The upcoming rules may affect one tactic that some wealthy taxpayers have been using to get around the cap on deducting local property taxes. READ MORE »
KPMG is partnering with analytics provider SAS on helping banks make the transition to the current expected credit loss, or CECL, accounting standard that begins to take effect in January 2020. READ MORE »
The Sustainability Accounting Standards Board held its first board meeting under its new leadership this week to discuss progress on its provisional standards, with an eye to releasing them in the fall. READ MORE »