Below please find daily updates pertaining to the latest in financial, business, and tax news:
The Carnegie Library of Pittsburgh is seeking to expand its presence in downtown, adding 8,000 square feet of space to its branch in the neighborhood. The expansion in the Smithfield Building is part of a new lease deal with McKnight Realty Partners earlier this year, the Pittsburgh Post-Gazette reported. The plan is to offer more services to visitors within the expanded space. The library de...Thu, Dec 12, 2019
Evan Facher, director of the Pitt Innovation Institute, has been serving as interim CEO for almost a year. ...Thu, Dec 12, 2019
The Pennsylvania State System of Higher Education announced Wednesday that its Board of Governors had unanimously approved two new collective bargaining agreements with unions representing the faculty and campus professionals at 14 state-owned colleges. Members of both the Association of Pennsylvania State College & University Faculties and the State College and University Professional Associ...Thu, Dec 12, 2019
Pittsburgh-based Everest Infrastructure Partners LLC has acquired 10 wireless towers north and east of Houston, Texas. Financials were not disclosed, nor was the previous owner. Everest announced the transaction Wednesday on its website. “We are very pleased to have the opportunity to acquire and manage these tower assets,” Everest President Mike Mackey said in a prepared statement. “These to...Thu, Dec 12, 2019
As restrictions on height tighten, it's becoming more difficult for developers to build upward. ...Thu, Dec 12, 2019
This week Around Town N'at features photos of people at United Way's Pull on the Pride event, Reed Smith's team at the Greater Pittsburgh Food Bank, Clear Thoughts Foundation's Roll for a Reason Gala and Even Hotel's groundbreaking. To see who attended the events, click on the photo. If you want your event photos featured in the Pittsburgh Business Times' Around Town N'at online and print fe...Thu, Dec 12, 2019
Buccini/Pollin and Pittsburgh Penguins to build $200 million office tower. ...Wed, Dec 11, 2019
CEO told CNBC.com the assets "simply don't compete as well for our investment dollar as others do." ...Wed, Dec 11, 2019
A local mainstay convenience store chain is finally making its way to Columbus, Ohio. Altoona, Pennsylvania-based Sheetz Inc. announced on Facebook that it plans to bring its brand to Central Ohio in 2021. It has 40 shops in the state, but those are predominately located in Northeast Ohio. The closest Sheetz to Columbus is a single store in Zanesville. The company declined to comment on wher...Wed, Dec 11, 2019
Look for investments in automation but not for transformative acquisitions. ...
On December 2, 2019, the United States Internal Revenue Service issued final regulations on the foreign tax credit following major changes to the US tax code. ...Fri, Dec 06, 2019
The United States may impose additional duties of up to 100 percent on certain French products in retaliation for France's digital services tax, which a newly published report by the US Trade Representative has concluded discriminates against certain US companies. ...Mon, Dec 02, 2019
On November 22, 2019, the United States Internal Revenue Service issued final regulations confirming that individuals taking advantage of the increased gift and estate tax exclusion amounts in effect from 2018 to 2025 will not be adversely impacted after 2025 when the exclusion amount is scheduled to drop to pre-2018 levels. ...Mon, Nov 25, 2019
On November 12, 2019, a law was published in the official gazette of Costa Rica which ratifies the updated Tax Information Exchange Agreement with the United States. ...Mon, Nov 25, 2019
Representatives from US trade and industry associations have voiced concern about a digital services tax proposal floated during the recent Canadian election which they argue will "impose discriminatory requirements on the digital economy."...Fri, Nov 08, 2019
New Zealand is the easiest place in the world to do business, according to the World Bank's new Doing Business 2020 report, which looks at the simplicity of setting up, operating, and paying taxes in 190 territories around the world....Fri, Nov 08, 2019
On November 1, 2019, the presidential campaign of United States Senator Elizabeth Warren (D-MA) published plans for a system of universal Medicare that will be partially funded by tax increases on large corporations and wealthy individuals, as well as by stricter anti-tax avoidance rules. ...Fri, Oct 11, 2019
On October 9, 2019, the United States Internal Revenue Service issued two new pieces of guidance for taxpayers who engage in transactions involving virtual currency. ...Fri, Oct 04, 2019
On October 1, 2019, the United States Treasury Department and the Internal Revenue Service announced a relief for certain US persons that own stock in certain foreign corporations....Fri, Sep 27, 2019
United States Senator Bernie Sanders (D-VT), a leading contender for the Democratic presidential nomination, has proposed a new tax, as well as a series of enforcement measures, targeting America's wealthiest individuals. ...
*Investment advisory services offered through 1st Global Advisors, Inc.
*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
© 2019 Exler & Company, Inc. All Rights Reserved.
Web Builder CS: Websites for Accountants