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Regulatory Roundup - Oct. 20-26
The Trusted Professional
AICPA Press Release Americans’ Financial Satisfaction Bounces Back with Record Rally This AICPA PFSi saw its largest…
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Hopes for Stimulus Deal Fade as Parties Fail to Reach Weekend Compromise
The Trusted Professional
It appears increasingly unlikely that there will be a stimulus deal before Election Day, as the weekend has passed with no…
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FASB Proposes Standardized Treatment for Freestanding Equity-Classified Forwards and Options
The Trusted Professional
The Financial Accounting Standards Board proposal Practitioners looking for an overview of recent FASB pronouncements may…
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Bond Defaults Leading to Big Losses in Corporate Bankruptcies
The Trusted Professional
Bloomberg private debt restructurings the Wall Street Journal which had previously pledged cited by Moody's
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IRS Releases Draft of New Form 1065 for Partnerships
The Trusted Professional
The IRS has released proposed new form The revised instructions indicate that partnerships filing Form 1065 for tax year…
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More Than Half of Companies Hired New Staff Remotely
The Trusted Professional
A survey by Robert Half according to CPA Practice Advisor is here to stay planning long term Fortune,
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House Speaker Concedes There May Not Be a Stimulus Deal Before Election
The Trusted Professional
House Speaker Nancy Pelosi (D-Calif.), near the close of the (now final) deadline to reach a pandemic aid deal, conceded that…
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Survey of NYC Landlords Finds 15 Percent May Default on Taxes, Utilities
The Trusted Professional
A Community Housing and Improvement Program questionnaire revealed that about 15 percent of New York City landlords may not…
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U.S. DOL Reports 787,000 New Jobless Claims
The Trusted Professional
The U.S. Department of Labor the previous week's 898,000 Bloomberg negotiations new deadline
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