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CPA Practice Advisor · Dec 17, 2025

Opinion: Elimination of the Penny Will Cost Us as Merchants, Consumers

Tax Brief summary and classification of the original reporting.

Bottom Line

💡 Opinion: Elimination of the Penny Will Cost Us as Merchants, Consumers. Worth reviewing for potential client impact.

Summary

As the U.S. Treasury phases out the use of the penny, it’s creating a host of new challenges for businesses and consumers that could cost all of us a good chunk of change.

Classification

Category: fyiPriority: importantReason: Contains 'treasury' - significant update

Affected Groups

All tax practitioners

Original Source

We aggregate public tax updates and provide AI-assisted summaries. Please read the original reporting for full details.

Read original article

Bottom Line

Summary

Classification

Affected Groups

Related Topics

Original Source