AICPA recommends technical corrections in new tax law

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AICPA recommends technical corrections in new tax law

The American Institute of CPAs sent the leaders of Congress's tax committees a set of technical corrections to the new tax law Thursday. AICPA building in Durham, N.C.. Photo: AICPA. The recommendations include clarifying the effective date for net operating losses for fiscal year tax filers, clarifying the
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FBI Vows to Regain Trust After Missing Warning on Florida Shooter

The FBI is “doing everything” it can to secure the trust of Americans despite withering attacks on its capabilities and its failure to act on warnings before last week's deadly school shooting in Florida, the bureau's acting deputy director said. “I find the No. 1 risk for our organization is losing the faith and
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Barclays Isn't Back To Normal Yet

Barclays Plc CEO Jes Staley reckons he will keep his side of the bargain he struck with shareholders back in 2016. Back then, he cut the dividend to give him more space to speed up his overhaul of the bank. A bet on that effort paying off still needs a fair amount of faith. On Thursday, Barclays reported a
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Baldwin CPAs merges in Buchenberger, Eggers and Spurr

Baldwin CPAs PLLC has merged in Buchenberger, Eggers and Spurr LLC, a firm located in Louisville, Ky., effective Jan. 1, 2018. Financial terms were not disclosed. Baldwin's annual revenues are $7.5 million, while Buchenberger, Eggers and Spurr's revenues are $200,000. The merger will add two
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Amazon Plans to Open Six More Cashierless Stores, Recode Says

Amazon.com Inc. plans to open as many as six more cashierless stores this year, according to a report. The e-commerce giant is considering locations in Los Angeles and hometown Seattle, where the first Amazon Go store opened last month, Recode reported Thursday, citing people familiar with the
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