Featured News
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U.S. consumers more optimistic about economy, jobs
U.S. consumer confidence unexpectedly improved in March as Americans grew more optimistic about the outlook for business conditions and the labor market.
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PCAOB proposes updated standards, faster audit filing
The PCAOB is seeking feedback on a proposal focused on modernizing core auditing principles and responsibilities for public companies.
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Small businesses weigh banking options amid bank turmoil
Small businesses are weighing their banking options following the collapse of Silicon Valley Bank and Signature Bank.
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FASB issues update to leases guidance
FASB released an amendment to an Accounting Standards Update designed to improve leases guidance on related party arrangements between entities under common control.
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Turning tax season into opportunity season
Brief client meetings that happen only once a year are ideal opportunities to strengthen your firm’s client relationships.
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IRS revises Form 1099-K FAQ
In an updated FAQ webpage, the IRS offers more clarification for handling issues related to Form 1099-K.
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FASB proposes changes to crypto accounting, disclosure
FASB is seeking comments on a proposed Accounting Standards Update (ASU) intended to improve the accounting for and disclosure of certain crypto assets.
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SEC moves toward requiring electronic filings
The SEC has proposed amendments that would require registrants to file a number of submissions electronically.
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IRS sets initial guidance on NFTs, seeks feedback
The IRS and Treasury are leaning toward treating NFTs as a collectible for tax purposes in new initial guidance.
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Fed hikes rates by a quarter percentage point
The Federal Reserve has enacted a quarter percentage point interest rate increase, expressing caution about the recent banking crisis and indicating that hikes are nearing an end.