Smith School Professor Chimes in On Recent Tax Court Ruling
According to the Wall Street Journal, a recent tax court overruling of the Internal Revenue Service (IRS) marks “a big win for all MBA students”, in a decision that “should embolden more students enrolled in MBA programs across the country to deduct their tuition — especially if they are getting an executive MBA.” But Samuel Handwerger, an accounting professor at the University of Maryland’s Robert H. Smith School of Business, doesn’t necessarily agree with the Journal’s sentiment. Continue reading…
DePaul MBA Capstone Discussed Inversions
A recent Wall Street Journal article informed the world of the IRS’ new tax rules that crackdown on companies practicing inversion— a tactic corporations employ to use their international residency to avoid paying U.S. taxes. Ronald Graziano, DePaul MBA ’06 and global accounting specialist for Credit Suisse Securities, discussed the possibility of the IRS changing the rules on inversions during an MBA capstone class at the Kellstadt Graduate School of Business.
Lerner College of Business Announces Winners of Startup Business Funding Competition
The University of Delaware’s Lerner College of Business announced the winners of the annual Hen Hatch, the school’s premier business startup funding competition. After competing since early March by pitching entrepreneurial ideas to a panel of expert judges in order to receive recognition and funding, three teams in two tracks emerged as the winners of this year’s competition.
Teams were made up of students, alumni, faculty and staff, and pitches were evaluated by a panel of expert judges, including Neil Book, president and CEO, Jet Support Services; Brian Harvell, vice president, Product Engineering, SevOne; Jennie Horn, founder and chief creative officer, Second Base; John Petterson, senior vice president, Operations, Tiffany & Co.; Mike Phelan, venture partner, Osage Venture Partners; and Mark Parsells, executive chairmain and CEO, GDR Acquisitions Company. Continue reading…