US Economy

BLS International responds to MEA's debarment and reassures that this will not affect the company's financial outlook or ongoing operations.

The European Commission is updating its 2023 Economic Security Strategy amid global trade turbulence. The focus on economic security and trade negotiations may impact green technology firms.

The IRS is furloughing nearly half of its staff due to the ongoing government shutdown. Meanwhile, the agency is also focusing on tax policy updates, including the 2025-2026 Priority Guidance Plan, taxation of digital assets, and interest capitalization rules.

"California updates conformity to the Internal Revenue Code for income tax purposes, but continues to decouple from significant federal provisions."