Below please find daily updates pertaining to the latest in financial, business, and tax news:
Philadelphia-area officials, leaders and organizations are reacting to the conviction on Tuesday of Minneapolis police officer Derek Chauvin in the May 2020 death of George Floyd. ...Tue, Apr 20, 2021
Pittsburgh Penguins and Buccini/Pollin Group detail full package of new building plan but face potential delay in proposal to end Wylie Avenue before new office tower lot. ...Tue, Apr 20, 2021
The Milwaukee Brewers extended its multi-year sponsorship agreement with PNC Bank, which began in 2010. PNC Bank will continue as the naming rights sponsors for the club level of the newly renamed American Family Field. The club level includes both an indoor and outdoor level exclusive to club level-ticketed fans. Elements to the club level include climate-controlled bars, restaurants, merchan...Tue, Apr 20, 2021
Pennsylvania officials say the additional and enhanced subsidies for the state’s Pennie health insurance marketplace through the federal American Rescue Plan are now available. Pennie is the commonwealth’s new-this-year health insurance marketplace offering Affordable Care Act programs for anyone who qualifies in Pennsylvania and people who don’t get health insurance from their employers or th...Tue, Apr 20, 2021
Here's how PPP loans added up for some local banks during the first quarter. ...Tue, Apr 20, 2021
The acquisition will add employees in both the U.S. and Europe. ...Tue, Apr 20, 2021
In the previous Congress, the measure never got a vote in the McConnell-led Senate. ...Tue, Apr 20, 2021
Pennsylvania expects to expand the number of Covid-19 vaccine providers in the commonwealth by May or June, after some existing providers say they’ve worked through most of the demand. Last week, the commonwealth opened up eligibility for the vaccine to anyone in Pennsylvania over the age of 16 to comply with President Biden’s deadline. There have been 7.2 million doses of either the Pfizer/Bi...Tue, Apr 20, 2021
CEO Chris Gorman expects businesses to rebuild inventory in second half of 2021. ...Tue, Apr 20, 2021
A major component is methane intensity, which is how much methane escapes during natural gas production. It’s one of the favored metrics for the industry because methane leaks are not only bad for the environment, wherever they happen, but also product that leaks out can’t be sold by the energy companies. ...
The Internal Revenue Service is reminding US citizens, resident aliens, and any domestic legal entity that the deadline to file their annual Report of Foreign Bank and Financial Accounts (FBAR) is still April 15, 2021....Mon, Feb 22, 2021
The Internal Revenue Service launched tax season for individuals on February 15, 2021, highlighting the various supports available for taxpayers when preparing their returns. ...Thu, Dec 10, 2020
The OECD has released its annual Consumption Tax Trends report, which highlights that with VAT rates at an all-time high, governments should ensure they have effective VAT frameworks in place to tax e-commerce. ...Tue, Nov 17, 2020
The Government of the British Virgin Islands has announced that it will seek to boost tax collections by modernizing tax administration, not by imposing new taxes. ...Tue, Nov 17, 2020
The Government of the Cayman Islands has published legislation in its Official Gazette to introduce a regulatory regime for virtual asset service providers (VASPs). ...Tue, Oct 20, 2020
French Minister of Finance Bruno Le Maire has reportedly said that France intends to collect the country's digital services tax in December 2020. ...Tue, Oct 20, 2020
The OECD has released a new report on countries' tax rules for virtual currencies, alongside an announcement that the Common Reporting Standard will be expanded next year to newly cover virtual currency assets. ...Tue, Sep 22, 2020
Cyprus has announced that a deal for the exchange of country-by-country reports between the territory and the US is expected to become effective and cover reporting years starting on or after January 1, 2020....Mon, Aug 31, 2020
German Finance Minister Olaf Scholz is optimistic that an international agreement on taxing the digital economy will be reached this year. ...Mon, Aug 31, 2020
The UK Government has dismissed speculation that it will repeal its digital services tax in a bid to secure a post-Brexit free trade agreement with the United States. ...
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*Insurance services offered through 1st Global Insurance Services, Inc.
*Mark R. Exler, CPA, PFS is licensed to offer securities in the states of Arizona, California, Connecticut, District of Columbia, Florida, Georgia, Illinois, Iowa, Maine, Maryland, Massachusetts, Michigan, Mississippi, Nevada, New Jersey, New York, Ohio, Pennsylvania, Virginia and Washington
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