News
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November 30, 2017
Consumer spending rose solid 0.3 percent in October
The 0.3 percent rise in consumer spending came despite the fact that spending on durable goods such as autos actually fell 0.1 percent last month.
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November 30, 2017
Conservatives slam GOP proposal to automatically raise taxes
Tucking a potential tax increase into the tax cut bill isn’t sitting well with conservatives.
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November 29, 2017
FASB simplifying leases standard implementation
The proposed ASU also would add a practical expedient that would permit lessors not to separate nonlease components from the related lease components if certain conditions are met.
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November 22, 2017
Real Estate Agents Mobilize to Shield Homeowners on Tax Plan
Both provisions could raise the cost of owning a home, making homeownership less attractive for at least some families — and perhaps depressing property values.
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November 21, 2017
Attestation guidance for third-party due-diligence services for asset-backed securities
The guidance supersedes attestation interpretation No. 1...
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November 15, 2017
Senate Finance Committee modifies tax reform proposal
Individual changes that are indexed for inflation would not sunset; nor would changes affecting businesses.
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November 10, 2017
Tax reform: What CPAs need to know about the latest developments
Podcast interview with expert Tony Nitti, CPA, a tax partner with WithumSmith+Brown and an editorial board member of The Tax Adviser.
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November 7, 2017
House bill features many business tax changes
The Ways & Means Committee's Republican tax staff summarized the change as intended to increase American companies' growth prospects and competitiveness in a global economy...