Welcome to the Weekly News Round Up from the SC&H blog. Each week, we will be showcasing a series of news stories that span everything from government contracting to personal finance to state and local tax issues.
This week, we have compiled stories about President Obama signing the bipartisan budget deal, the U.S. Marine Corps passing its budget audit, and how the commercial real estate sector is poised for steady growth in 2014.
Obama Signs Bipartisan Budget Deal, Annual Defense Bill
Last week, President Barack Obama signed a compromise budget that averts another government shutdown and a defense bill that provides a base budget of $526.8 billion in 2014.
U.S. Marine Corps is First Service to Pass Audit
The US Marine Corps is the first military service to pass a financial audit, a small but potentially important budgetary milestone.
The Freelance Finance Chief
As demand for executives and controllers grows more slowly over the next few years, CFOs may need to consider going “part-time,” according to CFO.com.
2 Big M&A Deals to Watch in 2014
According to Motley Fool, the coming year looks to be about enhanced M&A activity among media and telecom giants.
IRS Offers Advice for Year-End Charitable Giving
The Internal Revenue Service is urging individuals and businesses that are making contributions to charity to keep in mind several important tax law provisions that have taken effect in recent years.
D.C. Panel Suggests Income Tax Changes, New Per-Worker Fee For Businesses
A blue ribbon commission is recommending that DC officials lower income taxes on low- and middle-income residents, broaden the application of sales tax and lower some business taxes — but assess employers a new quarterly fee of $25 per worker.
Steady Commercial Real Estate Growth Expected
According to the National Association of Realtors, we will see a modest rise in commercial real estate growth in 2014.