Second Billionaire Sues Over IRS Data Leak
Update: This article was revised to add a statement from Booz Allen. Following the sentencing of a former IRS contractor …
Update: This article was revised to add a statement from Booz Allen. Following the sentencing of a former IRS contractor …
The Supreme Court’s looming decision in SEC v. Jarkesy has reignited discussion over “right to remove,” a decades-old concept in which the …
The FASB’s trustees are pressing for firms to submit comments about the effectiveness of the Private Company Council (PCC), the …
The IRS has the statutory authority to assess penalties for failing to report control of foreign businesses, the DC Circuit …
The Securities and Exchange Commission (SEC) staff on May 3, 2024, issued a statement to assist public companies that were …
The Public Company Accounting Oversight Board (PCAOB) on April 30, 2024, published a staff report about how a root cause …
Private companies still find the accounting rules for debt modifications and extinguishments tough to understand, even with educational material the …
A year after releasing its game plan on how it intends to spend additional funding from the Inflation Reduction Act …
The IRS released drafts of Form 941-X and its instructions with an April 2024 revision date. Form 941-X. Employers use Form 941-X to correct …
Despite Tax Cuts and Jobs Act (TCJA; PL 115-97) provisions that are set to expire, Treasury Secretary Janet Yellen told the House …
Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales and Computer Employees, 29 CFR Part 541, 89 Fed. …
The Government Accountability Office (GAO) released a report addressed to IRS Commissioner Danny Werfel which “is intended for IRS management’s …
Companies will need to pursue business model changes aggressively to attract and retain top CPA talent, especially amid staff shortages, …
Five lawmakers have submitted an amicus brief arguing that an Alabama federal district court wrongly found the Corporate Transparency Act (CTA) — …
Tax practices seeking to begin developing an artificial intelligence (AI) strategy should understand their end goals and limitations from the …
By Denis Del Bene Alabama has enacted legislation amending the due date for an Alabama pass-through entity to make an …
An independent survey conducted during and immediately after the 2023 tax filing season to gauge public opinion on the IRS-run …
The Public Company Accounting Oversight Board’s (PCAOB) Investor Advisory Group (IAG) is formally seeking the public’s nominations for the “most …