Weekly News Round Up: A Better Tax Season This Year; Consumer Health Care Consumerism Grows; and Top M&A Deals in 2014
January 5, 2015 - By: SC&H Group
Welcome to the Weekly News Round Up from the SC&H Group blog. Each week, we showcase a series of news stories that span everything from government contracting to personal finance to state and local tax issues.
This week, we have pulled together a number of stories that both look back at 2014 and look ahead to 2015. For example, tax professionals are looking forward to a better tax season this year, and we saw several megamergers happen in 2014 in the pharma sector. In addition, a new study shows that health care costs will remain low in 2015.
Practitioners Expect a Better Tax Season
Tax professionals are looking forward to a better tax season this year, according to a recent survey.
Costs Slow as Health Care Consumerism Grows
Annual health care cost hikes remain historically low for a second consecutive year, partly in response to corporate benefits strategies, according to a new study.
Women CFOs Less Likely to Use Tax Shelters, Study Finds
Women CFOs are significantly less aggressive in tax avoidance than their male counterparts, a new study has found.
IRS Cautions Preparers about Schedule C Mistakes
The Internal Revenue Service reportedly sent over 2,500 letters last month to tax preparers warning about potential errors that the IRS spotted on the Schedule C they filed for their sole proprietor business clients.
SEC Fixing Edgar Flaw
The U.S. Securities and Exchange Commission is planning to fix a defect in its Edgar public dissemination system that allows some investors to get an early look at potentially market-moving news.
Top 10 M&A Deals of 2014
Revived markets, inversions, and big pharma’s appetite for new therapies spurred megamergers in 2014 in the health care arena.
Four Financial Resolutions Worth Keeping in 2015
CNBC is offering these personal finance resolution tips for 2015.