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Daily News

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

Pittsburgh Business Times

RustBuilt kicks off inaugural conference hosting and engaging with Pittsburgh startups at East Liberty event

Fri, Sep 17, 2021

The event logged over 300 registrants, with some traveling as far as Miami and Austin, Texas, and others who came from New York and Milluawakee, Wisconsin. ...

Pittsburgh-based biotech firm names European leader

Fri, Sep 17, 2021

Laurent Goux as the general manager of Europe for Krystal Biotech Inc. ...

Here's what you need to know if you're headed to the Steelers' home opener against the Las Vegas Raiders Sunday

Fri, Sep 17, 2021

If you’re planning on heading to Heinz Field this Sunday to see the Pittsburgh Steelers take on the Las Vegas Raiders, here’s everything you need to know before heading out the door, courtesy of WPXI. Kickoff Kickoff is scheduled for 1 p.m. The gates at Heinz Field open two hours prior to kickoff, meaning you’ll be able to get into the stadium starting at 11 a.m. Weather Right now, accordin...

Eastern PA bank plans Pittsburgh branch

Fri, Sep 17, 2021

PA Department of Banking & Securities approves Peoples' application for Warrendale branch. ...

First Look: MSA's manufacturing expansion in Cranberry Township

Fri, Sep 17, 2021

MSA Safety Inc.’s new 20,000-square-foot addition doesn’t just represent the latest iteration of its state-of-the-art gas-detection products, but it also represents what the Cranberry Township-based manufacturer said is its commitment to western Pennsylvania. MSA (NYSE: MSA) could have located the facility anywhere within its global footprint, and in fact moved the plant and equipment from Lak...

AHN Montour Health + Sports Medicine Center closer to reality

Fri, Sep 17, 2021

Allegheny Health Network and the Pittsburgh Riverhounds expect their 78-acre soccer complex and AHN Montour Health + Sports Medicine Center in Coraopolis will be a big draw, not just for the youth and weekend athletes that will be there but also for others from many states away looking for the rare combination of playing fields and clinical firepower that will be housed there. “This will be ou...

Baker Tilly doubling Pittsburgh presence with acquisition

Fri, Sep 17, 2021

Baker Tilly poised to move up the local ranks by buying Arnett Carbis. ...

Giant Eagle partners with RangeMe for "endless aisles" offering for online marketplace

Fri, Sep 17, 2021

Giant Eagle confirmed that Marketplace will be a new e-commerce offering for the grocery chain as it continues to ramp up and adapt to a fast-changing retail environment. ...

IAM Robotics appoints Jay Link to serve as its new chief commercial officer

Fri, Sep 17, 2021

Before joining IAM Robotics, Jay Link held executive leadership roles with Kiva Systems, now Amazon Robotics; Berkshire Grey and Seegrid. ...

Outstanding CEOs: Jeremy Waldrup, Pittsburgh Downtown Partnership

Fri, Sep 17, 2021

Jeremy Waldrup is a winner of a 2021 Outstanding CEOs award. ...

US Tax News 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.... 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.... 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. ... 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. ... 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.... 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.... 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.... 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. ... 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. ... 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. ...