Government News
The latest news about legislation and proposals from Congress and the White House, including tax reform and financial reform, along with coverage of hearings in the Senate and the House of Representatives, and news from agencies like the SEC.
Senate Considers Tax Reform for Indian Tribes and U.S. Territories
The Senate Finance Committee held a hearing Tuesday to examine the impact of tax reform on Native American tribes and U.S. territories such as Puerto Rico, the U.S. Virgin Islands, Guam, American Samoa and the Northern Mariana Islands. Read more »
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GASB Releases School District Finance Guide
May 16, 2012The standard-setter publishes a new user guide to help taxpayers understand the financial... Read more »
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House Approves Mobile Workforce Tax Relief Bill
May 15, 2012The House passed bipartisan legislation Tuesday to bring tax relief to workers employed in more... Read more »
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AICPA Presses for Passage of Mobile Workforce Bill
May 14, 2012The American Institute of CPAs is urging the House to pass legislation this week to establish a... Read more »
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IRS Consults with Tribal Leaders on Welfare Exclusion
May 14, 2012The Treasury Department and the Internal Revenue Service said Monday they plan to hold a... Read more »
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Congress Probes IRS FATCA Interest Regulations
May 11, 2012The chairman of an influential congressional subcommittee is demanding information from the... Read more »
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AICPA Asks Congress to Provide Full Deduction for Administering Estates and Trusts
May 10, 2012The American Institute of CPAs has written a letter to the leaders of the House Ways and Means... Read more »
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Legislation Would Cut Taxes for Companies that Move Jobs to U.S.
May 9, 2012A pair of Democratic lawmakers have introduced a bill aimed at reducing taxes for businesses that... Read more »
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Congress Introduces Bill to Increase Tax Preparer Penalties
May 8, 2012A bipartisan group of lawmakers have introduced legislation that would increase the penalties on... Read more »
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IRS and Social Security Urged to Curb Tax Fraud and Identity Theft
May 8, 2012The Internal Revenue Service and the Social Security Administration were urged during a... Read more »
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Sunset of Tax Benefits Leaves Uncertainty
May 7, 2012Uncertainty lingers over whether Congress will extend all or some of the tax cuts and incentives... Read more »
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Patching the Alternative Minimum Tax
May 7, 2012James Bailey, a partner at BlumShapiro in Rockland, Mass., discusses the need to keep the... Read more »
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GSA Asked for Tax Break ‘Kickback’
May 4, 2012The General Services Administration is now coming under scrutiny for offering government... Read more »
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Ernst & Young and Audit Clients Cut Lobbying Ties
May 4, 2012Ernst & Young's lobbying unit is no longer listed as a lobbyist for three major U.S. companies,... Read more »
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Employers Added 115,000 Jobs in April
May 4, 2012A disappointing total of 115,000 jobs were added to nonfarm payrolls in April, decreasing the... Read more »
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What's New at Grant Thornton
May 14, 2012
CEO Stephen Chipman talks about his firm's new brand focus on growth, and its recent M&A activity.
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Top 10 Payroll Mistakes Companies Make
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Keeping your clients from running afoul of IRS rules around payroll taxes will help them avoid stiff penalties.
Favorite Busy Season Activities
April 10, 2012
LinkedIn Accounting members share the best methods to bust stress and boost morale.
The Best Places to Be an Accountant 2012
March 27, 2012
From our 2012 Regional Leaders list, we rank the best parts of the country to operate an accounting firm.
More Wacky Tax Deductions
March 26, 2012
LinkedIn members point out some weird tax deductions their clients have suggested.
