-
Deloitte hires former Ways and Means official to boost tax policy practice
Deloitte has appointed longtime Congressional advisor Mark Roman as deputy managing principal of the tax policy group within its Washington national tax practice. Roman joins the firm after two decades in the U.S. House of Representatives, most recently serving as staff director of the House Committee on Ways and Means during the 118th and 119th…
-
AICPA seeks clarity on R&E rules
AICPA is urging the Treasury Department and the IRS to provide guidance on the capitalization and amortization of domestic research and experimentation (R&E) under IRC Section 174A(c). In a letter dated February 19th, Cheri Freeh, chair of the AICPA Tax Executive Committee, highlighted conflicting language in Revenue Procedure 2025-28, which has led to varying interpretations…
-
Tech visa applications fall 11%
Analysis by RSM UK shows that applications for UK tech visas from overseas workers have decreased by 11%, falling from 8,739 in Q2 2025 to 7,768 in Q3. This decline raises concerns about talent shortages in the tech sector. James Bull, senior analyst at RSM UK, said: “Tech businesses are being hit with both a…
-
The Ultimate Lease Accounting Guide
Lease accounting compliance was not a one-time project; it is a continuous cycle of updates and reconciliations. This 44-page guide is designed for accountants managing the ongoing complexities of ASC 842, including lease modifications, term reassessments, and asset impairments. Ensure your balance sheet reflects the current reality of your portfolio. Gain the technical clarity needed…
-
The U.S. states with the highest property tax rates in 2026
The average U.S. household spends $3,119 annually on property taxes, with an additional $499 for vehicle property taxes in 26 states, according to the U.S. Census Bureau. WalletHub’s 2026 Property Taxes by State report reveals significant disparities across states. “Some states charge no property taxes at all, while others charge an arm and a leg,”…
-
Industrial production posts strongest gain in nearly a year
U.S. industrial production rose 0.7% in January, marking its largest increase in nearly a year, driven by broad gains in manufacturing and higher utility output, according to Federal Reserve data. Manufacturing output, which accounts for about three-quarters of total production, climbed 0.6% – the strongest rise since February 2025. Gains were widespread, including increases in…
