A plan to repeal portions of the Affordable Care Act has failed in the Senate in a 49-51 vote. The "skinny repeal" bill called for several changes, including repealing a mandate that people get insurance or pay a penalty.
Tax practitioners should be aware that foreign corporations' tax returns might have different due dates, depending on whether the corporation has an office or a place of business in the US. This article looks at both of those situations and how to get extensions of time to file.
The Trump administration and Republican congressional leaders have issued a joint statement outlining principles to guide tax reform. The statement abandons a proposal for a border adjustment tax.
Some firms have been pleased with their outcomes after implementing unlimited paid-time-off policies. In this podcast, partner Teryn Grater of ATKG in San Antonio discusses why the CPA firm implemented unlimited vacation -- and how it's working.
Bradley also becomes executive vice president.
A Bronze Age lunchbox discovered in the Swiss Alps reveals ancient people had access to human-cultivated cereal grains. Wheat, found in the box, was domesticated 10,000 years ago in the Fertile Crescent, letting humans transition from the hunter-gatherer lifestyle.
"It is difficult and daunting to think futuristically, especially for internal auditors," writes IIA President and CEO Richard Chambers. "It's a risky proposition, and professionals whose work centers on risk and risk management are by nature reluctant to predict what may happen." Internal auditors must think futuristically if they are to elevate the profession to be universally recognized as indispensable, Chambers writes.
The financial standing of the average American reached the highest level in more than 10 years in the second quarter, according to the AICPA's Personal Financial Satisfaction Index. Decreased inflation and a strong stock market are the factors most responsible for the PFSi's growth during the past year.
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