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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Pittsburgh Business Times

Women of Influence: Meet Kathy W. Humphrey, Carlow University

Sat, May 21, 2022

Kathy Humphrey is president of Carlow University. ...

Local stocks follow market down since Ukraine invasion

Fri, May 20, 2022

Take a look at the 2022 stock performance for Pittsburgh companies. ...

Personalities of Pittsburgh: John Ciccolella, a familiar face at a familiar bank

Fri, May 20, 2022

A veteran business banker at large financial institutions, John Ciccolella enjoys the variety of experiences and the people he works with as BofA's Pittsburgh president. ...

Women of Influence: Meet Amy Hart, Center for Hearing & Deaf Services Inc.

Fri, May 20, 2022

Amy Hart is president and CEO, Center for Hearing & Deaf Services Inc. ...

Letter to the Editor: Inclusionary Zoning can coexist with profitable development

Fri, May 20, 2022

"The private market is failing to produce the housing that Pittsburgh’s working families and historically marginalized residents need." ...

Mitchell's Viewpoint: What's so cool about manufacturing?

Fri, May 20, 2022

Overall, manufacturing in the Greater Pittsburgh region consists of almost 3,000 manufacturing establishments employing over 88,000 people. ...

Penn State Greater Allegheny chancellor departing for new job

Fri, May 20, 2022

Jacqueline Edmondson, chancellor and chief academic officer at Penn State Greater Allegheny, is leaving to become president of the University of Southern Maine. She will begin her tenure there on July 1. Penn State said details about the leadership transition will be “shared soon.” Edmondson has served as chancellor since 2017, responsible for 14 two- and four-year degree programs, approxima...

Passenger traffic at Pittsburgh International Airport reaches 87% of prepandemic levels

Fri, May 20, 2022

Passenger levels seen at Pittsburgh International Airport continue to climb back toward levels that haven't been seen since the pandemic's onset in March 2020. A million more people have flown out of PIT year-to-date this year than last year. ...

Stagioni to close on the South Side after 12-year run

Fri, May 20, 2022

Owners announce plan to close with an emotional post on Instagram, expressing gratitude for customer support that resulted in a 12-year run on the South Side. ...

Pittsburgh International Airport looks to broaden on-site natural gas use with CNX partnership

Fri, May 20, 2022

A new phase of an already-existing partnership between Pittsburgh International Airport and CNX Resources Corp. will vie to reduce carbon emissions and lower transportation costs by converting the airport's on-site natural gas into alternative fuels. ...

US Tax News

Tax-News.com: EU To Table A Digital Tax Proposal In October

Wed, Sep 15, 2021

The European Commission has committed to tabling a proposal for a digital tax in October, whether or not an international agreement surfaces from OECD-led talks on new international tax rules for the world's largest firms....

Tax-News.com: Hong Kong Discusses US Termination Of Shipping Tax Pact

Wed, Aug 25, 2021

The Hong Kong Government has said it is looking at potential measures to support the shipping industry following the decision by the US Government to terminate the two territories' agreement that exempted shipping industry income from tax....

Tax-News.com: US Lawmakers Approve New Cryptoassets Reporting Rules

Wed, Aug 25, 2021

The US Senate has approved the inclusion of new provisions in the bipartisan infrastructure bill to require intermediaries involved in cryptocurrency trading to report details about transactions. ...

Tax-News.com: Wyden Takes Aim At US Pass-Through Income Tax Break

Fri, Aug 06, 2021

Senate Finance Committee Chair Ron Wyden (D-OR) has introduced legislation to overhaul the 20 percent deduction for pass-through income introduced into US tax law in 2017. ...

Tax-News.com: US IRS Flags Deadline For Q2 Estimated Tax Payments

Wed, Jun 09, 2021

The US Internal Revenue Service has issued a reminder to taxpayers who pay estimated taxes that they have until June 15 to pay their estimated tax payment for the second quarter of tax year 2021 without incurring a penalty....

Tax-News.com: Countries Discuss Post-Pandemic Tax Agenda At UN Council Meeting

Wed, May 12, 2021

Experts speaking at the UN's Economic and Social Council's annual Special Meeting on International Cooperation in Tax Matters concluded that the international community must do more to tackle tax base erosion and profit shifting and offshore tax evasion....

Tax-News.com: US IRS Reminds Of FBAR Filing Obligation

Thu, Apr 15, 2021

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....

Tax-News.com: US Tax Season Begins

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. ...

Tax-News.com: Digital VAT Regimes Vital To Buoy Countries' Tax Takes: Report

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. ...

Tax-News.com: BVI Rules Out New Taxes In 2021 Budget

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. ...