Featured News
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IRS issues guidance for domestic content bonus credit
Recent guidance from the IRS and Treasury modifies an existing safe harbor and provides a new elective safe harbor for determining domestic content bonus credit amounts.
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Recent grads want to work in the office, report finds
A new analysis reveals that recent college graduates prefer to work more often in the office than workers in their 30s.
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Employers should include workers in AI plans, DOL says
The U.S. Department of Labor recommends employers include their workers in the use of artificial intelligence (AI) plans and procedures.
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SEC tightens rules around data breach disclosures
The SEC is focusing on cybersecurity breaches at broker-dealers and registered investment advisers, among other financial institutions, with an update to a 24-year-old rule.
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AICPA approves revisions to attestation engagement rules
The AICPA's Auditing Standards Board has approved revisions to the rules for attestation engagements to align them with the AICPA's quality management standards.
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IRS warns of new tax scams spread by social media
The IRS is cautioning consumers to beware of tax scams and inaccurate advice on social media that prompted thousands of taxpayers to file inflated refund claims during the past tax season.
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IRS reduces fees for PTINs
The IRS published final regulations on Tuesday, May 14, that officially lower the fees for new and renewed preparer tax identification numbers (PTINs).
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PCAOB approves new quality control standards
The PCAOB on Monday, May 13, adopted a pair of foundational auditing standards with ties to AICPA standards.
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WICPA announces 2024 Excellence Awards recipients
The WICPA announced its 2024 Excellence Awards recipients during the annual WICPA Member Recognition & Annual Business Meeting on Thursday, May 9.
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SEC proposal calls for investment advisors to ID customers
A new rule proposal from the SEC would require certain investment advisors to verify the identity of their customers to protect against illicit financial activity.