Below please find daily updates pertaining to the latest in financial, business, and tax news:
South Side's population and job growth outpacing the rest of the city, according to new report by Fourth River Economy ...Wed, Dec 12, 2018
NanoGriptech, a Pittsburgh startup that manufactures “gecko-inspired” micro-structured dry adhesives and surfaces for a range of applications, raised $1.7 million in investment from Taiwan-based Industrial Technology Investment Corporation. The investment will also allow nanoGriptech to grow its customer base across Asia. “We are very excited about the opportunities with nanoGriptech, whose...Wed, Dec 12, 2018
Newsweek hosted the seminar that focused on how smart autonomous vehicle really are. ...Wed, Dec 12, 2018
Fortune 500 firm to move regional office of 100 into a portion of Westinghouse's headquarters in Cranberry Woods ...Wed, Dec 12, 2018
Lawsuits don't get much spicier than this. McCormick & Co., the Baltimore-based manufacturer of spices, seasonings and condiments recently filed a lawsuit in federal court against the Pittsburgh-based Primal Palate, claiming the latter's "New Bae" spice was a trademark infringement on McCormick's popular "Old Bay" seasoning, according to a report in the Daily Record. "New Bae" is an organic s...Wed, Dec 12, 2018
With a growing shortage of software development talent, Pittsburgh tech companies share strategies. ...Wed, Dec 12, 2018
A rising tide lifts all boats, but the strong economy has led to a problem that is affecting businesses across the region: a shortage of workers. With southwestern Pennsylvania facing a shortage of 80,000 workers by 2025, a group of regional leaders took part in panel discussion "Filling the Gap," a Pittsburgh Business Times event at the Fairmont Pittsburgh on Dec. 12. Daniel Fitzpatrick, pre...Wed, Dec 12, 2018
Pittsburgh-based nonprofit Cribs for Kids announced Wednesday that is was partnering with the Aaron Matthew SIDS Research Guild of Seattle Children’s Hospital to launch a research foundation to study Sudden Infant Death Syndrome. The Aaron Matthew Research Foundation of Cribs for Kids will be funded by a portion of the proceeds from the sale of Crib for Kids' Cribette, a safety-approved play-y...Wed, Dec 12, 2018
Dickie McCamey entering Hollidaysburg in central Pennsylvania. ...Wed, Dec 12, 2018
Zolot worked at agency since 1976, was CFO for past 20 years. ...
Last year, the tax burden in OECD countries reached its highest level recorded, at 34.2 percent of gross domestic product, up 20 basis points on 2016, largely due to increasing taxes on personal consumption and companies. ...Fri, Nov 23, 2018
Releasing a progress update, the OECD said international efforts to curb harmful tax practices and prevent the misuse of preferential tax regimes are having a tangible impact worldwide....Fri, Nov 02, 2018
The Financial Accounting Standards Board (FASB) on October 31 issued Accounting Standards Update 2018-17, intended to reduce the cost and complexity of financial reporting associated with consolidation of variable interest entities (VIEs), for which consolidation is not based on a majority of voting rights....Mon, Oct 29, 2018
Estonia has topped the Tax Foundation's International Tax Competitiveness Index for the fifth successive year, being deemed to have the "best tax code in the OECD."...Mon, Oct 29, 2018
The Association of International Certified Professional Accountants has issued a policy paper calling for a multilateral approach to solving the tax challenges posed by the digital economy. ...Fri, Oct 12, 2018
On October 10, 2018, the United States Treasury Department and the Internal Revenue Service published a Notice of Proposed Rulemaking in the Federal Register notifying taxpayers of the availability of additional guidance regarding the transition tax under Section 965....Mon, Jul 16, 2018
The American Institute of CPAs has urged the Internal Revenue Service and the US Treasury Department to simplify the draft 2019 Form W-4, Employee's Withholding Allowance Certificate, and the accompanying instructions, to reduce administrative burdens on taxpayers....Fri, Jul 06, 2018
The International Monetary Fund has recommended that the United States raise indirect taxes to boost revenues, to offset the cost of recent tax cuts and spending increases....Mon, Jul 09, 2018
The US Internal Revenue Service has announced plans to streamline the personal income tax return for the 2019 tax filing season, to reflect changes brought about by the Tax Cuts and Jobs Act....Fri, Jun 29, 2018
The decision by the US Supreme Court to drop the physical presence requirement for states to impose sales tax will have an "incredible impact" on states' tax regimes and revenues, according to Mark Friedlich, Senior Director of Tax and Accounting, North America, Wolters Kluwer....
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*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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