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Some House lawmakers raised doubts about the terms of the deal and whether differences could be resolved in the next few days.
October 26
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The Senate Republican leader ridiculed a tax plan targeting the unrealized capital gains of the ultra wealthy as a “harebrained scheme.”
October 26
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President Biden will likely be unable to keep one of his key campaign promises because of unyielding resistance among even some in his own party to raise taxes.
October 26
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KPMG U.S. chair and CEO Paul Knopp outlined a wide range of upgrades to employee benefits in a LinkedIn post.
October 25
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The majority of private companies have yet to implement the new lease accounting standard entirely, even though the effective date is fast approaching.
October 25
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The accounting standards update would help nonpublic companies that provide equity-classified share-based awards to executives.
October 25
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The state society will award multiple $1,500 scholarships to diverse, college-bound accounting students.
October 25
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Hikes in the top tax rates are off the table, although a “billionaire’s tax” on unrealized capital gains is under discussion.
October 25
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There is increased momentum for an income tax on $1 billion or more in annual income, or three consecutive years of $100 million or more in income.
October 25
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The Top 100 Firm highlighted nonprofits across Arizona, Colorado, Minnesota, Nevada and North Dakota for their creativity and “sustainable revenue ideas.”
October 22
