Tax deal reached to save $12 billion clean energy finance source

Congressional leaders have reached a deal preserving a $12 billion source of financing for U.S. wind and solar developers.


10 new things in tech: Gmail gets more secure

Google makes its e-mail the most secure on the planet, LinkedIn aims to make business chat snappier, a new digital bank for small businesses, and other new technology developments for you and your clients.


NABA expands ACAP program with AICPA Foundation

The National Association of Black Accountants’ new partnership will grow its high school “Awareness” program.


Key changes you need to know about the GOP tax-overhaul bill

Here are key changes to U.S. tax law for individuals and businesses that have emerged from the final Republican bill that’s headed for votes in the House and Senate next week.


Eagle View launches site with tax resources

The e-filing service provider has posted a range of useful information for tax pros online.


Billionaire Wiese’s hold on Steinhoff weakens amid accounting scandal

Christo Wiese’s grip on his global furniture retailing empire is slipping after the South African billionaire resigned from the board of troubled Steinhoff International Holdings NV and creditors forced a sale of part of his stake.


Congress's tax bill keeps subsidies for private activity bonds

The final version of the tax bill struck by Congressional negotiators would continue to subsidize municipal bonds that help businesses to finance infrastructure projects such as airports and toll roads, dropping one provision that threatened to cut sales of tax-exempt debt by tens of billions of dollars starting next year.


D-Day hits for revenue recognition standard, and companies are scrambling

Two years ago, the Financial Accounting Standards Board decided to defer the effective date of the revenue recognition standard for a year until Dec. 15, 2017 for public companies to give them more time to adjust to the new standard and to work out some kinks in the far-reaching rules. The deferred effective date arrived Friday, and many companies still aren’t ready.


GOP tax plan's top rate of 37% said to hit earners at $600,000

Last-minute changes to the Republican tax bill contain an unpleasant surprise for married couples who make between $600,000 and $1 million: They won’t be getting as big a tax cut as lawmakers planned earlier.


Firms on the move: LBMC celebrates the season by ‘Lending Hands’

FASB appoints five to nonprofit advisory committee; Chunowitz, Teitelbaum & Mandel changes name and logo; and more news from CPA offices across the country.