Small Business April 10, 2025
China Raises Tariffs on American Products to 84%
The Chinese government will impose an 84% tariff on all imports from the U.S. starting April 10, the Finance Ministry said in a statement Wednesday.
Taxes April 8, 2025
Trump Increases Tariffs on Some Chinese Products to 104%
That package includes previous levies applied because of the fentanyl crisis, his reciprocal tariffs, as well as an additional retaliation Trump announced after Beijing said it would tax U.S. exports to China.
Accounting April 8, 2025
Trump Administration Wants $1 Trillion Budget for Defense, Cuts to Social Security
President Donald Trump said his administration had approved a defense budget in the “vicinity” of $1 trillion.
General News March 22, 2025
Social Security Head Calls Off Shutting Agency After Court Order
The acting head of the Social Security Administration retreated from his threat to shut down the office after a federal judge said an order restricting data access for Elon Musk and his cost-cutting team doesn’t apply to agency employees.
General News March 22, 2025
Federal Judge Says 25,000 Workers Can Keep Jobs for Now
The Trump administration must continue to comply with a Maryland judge’s order to temporarily reinstate almost 25,000 fired employees at 18 U.S. agencies for at least another week, a federal appeals court held.
Technology March 7, 2025
Discussing the Crypto Summit – The Accounting Technology Lab Podcast – March 2025
In this video and podcast, Randy Johnston and Brian Tankersley, CPA, discuss the Crypto Summit held at the White House on March 7, 2025, and the potential effects for accounting, reporting, taxes and accounting firms.
Financial Reporting March 6, 2025
AICPA Says BOI Enforcement Freeze is Good Step, But Wants Clarification
The AICPA awaits the release of additional details later this month but believes that Treasury is headed in the right direction with this decision.
Small Business March 3, 2025
Americans Want Administration to Do More for the Economy, Say Polls
Two polls signaled that President Donald Trump risks putting off Americans worried about the economy and inflation with the broad flurry of measures during his first weeks in office.
Payroll February 27, 2025
Up to Half of Social Security Workers Could Be Laid off
The Social Security Administration has been instructed to reduce its staff by half as President Donald Trump’s administration continues to pursue widespread cuts across the federal government, according to multiple media reports.
Small Business February 27, 2025
National Weather Service, NOAA Layoffs Hit Hundreds of Federal Workers
Hundreds of National Oceanic and Atmospheric Administration and National Weather Service employees were laid off Thursday in the latest round of federal workforce cuts under President Donald Trump’s administration.
Accounting February 26, 2025
Federal Government Buildings to Turn Off Electric Vehicle Charging Stations
Federal buildings across the U.S. have been ordered to shut off electric-vehicle chargers, according to a person familiar with the matter, the latest move to rescind pro-EV initiatives in President Donald Trump’s first months in office.
Payroll February 25, 2025
Egg Prices Predicted to Increase Up to 40 Percent More in 2025
The report stated, "Retail egg prices increased by 13.8 percent in January 2025 after rising by 8.4 percent in December 2024 ... Egg prices are predicted to increase 41.1 percent in 2025."