DAILY BRIEFING

By Michael Cohn       4 min read

U.S. oil and gas companies, along with their investors, may not be doing enough to reflect the impacts of the climate crisis in their financial reports.  View story →

By Steven T. Dennis       5 min read

The president’s plan for trillions in proposed spending and tax increases is likely to take at least until September to clear. View story →

By Jordan Fabian and Erik Wasson       3 min read

The White House reiterated its opposition to indexing the gasoline tax to inflation to help pay for an infrastructure plan. View story →

By Michael Cohn       2 min read

The service has posted new procedures to explain how a change in tax law last year potentially affects the depreciation of residential rental property.  View story →

By Michael Cohn       4 min read

The Biden administration’s proposal to impose a global minimum tax on corporations has been provoking opposition in Congress, with Republicans advocating user fees instead to pay for infrastructure improvements. Read story →

By Michael Cohn       4 min read

The Securities and Exchange Commission is reportedly probing William Duhnke, the recently fired chair of the Public Company Accounting Oversight Board. Read story →

Indiana CPA Society names new CEO; Topel Forman hires COO; and more CPA news.  Read story →

By Sean McCabe       1 min read

Forty-one members of the New Jersey Society of CPAs were highlighted for their "significant contributions in advancing the accounting profession." Read story →

By Kyle Walters       5 min read

Everyone loves to talk about big goals. Let’s talk about how to actually get them done. Read story →