SCIENCE — Physical Science Have You Ever Wondered... What is a sinkhole? How do sinkholes form? Where is the largest sinkhole in the world? Today's Wonder of the Day was inspired by Susan. Susan Wonders, " How do sinkholes form? " Thanks for WONDERing with us, Susan! Every once in a while, you'll see a news story about a sinkhole that suddenly opens up and causes quite a stir. Although it may seem like these are rare oddities, sinkholes are actually quite common all over the world. Sinkholes go by many names around the world, including sinks, shake holes, swallow holes, swallets, dolines, and cenotes. Although they may be called by different names, they have similar causes. Sinkholes are depressions or holes in the Earth's surface caused by natural karst processes. Karst processes occur when water and chemicals dissolve carbonate rocks, such as limestone, to form sinkholes and caves. For example, one common scenario involves the gradual erosion of bedrock by ground water that percolates down through cracks in the bedrock.
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If you qualify, a certified tax professional can help you negotiate an OIC. What are the consequences of debt forgiveness? The consequences of entering a debt forgiveness program depend on the type of program, but typically any forgiveness program lowers your credit score until your initial debt is paid off. Debt settlements especially impact your credit score negatively since they stay on your credit report for up to seven years. In addition to paying a portion of your debt, you have to pay your debt settlement company for negotiating your settlement. Sometimes companies can't reach an agreement with your creditors, so you're stuck with the full bill and their fees. Your forgiven debt may also be considered taxable income by the IRS. After a debt is canceled, forgiven or settled, your credit should send you a form 1099-C Cancellation of Debt document showing your total canceled debt. The IRS requires you to report this canceled debt amount on your tax return using Form 1040 and treats it as taxable income.
Altogether, US companies made up just under half of the firms in the prestigious ranking. Further, American restaurant chain McDonald's was inducted into Gartner's 'Masters' category, which recognizes a firm's supply chain excellence over the past decade. McDonald's joins fellow US companies Apple, Amazon, and Procter & Gamble in the gilded and, as yet, wholly American grouping. The category was put together in 2015 because the aforementioned firms were consistently the top ranking firms in the analysis; as such, they were simply graduated to a different tier of god-like supply chain mastery. "The key to McDonald's success is skillful orchestration across a network of strategic suppliers, service providers and thousands of companies and franchise-owned stores worldwide, " commented Aronow. "The company is also experimenting with digital supply chain capabilities like augmented reality to manage storerooms, so staff can spend more time with the customer. " Aronow notes that the top firms are investing in the digitization of their supply chains, enhancing, for example, processes like order-to-cash with robotic process automation (RPA).
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