Kamala Harris calls for full repeal of Trump’s 2017 tax law

The senator said she’d seek to repeal all of the tax overhaul, including its breaks for wealthy earners, corporations and the middle class.


Mnuchin rejects House Democrats’ Demand for Trump’s tax returns

Treasury Secretary Steven Mnuchin refused to release President Donald Trump’s personal and business tax returns, setting up what could become one of the biggest legal showdowns between the president and a Congress seeking to investigate him.


Providing guidance to obtain financing for the self-employed

There’s a strategy that’s been useful to help many clients achieve their financial objectives, while providing the tangible security required by the lender.


University of South Carolina wins 2019 'Audit Innovation' competition

A student team representing the University of South Carolina won Deloitte’s fourth annual competition on audit innovation.


States sue to learn why Trump changed IRS donor-reporting rules

New York and New Jersey have sued to find out why President Donald Trump’s administration scrapped an Internal Revenue Service rule requiring some tax-exempt organizations to disclose their donors.


Eide Bailly joins two blockchain industry associations

The Top 100 firm is now a member of the Wall Street Blockchain Alliance and the Accounting Blockchain Coalition.


SEC proposes to overhaul disclosures on business acquisitions and dispositions

The Securities and Exchange Commission has voted to propose a set of amendments to its rules governing the kind of information provided to investors.


Congress proposes fix to kiddie tax glitch facing Gold Star families

A bipartisan group of lawmakers has introduced legislation to offer tax relief to children who have lost a parent serving in the military after recent reports that “Gold Star” families are facing unexpectedly heavy tax bills because of the implications of a provision in the Tax Cuts and Jobs Act.


McGuire Sponsel merges in Ernst & Morris

The tax and consulting firm has added a firm that specializes in cost segregation studies.


GASB offers guidance on implementing standards

The Governmental Accounting Standards Board has released guidance in the form of questions and answers to help state and local governments apply its standards.