Featured News
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Firms see opportunity as ESG reporting, assurance levels rise
More large companies than ever are reporting ESG data and obtaining assurance, according to a global survey, prompting audit firms to position themselves for an increased role.
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Suggesting outside financial help to family businesses
As a family business grows, it’s important to consider a financial executive that is not a member of the family to guide the path toward long-term, sustainable growth.
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PCAOB ramps up enforcement activity, report finds
The PCAOB significantly increased its enforcement activity in 2022, levying record-setting fines and generally signaling a tougher approach to the oversight of auditing firms.
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New PCPS tool aims to motivate staff during busy season
The 2023 PCPS Busy Season Fun Calendar features dozens of activities that can help team members relax and reflect, recharge and refuel.
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AICPA recommends 12 digital assets FAQs to IRS
The AICPA has suggested questions and answers the IRS could post to assist taxpayers and practitioners in answering the question about digital assets that appears on Form 1040.
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Treasury, IRS finalize e-filing rules for businesses
Treasury and the IRS have released final regulations on electronic filing requirements, as part of efforts to implement the Taxpayer First Act of 2019.
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Accounting firms zeroing in on efficiencies, report finds
Operational efficiency claimed the top spot for priorities of accounting firms and tax leaders in the year ahead, according to a new report.
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Guidance offered on corporate AMT for insurers
The IRS and Treasury released new interim guidance for insurance companies ahead of issuing upcoming proposed regulations on the corporate alternative minimum tax (CAMT) of 15%.
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Taxpayers can now upload more documents to IRS
Taxpayers who receive certain notices requiring them to send information to the IRS now have the option of submitting their documents online through IRS.gov.
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Print function now available for M-Forms, DOR says
The Wisconsin Department of Revenue (DOR) has announced the print functionality of its 2023 manufacturing assessment returns (M-Forms).