Proposed regulations would allow partnerships and S corporations to exceed the $10,000 limit on state and local tax deductions imposed by the Tax Cuts and Jobs Act. PCAOB adjusts plans for coronavirus → | By Michael Cohn 8 min read | The board has been making changes to its strategic plans and agenda in response to the pandemic as it sees auditors doing more work remotely. | | Kavanaugh, Roberts signal inclination to keep Obamacare alive → | By Greg Stohr, Lydia Wheeler and Kimberly Robinson 4 min read | Two key U.S. Supreme Court justices indicated they are inclined to uphold the bulk of the Affordable Care Act as the court weighed the fate of a landmark law that provides health-insurance to 20 million people. | | WEB SEMINAR | Cash is still king: 4 ways to bolster your bottom line | As businesses have now adapted to the “new normal” and are looking ahead to the new year, the focus returns to the bottom line – do we have enough cash to accomplish our objectives, and what can we do now to help ensure our long term success? Learn More → | |
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