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The article focuses on financial challenges facing the renewable energy market notably the Renewable Electricity Production Tax Credit (PTC) phase-down, Tax Cuts and Jobs Act (TCJA) and Section 201 Solar Tariffs. It mentions PTC is the financial drivers for wind and solar power project development and help sustain the supply, construction, management and operation of renewable power generation assets. It also mentions efforts to defend federal and state tax incentives.

The article focuses on the roles of accounting professionals in the financial planning of their clients considering the aspects of the Tax Cuts and Jobs Act tax reform in the U.S. Topics discussed include considering the split of business to achieve a favorability on the law, the aspects of maximizing the surplus among companies which qualify for the lower tax rate, and the expectation on the advantages of the tax cut on the mergers and acquisitions (M&A) transactions.

The article offers information on the benefits of tax cuts in the Heating, ventilation, and air conditioning (HVAC) industry focusing on Tax Cuts and Jobs Act that is supported by Air-Conditioning, Heating, and Refrigeration Institute (AHRI). The author states that with the tax code the bonus depreciation of business purchases for HVACR equipment will be offered. The author also suggests that through this tax policy there will be job creation as well that will lead to the growth of the economy

The article reports that California Legislature has passes resolutions such as to recognize National Puppy Day and separate immigration policy. It mentions California Senate Joint Resolution 21 from senator Jeff Stone would encourage any individual taxpayer in California who disapproves of the federal Tax Cuts and Jobs Act to donate their tax savings to the state of California's General Fund. It also mentions concerns rising costs of living due to high personal income tax rates.

Clients still have a few weeks to make deductible contributions to various retirement accounts, as well as health savings accounts, to reduce their 2017 tax liabilities. [ABSTRACT FROM AUTHOR]

The article reports on the expectation that the office of Ohio Governor John Kasich will select the distressed areas of Ohio that will be able to use a new investment tool created in the federal Tax Cuts and Jobs Act of 2017 by March 21, 2017. Topics include the certification of the census tracts as Opportunity Zones 30 days later by the U.S. Treasury Department, the goal of creating the Opportunity Zones and the similarity of the program to the existing New Markets Tax Credit program.

The article discusses the impact of new taxes on nonprofit organizations under the Tax Cuts and Jobs Act passed by the U.S. Congress. The law will cut endowment interest income for some private colleges and impose taxes on unrelated business income for nonprofit organizations. The tax changes are expected to result in decreases in charitable donations.

The article discusses the enforcement of taxes on nonprofit organizations in the U.S. despite the fact that they are declared tax exempted. The Internal Revenue Service (IRS) has required nonprofits to pay payroll taxes and unrelated business income taxes. Kyle Caldwell, executive director of the Dorothy A. Johnson Center for Philanthropy at Grand Valley State University in Grand Rapids, expressed concerns on the effect of the Tax Cuts and Jobs Act on nonprofits.

The article discusses the benefits obtained by the Fleet management in the trucking Industry with the introduction of the new Tax cuts and Jobs Act Amendments while filing tax returns which would help companies write off equipment expenses. Topics include reporting of operating leases as Right of Use Assets(ROU), a list of deprecation deduction changes and the limit marked for the Net Interest expense.

The article reports on the passage of a legislation for extension of a payroll tax cut for workers and of long-term jobless benefits by the U.S. Congress.

The article offers information on the impact of the Tax Cuts and Jobs Act passed by the U.S. Congress on European securities lending and repo desks operating in the U.S. Topics discussed include lowering of the corporate tax rate; views of Michael Feder, director of global tax at Wellington Management, on favoring of US companies over international competitors; and levy under the base erosion and anti-abuse tax.

Those who live abroad may be disappointed. Here's why and how to prep them. [ABSTRACT FROM AUTHOR]

The article presents a question and answer related to the impact of the Tax Cut and Jobs Act on the meetings and incentive (M&I) business.

The article details the financial performance of Flagstar Bancorp in its fourth quarter of 2017. Topics mentioned include the decline in earnings due to the revaluation of the deferred tax asset as compliance with the Tax Cuts and Jobs Act, and the pay dividends from the acquisition of Opes Advisors and Stearns Lending's correspondent origination business.

The article discusses the financial pressure on state resources of Michigan of the push for tax cuts being pursued by lawmakers. Topics covered include the benefits of the tax reform introduced by Governor Rick Snyder in his first year in office, decision of the Republican-led Legislature to override Snyder's veto of legislation that will accelerate a sales tax break for vehicle trade-ins, and the call for lower income taxes by Attorney General Bill Schuette.

This section offers news briefs from Michigan. Topics covered include the vote of the Republican-led Michigan Legislature to override the veto of Governor Rick Snyder of a speedier tax cut for those who trade in their car for a new one, rate of decline projected for jobless insurance tax rates, and the problems encountered in the launching of the refreshed website of Michigan Lottery.

The article reports that the BOC Aviation will be gaining profit from a recently-passed tax bill, the Tax Cuts and Jobs Act.

Many provisions of the Tax Cuts and Jobs Act are punitive to tax exempt healthcare. [ABSTRACT FROM AUTHOR]

The article reports on the potential impact on bank loan growth of the Tax Cuts and Jobs Act signed into law by U.S. President Donald Trump as of January 2018. Topics include some business owners' doubt that borrowing will increase after the passage of the tax cut law, a warning to bank investors and analysts not to get their hopes that the tax cut will lead to an increase in new borrowing, and the reasons commercial loan demand is likely to remain tepid for the next few quarters.

The article offers accounting news briefs. It reports the passing of the Tax Cuts and Jobs Act by the government body U.S. Congress. It announces the appointment of official William Duhnke as the chairman of the Public Company Accounting Oversight Board by the U.S. Securities and Exchange Commission. It also reports the occurrence of mergers of accounting companies across U.S.

The article discusses the development of a member task force which will overhaul the direct tax laws to prevent tax leakage in the businesses in India.

The article focuses on the tax-cut bill passed by the U.S. House and Senate legislation under the administration of U.S. president Donald Trump. It discusses American Institute of Architects' disagreement on both the bills passed as it does not include the architects for the tax breaks, and issue of pass-through on how it augurs with the design and construction groups.

The author offers insights on the tax cut plan advocated by the U.S. Republican Party. Topics discussed include the potential impact of the proposed corporate income tax rate reduction on companies, the possible economic consequences of this tax cut for the middle-class population, and the outlook issued by the U.S. Congress Joint Committee on Taxation (JCT) on the average tax rate.

The author discusses the topic of tax rate limitations laws and its impact on the small businesses, S-corporations, and partnerships. The author states that the tax cut would be beneficial for the small construction companies, who takes risks, work hard, and helps in the job creation. The U.S. estate tax laws considered by the U.S. Congress and its exemptions, people's tax liability.

The article reports on the proposed Tax Cuts and Jobs Act launched by Republicans in the U.S. House of Representatives. The bill would reduce the corporate tax rate and end an executive compensation loophole. Anthony Licavoli, tax manager at accounting firm Rehmann Robson, noted the advantage of the bill to public companies.

The article reports that Tax Cut and Jobs Act bill approved by president Donald Trump is getting reviews from retail industry as companies are slating to receive corporate tax rates and mentions purpose of bill is to reduce tax brackets.

This section offers U.S. financial industry news briefs as of November 6, 2017. Topics discussed include the potential benefits of the proposed corporate tax cuts to banks, the nomination of U.S. Federal Reserve System (FRS) Governor Jerome H. Powell by U.S. President Donald Trump to serve as the next FRS Chairman, and the anti-money laundering law violation allegedly committed by Lone Star National Bank according to the U.S. Treasury Department.

While working on two bond sales and finalizing a new budget, Cook County, Ill. is eyeing layoffs. [ABSTRACT FROM AUTHOR]

The article focuses on the potential impact of U.S. President Donald Trump's economic policies on commercial real estate market in the country in 2017. Topics discussed include the advocacy of Trump for changes in laws and regulations, reduction in corporate tax rate, and increase of Treasury yields and swap rates.

The author examines the potential benefits of a tax relief measure to reduce value added tax (VAT) in the coastal enterprise zones of Great Britain. According to the author VAT reduction can attract visitors and investors which in turn will help regenerate the socio-economic conditions of coastal towns that have been severely impacted by the collapse of the shipbuilding and fishing industries. He believes that this measure will also help rebalance Great Britain's economy.

The article provides the author's view on issues concerning property tax bill and state taxes in New Jersey. He highlights the transportation funding in the state as well as the state's policy regarding estate and transfer inheritance taxes. He also discusses issues about constitutional amendment, spending cuts, and tax hikes

Florida's legislative session began Tuesday, with Gov. Rick Scott focused on tax cuts and lawmakers weighing two major proposals that would affect public utility bonds. [ABSTRACT FROM AUTHOR]

The article presents a summary of the key provisions of the Protecting Americans From Tax Hikes Act of 2015 signed by U.S. President Barack Obama into law on December 18, 2015, of particular interest to farm producers. INSET: A mixed bag for ag.

The article talks about the theory of economics by supply-side economist Arthur Laffer, and also talks about a Washington Post blog entry on 2016 producing new wave of election for Republicans and an tax-cutting legislation.

The article reports that Ohio lawmakers have rejected the dollar 72 billion budget plan proposed by governor John Kasich regarding controversial tax increases, by introducing another budget bill. Topics include creation of Tax Policy Study Commission to review the reforms, provision for income tax cuts, and increase in the sales tax from 5.75 to 6.25 percent.