Weekly News Round Up: RNC to Repeal FACTA; $1.54 Billion Acquisition of AirWatch; and Why ESOPs Are Good

Welcome to the Weekly News Round Up from the SC&H 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 compiled stories about the Republican National Committee (RNC) calling for a repeal of the Foreign Account Tax Compliance Act, VMWare’s acquisition of AirWatch, and how ESOPs are a solid retirement option for small businesses.

RNC to Vote on Resolution to Repeal FATCA

The Republican National Committee is holding a vote on a resolution calling for the repeal of the Foreign Account Tax Compliance Act.

U.S. Audit Ruling Weighs on China Firms’ IPO Plans

A U.S. ruling to temporarily bar the Big Four’s Chinese affiliates from auditing U.S.-traded companies could throw a chill on a pipeline of Chinese companies looking to IPO in the U.S.

VMware’s $1.54 Billion AirWatch Acquisition

Last week VMware announced a $1.54 billion acquisition of AirWatch, a mobile device management (MDM) provider.

Get Ready For More Mergers And Acquisitions In Book Publishing

We are once again solidly in an era of mergers, acquisitions and other financial activity in the book publishing industry.

How ESOPs Let Employees Take Stock In Their Retirement

For those business owners that have also established their business as a corporation, an Employee Stock Ownership Plan (ESOP) may provide a solid retirement option.

Gay Marriage and Taxes: Marriage Penalty Possible

Filing federal taxes could become more complicated for gay married couples who live in states that don’t recognize their marriage.

6 Flawed Rules of Personal Finance

Countering conventional wisdom, here are six ‘flawed rules’ about personal finance.