U.S. Senate's Schumer to bring up House-passed bill raising debt limit as soon as next weekU.S. Senate Majority Leader Chuck Schumer said Thursday he will ask the Senate to consider a House-passed bill raising the nation's debt limit "as early as next week...
Federal Tax Highlights
House Vote on Bipartisan Infrastructure Bill UncertainHouse Speaker Nancy Pelosi, D-Calif. said that she planned to go ahead with a vote on the $1 trillion hard infrastructure bill, the Infrastructure Investment and Jobs Act (H.R. 3684)...
Congress passes continuing resolution funding federal agencies to Dec. 3Congress has passed a continuing resolution that funds federal agencies through December 3, 2021. The CR prevents a government shutdown that would otherwise occur...
Bills from the Hill, September 23 to September 30, 2021Below is a list of tax bills introduced in Congress for which bill text became available between September 23 and September 30, 2021. The text of each bill can be accessed by clicking...
Accounting Highlights
Tweak on Lease Accounting Rules Coming in Weeks for Private CompaniesAn amendment to lease accounting will be issued “in the next few weeks” that will enable private companies to use a risk-free rate as the discount rate for all leases, FASB Chair...
FASB Pelleted with Hundreds of Requests to Rule on Accounting for CryptocurrenciesThe FASB to date received about 500 comment letters in response to its agenda consultation document, 100 of which are unique, and the remaining 400 singularly requesting rules..
Posted By Black 10-1-21
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Tax Updates
Reuters Featured Article of the Day
U.S. Senate's Schumer to bring up House-passed bill raising debt limit as soon as next weekU.S. Senate Majority Leader Chuck Schumer said Thursday he will ask the Senate to consider a House-passed bill raising the nation's debt limit "as early as next week...
Federal Tax Highlights
House Vote on Bipartisan Infrastructure Bill UncertainHouse Speaker Nancy Pelosi, D-Calif. said that she planned to go ahead with a vote on the $1 trillion hard infrastructure bill, the Infrastructure Investment and Jobs Act (H.R. 3684)...
Congress passes continuing resolution funding federal agencies to Dec. 3Congress has passed a continuing resolution that funds federal agencies through December 3, 2021. The CR prevents a government shutdown that would otherwise occur...
Bills from the Hill, September 23 to September 30, 2021Below is a list of tax bills introduced in Congress for which bill text became available between September 23 and September 30, 2021. The text of each bill can be accessed by clicking...
Accounting Highlights
Tweak on Lease Accounting Rules Coming in Weeks for Private CompaniesAn amendment to lease accounting will be issued “in the next few weeks” that will enable private companies to use a risk-free rate as the discount rate for all leases, FASB Chair...
FASB Pelleted with Hundreds of Requests to Rule on Accounting for CryptocurrenciesThe FASB to date received about 500 comment letters in response to its agenda consultation document, 100 of which are unique, and the remaining 400 singularly requesting rules..
Posted By Black 10-1-21