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Stock Buyback Tax Would Have Raised Over $8B if in Effect in 2021
The Trusted Professional
A provision of the Inflation Reduction Act is projected to raise $74 billion over the next decade after it goes into effect…
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EY Leadership Approves Breakup
The Trusted Professional
Top leaders at Ernst & Young have voted in favor of a plan to divide the firm into two main business entities, auditing…
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SEC Chair Keeps Heat on Crypto Exchanges
The Trusted Professional
Securities and Exchange Commission (SEC) Chair Gary Gensler remains determined to bring the cryptocurrency industry to heel…
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Powell Remains Steadfast in Inflation Fight
The Trusted Professional
At a conference on Wednesday, Federal Reserve Board Chair Jerome H. Powell continued to affirm his resolve to raise interest…
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SEC Chief Accountant Warns Auditors About Taking on Chinese Public Companies
The Trusted Professional
The Securities and Exchange Commission (SEC) has warned American auditors of Chinese public companies that they must meet…
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IRS to Study Feasibility of Free E-File System
The Trusted Professional
The IRS is using $15 million that it received from the Inflation Reduction Act to answer the wishes of Democratic…
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CFOs' Deputies Faring Well in Current Job Market
The Trusted Professional
Being No. 2 is not so bad these days if you work in a finance department, The Wall Street Journal reported. Those…
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Regulatory Roundup - August 30-September 6
The Trusted Professional
AICPA Driven by Inflation Concerns, U.S. Business Executives Project Zero Profit Growth for Coming Year, AICPA & CIMA…
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IRS Reveals Accidental Exposure of Confidential Information
The Trusted Professional
The IRS revealed last week that, on Aug. 26, it erroneously posted on its website some confidential information about…
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