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News
Business Executives Optimistic About Hiring Plans.
While still cautious about the economy, business executives continue to raise their expectations for hiring in the coming year, according to the third quarter AICPA ECONOMIC Economic Outlook Survey, which polls chief executive officers, chief financial officers, controllers and other...
U.S. CFOs, Finance Leaders See Negative Impact From Rising Interest Rates.
Survey of Chartered Global Management Accountants finds companies implementing hedging strategies, accelerating investments, forecasting lower demand in anticipation of higher rates. As interest rates begin to rise, most U.S. CFOs and senior finance leaders see negative implications for their...
American Taxpayer Relief Act Extends Bush-Era Tax Cuts
In the early hours of January 1, 2013, the Senate passed, by an 89-8 vote, the American Taxpayer Relief Act of 2012 (P.L. 112-240), which, along with many other provisions, permanently extends the so-called Bush-era tax cuts for low- and middle-income individuals. The House followed with...
IRS Changes Tax Filing Requirements for Large Corporations, Partnerships
The Internal Revenue Service said it will be making changes to the filing requirements for corporate and partnership taxpayers with assets of between $10 million and $50 million in an effort to lighten the burden. The changes pertain to the Schedule M-3 filing requirement for taxpayers...
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