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Daily News

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

Pittsburgh Business Times

Neighborhood Allies offers free courses to lessen digital divide in Pittsburgh

Wed, Sep 30, 2020

The initiative is the third segment of efforts by Neighborhood Allies to get people connected to the internet during the Covid-19 pandemic. ...

Law firms step up for applicants taking the PA bar exam remotely next week

Wed, Sep 30, 2020

Applicants taking the Pennsylvania bar examination remotely next week, a concession to the Covid-19 pandemic, faced an unusual challenge — access to adequate testing space. The Pennsylvania Bar Association partnered with the Board of Law Examiners to help connect them with rooms with stable Wi-Fi connections and some 65 law firms and bar associations across the commonwealth are participating,...

Labor leaders talk up benefits of natural gas industry

Wed, Sep 30, 2020

Four prominent labor leaders, including three from western Pennsylvania, said during a panel Wednesday at the Marcellus Shale Coalition's Shale Insight 2000 virtual conference that the region's boom in construction projects have from their perspective been driven by the gas industry. ...

Littler taps head of its Pittsburgh office to co-chair program advancing careers of diverse associates

Wed, Sep 30, 2020

Career Advocacy Program aims to advance talented diverse associates. ...

Citizens Bank awards grants to these Pittsburgh-area minority-owned small businesses

Wed, Sep 30, 2020

One of region's biggest banks gives $1.5M in grants to 100 businesses, including 14 in Pittsburgh metro. ...

Upcoming Pittsburgh Steelers game postponed after Tennessee Titans players test positive for Covid-19

Wed, Sep 30, 2020

Sunday’s Steelers-Titans game is being postponed, according to the NFL, after multiple Tennessee players and team personnel tested positive for Covid-19 over the past week. In a statement posted on Twitter, the NFL said the game will be rescheduled at a later date next week and that it hoped to have further details soon. "The Steelers-Titans game, originally scheduled for Sunday at 1 p.m. ET,...

Howard Hanna partners with Better Homes and Gardens Rand Realty to expand territory to suburbs circling New York City

Wed, Sep 30, 2020

Howard Hanna's new partnership with Better Homes and Gardens Rand Realty puts firm into fertile sales markets in New York's Hudson Valley as well as into northern New Jersey ...

Exclusive: Olympus Energy names new CEO

Wed, Sep 30, 2020

Olympus Energy is the 10th-largest natural gas driller in southwestern Pennsylvania, according to the 2020 Pittsburgh Business Times Book of Lists. ...

Bob Evans' former CEO Steven A. Davis joins American Eagle board

Wed, Sep 30, 2020

Pittsburgh-based retailer American Eagle Outfitters Inc. on Wednesday said Steven A. Davis has been appointed to its board as an independent director, effective Oct. 1. Davis, the former chairman and CEO of Bob Evans Farms, has more than 30 years of experience leading consumer brands. Previously, he served in a variety of executive and management roles with Yum! Brands and Kraft General Foods,...

Fast 50: How five rapid-growth companies pivoted during the pandemic

Wed, Sep 30, 2020

We profile five of the companies that ranked among the Top 10 on the Fast 50 about how they are evolving their businesses during the pandemic. ...

US Tax News

Tax-News.com: Cyprus, US To Begin Exchanging CbC Reports

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....

Tax-News.com: German FM Scholz Optimistic About 2020 Digital Tax Consensus

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. ...

Tax-News.com: UK Treasury Rules Out Digital Tax Repeal

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. ...

Tax-News.com: US-Swiss Agreement Published On Mandatory Binding Arbitration

Mon, Aug 31, 2020

The US Internal Revenue Service (IRS) has released the text of an arbitration agreement between the US and Switzerland, in Internal Revenue Bulletin 2020-35, published August 24....

Tax-News.com: OECD Releases New Action 14 Peer Review Reports

Fri, Jul 31, 2020

The OECD has released peer review reports reviewing nine territories' progress towards implementing the BEPS Action 14 standard, on improving tax dispute resolution. ...

Tax-News.com: US Businesses Urge Against Starting A Digital Tax 'Trade War'

Fri, Jul 24, 2020

The United States Council for International Business has called on US authorities to focus its efforts on working with other countries to arrive at an international tax solution to the digitalized economy, rather than tackling countries' unilateral responses....

Tax-News.com: J5 Group Marks Two Years Of Collaboration On Tackling Fiscal Crime

Fri, Jul 17, 2020

On July 13, 2020, the US Internal Revenue Service (IRS) issued a progress report on the last two years' work of the J5 group of five advanced countries, who are working collaboratively to tackle cross-border tax fraud....

Tax-News.com: US Announces Tariffs On French Goods In Response To DST

Fri, Jul 17, 2020

The Office of the US Trade Representative has announced that the US will impose additional duties of 25 percent on imports of certain French products from next year in response to the country's decision to introduce a digital services tax. ...

Tax-News.com: US Withdraws From International Digital Tax Talks

Fri, Jul 03, 2020

US Trade Representative Robert Lighthizer told a congressional hearing on June 17, 2020, that the US Government has withdrawn from international negotiations on new global tax rules for digital companies at the OECD. ...

Tax-News.com: IRS Clarifies Tax Treaty References To NAFTA

Thu, May 28, 2020

On May 19, 2020, the United States Treasury Department and the Internal Revenue Service issued an Announcement which clarifies the interpretation of references in US income tax treaties to the North American Free Trade Agreement once it is replaced by the Agreement between the United States, Mexico and Canada. ...