Day: May 21, 2025

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.

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