AT Think

With congressional Republicans firmly opposed to considering any tax increases to help close the federal budget deficit, the high-stakes negotiations over raising the debt ceiling by August 2 seem to be gradually coalescing around a contingency plan offered by Senate Minority Leader Mitch McConnell, R-Ken.

KPMG announced that it achieved a 22 percent carbon reduction over three years from its 2007 baseline target, reduced paper consumption by 33 percent and emissions from electricity by 16 percent.

Seemingly every media outlet, especially in New York, seems to be speculating this week about how much tax money a lucky Yankees fan will have to owe the IRS after he caught and returned the historic home run ball hit by Derek Jeter last Saturday.

One of the most powerful natural laws on the side of any business owner or leader is the 80/20 rule.

The New York State Society of CPAs’ Foundation of Accounting Education and Pace University recently toasted to the 25th anniversary of the Career Opportunities in the Accounting Profession (COAP) program.

Nevin Nussbaum, partner in the accounting and audit department of regional Ohio CPA firm Cohen & Company, will receive one of the fifth annual “30 for the Future” awards from the Greater Akron Chamber.

While the main buzz at the Sage Summit partner and user conference in Washington has been the re-branding of its entire product line, Sage North America chief executive Pascal Houillon also realizes they need to work on reaching out to the CPA community to create more products and services for them.

The IRS’s abrupt about-face on examining donors to 501(c)(4) political organizations about their gift tax liability seems to have brought the initiative to an end for now.

Do you remember where you were when you passed the CPA exam? I do, and if I had to guess, you do too.

Donna Cunningham, the chief administrative officer at Midwest tax and business advisory firm Stone Carlie & Company, was named Woman of the Year for 2011-12 by the National Association of Professional Women.