Several accounting firm leaders shared their thoughts about the riot in the U.S. Capitol Building in Washington, D.C.
Read More »Category Archives: Election 2020
Feed SubscriptionAccounting firm heads urge Congress to accept Electoral College results
Leaders of the Big Four CPA firms and major companies are stepping in and asking Congress to allow a smooth transition to the Biden administration as Congress prepares Wednesday for a certification of the Electoral College vote.
Read More »Barr snubs Trump’s demands, sees no counsel in Biden tax case
Attorney General William Barr said he sees no reason to appoint a special counsel to oversee an investigation of President-elect Joe Biden’s son, Hunter Biden, a statement sure to frustrate President Donald Trump and his closest advisers.
Read More »Senate runoffs complicate year-end tax planning
The outcomes of two elections in Georgia that are scheduled for Jan. 5 are expected to determine the balance of power in the Senate and may also have an impact on the kind of tax planning that accountants should be ...
Read More »The next stimulus should aim for a broad-based, inclusive recovery
Economic experts believe the current surge is not enough to stop continued losses incurred by various segments of economy.
Read More »Tax Strategy: Post-election tax planning
Biden’s win brings some clarity, but the uncertain state of the Senate leaves questions.
Read More »Stimulus and McConnell will likely inhibit Biden’s tax plan
The president-elect’s pledge to repeal President Donald Trump‘s tax cuts as soon as he is inaugurated may be stymied for the foreseeable future.
Read More »Tax uncertainty likely to continue past election
Eighty percent of the business leaders surveyed by BDO in the Americas said the focus of tax legislation changes constantly as the result of the elected party and/or it is difficult to predict.
Read More »Job and wage growth slowed at small businesses in October
Wages are set to go up in Florida after voters passed a minimum wage ballot initiative in Tuesday’s election.
Read More »FASB deals with uncertainties from pandemic and election
Having started his transition at the beginning of the pandemic, Board Chair Richard Jones now faces the uncertainty of the presidential election and what Congress might do with accounting standards.
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