Joe Biden

Republicans will likely block Democrats’ attempts to have the Senate follow the House in boosting stimulus payments for most Americans to $2,000, even though President Donald Trump backs the bigger checks.

Concerns about rising tax rates under the incoming Biden administration are a major factor.

Attorney General William Barr said he sees no reason to appoint a special counsel to oversee an investigation of President-elect Joe Biden’s son, Hunter Biden, a statement sure to frustrate President Donald Trump and his closest advisers.

The president-elect believes efforts to use his son as a political cudgel amounted to “foul play” amid a federal investigation into Hunter Biden’s tax matters and Republican calls for a special counsel investigation into his foreign dealings.

Among other things, an evenly divided Senate represents a significant hurdle.

The most influential people in the field, as chosen by their peers.

Clients don’t want to be on the wrong side of any potential changes to tax law.

The outcomes of two elections in Georgia that are scheduled for Jan. 5 are expected to determine the balance of power in the Senate and may also have an impact on the kind of tax planning that accountants should be advising their clients to do.

Economic experts believe the current surge is not enough to stop continued losses incurred by various segments of economy.

The former Fed chair would be the first woman to head the Treasury.