Featured News
-
Tax pros urged to identify signs of data theft
The IRS is urging tax professionals to learn and identify the signs of data theft so they can respond quickly to protect their clients.
-
IRS proposal targets monetized installment sales
The IRS and Treasury issued proposed regulations on Thursday, Aug. 3, that identify certain monetized installment sale deals as listed transactions.
-
Embracing cloud tech to meet growing client demands
Efficient cloud-based technology is essential to managing staffing issues and meeting growing client expectations.
-
PCAOB seeks nominations for advisory groups
The PCAOB is seeking nominations for members of its Investor Advisory Group and Standards and Emerging Issues Advisory Group.
-
IRS offers guidance on home energy tax credit
The IRS published information on how taxpayers can claim the energy-efficient home improvement credit under the Inflation Reduction Act.
-
FASB proposes improvements to income statement expenses
FASB is seeking comments on a proposed Accounting Standards Update (ASU) intended to provide investors with more information regarding a public business entity's expenses.
-
IRS to digitize tax filing process by 2025
The IRS plans to digitize the tax filing process by 2025, allowing taxpayers to digitally submit all documents and correspondence.
-
New advisory group to focus on accounting talent shortage
The AICPA has formed an advisory group of accounting stakeholders that will help to shape a strategy to address the profession’s talent shortage.
-
Deadlines set for BEC section, new CPA Exam
NASBA has provided the deadlines for applying to take the current BEC section of the CPA Exam as well as the first-day application dates for the new CPA Exam disciplines.
-
IRS seeks input on dispute resolution programs
The IRS is seeking public input on improvements to certain post-filing alternative dispute resolution (ADR) programs currently offered to taxpayers.