James Kroeker reappointed as FASB vice chair, as new board member is named

The Financial Accounting Foundation has reappointed James L. Kroeker to a second term as vice chairman of the Financial Accounting Standards Board and appointed Gary R. Buesser, a portfolio manager and financial analyst, as a new FASB member, starting July 1, 2018.


Companies implement technology to tackle revenue recognition and leasing standards

Many businesses are still getting ready for the new revenue recognition and leasing standards, and in some cases that involves changing their technology and processes.


Eide Bailly announces 2017 'Resourcefullness Award' winners

The Top 100 firm provided $60K to nonprofits across four states for innovative charitable efforts.


Senate Republicans toss potential Obamacare bomb into tax bill

Senate Republicans have tossed a potential bomb in the middle of their tax overhaul bill.


KSDT sponsors NASCAR racers at Ford EcoBoost 300

South Florida firm Kabat, Schertzer, De La Torre, Taraboulos and Co. will be featured on multiple cars at the Nov. 18 event.


Apple holds on to tax billions as Irish set to miss deadline

Ireland is set to miss a deadline to hire managers for Apple Inc.’s tax billions during an appeal of a European Union antitrust ruling, the latest delay in a saga that has dragged on for more than a year.


GOP tax plan puts lawmakers in bind over Medicare spending cuts

Senate Republicans may face a political problem in the final push for their tax-cut plan, and they might need Democrats to help fix it.


Mnuchin sells tax cut coast-to-coast as public doubts mount

Treasury Secretary Steven Mnuchin is mounting a cross-country roadshow to persuade businesses and the Republican faithful to put their weight behind a proposed tax overhaul from the Trump administration that so far lacks broad public support.


Trump is confident House has votes for tax plan, official says

President Donald Trump is confident that House Republican leaders have the votes to pass their version of a tax overhaul, and he’ll thank members of the GOP conference and field their questions on a visit to the Capitol this morning, a senior administration official said.


Ryan says tax bill’s temporary breaks to continue, ignoring cost

House Speaker Paul Ryan said temporary provisions in the GOP tax bill won’t really go away in a few years—he predicted that future Congresses will preserve them, and he didn’t mention the impact that would have on the federal deficit.