Ways and Means Looking to Curb Pandemic Related Fraud Federal agencies did not strategically manage fraud risks and were not adequately prepared to prevent fraud tied to COVID-19 relief …
Senate Finance Grills IRS Chief Counsel Nominee The Biden Administration nominee to serve as IRS Chief Counsel underwent critical questioning by Republican members of the Senate Finance …
IRS Forming Backup Plans as Government Shutdown Nears The IRS is forming contingency plans as the likelihood of a government shutdown approaches, the union representing Treasury and IRS …
Government Shutdown Looms as Funding Solution Remains Elusive With just 11 days left to avoid a shutdown, House Speaker Kevin McCarthy, Republican of California, remains at odds with …
Finance Committee to Markup Bill Ending Double-Taxation between U.S. and Taiwan Senate Finance Committee Chair Ron Wyden, Democrat of Oregon, has announced plans to convene a business meeting on September 14, …
Ways and Means Seeks Input on Questionable EO Activities The Committee on Ways and Means is conducting an investigation into whether entities that qualify as tax-exempt under Code Sec. 501 are …
SEC Plans to Adopt 25 Rules in 2024 The SEC is planning to adopt 25 rules in 2024, according to the so-called Reg Flex Agenda, which lists planned …
PCAOB’s Investor Panel to Present Best Critical Audit Matters The Public Company Accounting Oversight Boards’s (PCAOB) Investor Advisory Group (IAG) will meet on September 26, 2024, to discuss four …
KPMG Supports Alternative CPA Paths to Address Accountant Shortage KPMG LLP has become the first among the Big Four accounting firms to publicly support swapping the extra 30-hour academic …