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An excise tax for small and midsized producers beginning at 5% would be imposed on cannabis products and gradually increase to 12.5%.

Plus, Paystand releases a blockchain-powered dynamic discounting app; Neat makes platform available online; and other accounting tech news.

The bill contains a 25% tax credit for semiconductor manufacturing — the source of the revenue loss.

Zepz called allegations about accounting issues “speculative and factually incorrect,” and the company hasn’t announced a timeline for an IPO.

The cloud accounting provider has released Xero Go, which provides access to basic accounting for small business owners and freelancers, in the U.K.

Bank jobs; meet me in the lobby; get Reals; and other highlights of recent tax cases.

Lawmakers introduced two bills that would affect the Child Tax Credit, the Lifetime Learning Credit and marijuana taxes.

The Treasury inspector general said the service's cybersecurity program still needs work.

A look at the biggest regulations, legislation and court cases in the field from the first half of the year.

The Federal Accounting Standards Advisory Board is looking for volunteers to join a new task force it is forming on climate-related financial reporting.