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Bob Scott

Bob Scott

AICPA Supports Auto Dealer Relief

Car dealerThe American Institute of CPAs has endorsed a bipartisan bill in Congress that would offer auto dealerships tax relief. The Supply Chain Disruptions Relief Act would allow dealerships to wait until as late as 2025 for their inventory to be replaced in order to determine income attributable to the sale of inventory in 2020 or 2021. 

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Biz Travel Not Recovered from COVID

 Airplane LandingSpending on business travel is not expected to reach pre-pandemic levels until 2024, according to a Deloitte report. While travel is expected to increase significantly this year, it will not reach 2019 spending levels for two years.

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BDO USA Names Diversity Officer

 Rainbow wavyBDO USA has hired Bernadette Pieters as its first chief diversity, equity and inclusion (DEI) officer. Her hiring came as the firm also announced its first DEI Transparency Report this month.

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