Import duties announced this year, if not blunted, would slow economic growth by 1 percentage point in 2025, according to EY.
The retailer asserts it overpaid executives after an accounting error led to an overstatement of 2023 EBITDA by $81 million, according to a securities filing.
Trump’s latest tariffs “will impact many products and industries,” with the textile and apparel sector in particular taking a big hit, says KPMG’s Andrew Siciliano.
Including Georgia, at least six states have passed alternative CPA licensure laws aimed at easing the accounting talent shortage.