Senate Finance Committee Build Back Better language largely leaves House Bill unchanged. SALT language omitted as well as billionaires' tax.
Nearly two years into the pandemic, there are signs that the worst of a once-in-a-century shock to the global economy is beginning to fade.
Employers need to react quickly to the new guidance to pay in amounts as if they were incurred on Dec. 31, 2021.
The keystone of a family office governance framework is a constitution that provides guidance during transitions and times of conflict
IRS releases Rev. Procs. 2021-48, 2021-49 and 2021-50 to address the treatment of tax-exempt income for PPP loans.
The IRS issued Notice 2021-63, clarifying previous guidance pertaining to the deductibility of food and beverages provided by a restaurant.
Bipartisan infrastructure bill passes House with bipartisan vote. President Biden expected to sign by end of next week.
The IRS has released its annual cost-of-living adjustments for retirement plan limits, effective Jan. 1, 2022.
Widespread labor shortages are hampering companies’ ability to capitalize on an expanding economy as the country recovers from a pandemic.
The shock to the economy unleashed by the pandemic and the response by workers have radically transformed the wage-earning landscape.
After intense negotiations, some provisions were eliminated while others were rewritten in an effort to appease all Democratic members.
The FASB tentatively decided to allow lessees that are not PBEs to make the risk-free rate election by class of underlying asset.
ASU 2021-05 addresses the accounting for a lease with variable lease payments that do not depend on a reference index or a rate.
While ASC 842 will affect leasing activities, technology solutions can help ease the burden that the new standard brings.
GASB 87 requirements can challenge government entities. Here are three steps to adopting and implementing the new leasing standard.