Commercial banking

Cheating on your taxes is bad, m'kay?

Accountants are helping worried companies deal with the possible fallout from drastic tariff and tax changes.

President Trump said his massive tax package is close to being finalized, but the White House has yet to win over a faction who want more spending cuts.

The Public Company Accounting Oversight Board released a publication to help smaller firms as it comes under threat of being absorbed into the Securities and Exchange Commission.

This year's uncertainty in Washington is resulting in an unclear tax landscape, especially with deductions from real estate holdings and capital expenditures.

Benjamin Littell is a director at Stout. He has over 15 years of experience providing cost segregation, capitalization, and construction administration services to both public and private sector clients. Prior to joining Stout, he spent 10 years working in capitalization and cost segregation at Ernst & Young LLP and eight years working as an architect at Francis Cauffman Architects.

The revised version of President Donald Trump's economic package would move up work requirements to December 2026 from 2029.