscaling operations.
Allwork
DECEMBER 8, 2023
There has been a recent leadership shakeup at The Arena Group, publisher of Sports Illustrated, following an AI-related controversy — though the company claims the two events are unrelated. According to a recent article published by Futurism , the media company fired two senior executives, COO Andrew Kraft and President Rob Barrett, amidst a broader reorganization plan by majority owner Manoj Bhargava.
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