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President Barack Obama proposed a series of actions to deal with economic issues ranging from the minimum wage to tax reform and student loan debt during his State of the Union address on Tuesday evening.

PricewaterhouseCoopers is anticipating that Super Bowl XLVIII will generate over $210 million in direct spending in the New York and New Jersey area, though the revenue generated by the Super Bowl and other pro football activities is leading some to question the NFL’s nonprofit, tax-exempt status.

One time, one of my clients had a very large equipment term loan from a bank and was in danger of being put out of business because the company had blown an essential loan covenant.

The Internal Revenue Service has issued new rules providing an automatic extension of time for certain estates without a filing requirement to elect portability of the decedent’s unused exclusion amount for the benefit of the decedent’s surviving spouse.

Zoho has refreshed its Zoho Books online accounting software for small businesses, with a new user interface and more than 100 new features, along with new mobile apps for Apple iOS, Google Android and Microsoft Windows devices.

Thirty employees of Irvine, Calif.-based accounting firm White Nelson Diehl Evans participated in an event Jan. 17 supporting Santa Ana-based nonprofit Women Helping Women/Men2Work.

The Ending Subsidies for Yachts Act, barring the tax deduction for new mortgages on boats, is pushed by two Democrats in the Republican-led House, Representatives Mike Quigley of Illinois and Tim Walz of Minnesota.

Goldstein Schechter Koch has merged with De Meo, Young, McGrath & Co. The deal closed on Jan. 1, 2014.

The Financial Accounting Foundation said Tuesday that it will contribute up to $3 million to the International Financial Reporting Standards Foundation to help complete some of their joint accounting standards convergence projects.

The Internal Revenue Service has posted a final version of the form for computing the 3.8 percent Net Investment Income Tax that was mandated as part of the Affordable Care Act.