GOP tax bill hands biggest benefits to top earners, study says

The final Republican tax bill would lower taxes on average across the income spectrum for the first eight years, with the largest benefits going to upper earners, according to a new analysis Monday by the Urban-Brookings Tax Policy Center.


Senate GOP appears to clinch tax bill vote with Collins support

Republican Senator Susan Collins of Maine said she’ll back the GOP tax bill—putting to rest any questions about her support.


Jersey CPAs divided on legalizing marijuana

More than 50 percent of New Jersey CPAs are in favor of legalizing recreational marijuana in the Garden State, but 47 percent are opposed, according to a new poll by the New Jersey Society of CPAs.


States could gain billions from taxing online sales

State and local governments could gain between $8 billion and $13 billion in tax revenue this year if states were given the authority to require sales tax collection from all remote sellers, such as e-commerce websites, according to a new government report.


Three looming worries for bankers in final tax reform plan

With tax reform close to the finish line, bankers are still clear winners from the compromise worked out between House and Senate negotiators. But the bill includes some caveats that might give institutions pause.


Mercadien Group holds community service carnival

The Princeton, N.J. firm hosted the local preschool class of the Milhill Child & Family Development Center.


Puerto Rico suffers from ‘hypocritical’ tax bill, officials say

The Republican tax plan will erode the foundation of Puerto Rico’s most important industry and politicians who support it will pay a price at the polls, local officials said over the weekend.


Steinhoff appoints insiders to top jobs to steer through crisis

Steinhoff International Holdings NV assembled a crisis team of insiders to try to rescue the global retailer amid a crunch meeting with bankers that may determine the company’s future.


Corker pushes for details on pass-through provision in tax bill

Senator Bob Corker wrote to Senate Finance Committee Chairman Orrin Hatch asking for an “explanation” of how a provision on pass-through businesses that would benefit real estate investors came to be included in the final version of the Republican tax bill.


Accountants can be the world’s expert navigators

Sage EVP Jennifer Warawa says technology has turned everyone into explorers – but they all need help navigating the future.