-
Teachers face the stress of surprise observations
Teachers often feel anxious during classroom observations, whether they are surprise visits or planned evaluations. Marie Ziskin, a former elementary STEM teacher, expressed that “even if you thought the lesson was beautiful… there was just always something negative to say” from administrators. Many educators perceive these observations as compliance checks rather than supportive measures. Susan…
-
IRS issues new rules for clean electricity tax credits
The Treasury Department and the Internal Revenue Service have announced final rules for the Clean Electricity Investment and Production Tax Credits in Sections 45Y and 48E of the Tax Code, designed to lower energy costs and support clean energy job growth. Taxpayers must meet specific standards, including paying prevailing wages and employing registered apprentices, to…
-
Accounting firms try to block new U.S. disclosure rules about auditors
Auditing firms are urging the SEC to reject the recently adopted PCAOB standards on firm and engagement metrics. EY expressed concerns, stating: “The rule introduces a new public oversight model to issuer audits that… is based on metrics susceptible to misinterpretation.” KPMG echoed the sentiment, arguing that the PCAOB has not demonstrated how the proposed…
-
‘Nuclear verdicts’ are driving up the costs of doing business
The Wall Street Journal speaks with David Arick, the president of the risk management society RIMS, about corporate risk managers increasingly complaining about the growing number of so-called “nuclear verdicts,” a term referring to jury verdicts topping $10m. Arick says: “It’s a big concern for insurers, and [especially] insurers that cover certain industries like trucking…
-
End the electric vehicle tax credit
The federal tax credit for electric vehicles (EVs) has become an ineffective subsidy that primarily benefits wealthy individuals while contributing to a growing budget deficit, accoring to an L.A. Times editorial. Originally introduced in 2008 and expanded in 2022 under the Inflation Reduction Act, the credit has resulted in an estimated $112bn in lost revenue….
-
Nebraska fuel tax rates on the rise
The Nebraska Department of Revenue (DOR) has announced an increase in motor fuel tax rates, effective from January 1, 2025, to June 20, 2025. The rate will rise from 29.6 cents per gallon to 30.4 cents per gallon. This adjustment includes wholesale, variable, and fixed tax rates designed to align with legislative appropriations and the…
