Tag Archives: US
Small Tax Cap Reduction Can Result in Major Benefits
According to a report that was released last week, a small reduction in the nation’s tax gap could result in large fiscal benefits for the federal government. This new report was released with the purpose to give suggestions to both … Continue reading
U.S. Treasury Prohibits Russia’s Access to Services
The United States continues significant and unprecedented action in response to Russia’s invasion of Ukraine by imposing severe economic costs that will have both immediate and long-term effects on the Russian economy and financial system. On May 8, 2022, the … Continue reading
Largest U.S. Tax-Evasion Case – Billionaire Must Stand Trial
It was recently decided that Robert Brockman will be mandated to stand trial regarding the largest tax evasion case against an individual in United States history. Brockman was trying to leverage his dementia to be declared incompetent for trial.… Continue reading
Big 4 Firms in SEC’s Scope Regarding Audit Independence
The US Securities and Exchange Commission is now probing potential conflicts of interest within big four firms which includes Ernst & Young, PricewaterhouseCoopers, Deliotte, and KPMG, as first reported by the Wall Street Journal. The probe will focus largely … Continue reading