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 …
Regulators Put Long Overdue Dodd-Frank Incentive Compensation Rulemaking on Short-Term Agenda When the SEC in mid-June unveiled its semi-annual update to the rulemaking agenda, an unfinished Dodd-Frank executive compensation rule was …
PCAOB Chair Williams: Rising Audit Deficiency Rates are ‘Unacceptable’ Public Company Accounting Oversight Board (PCAOB) Chair Erica Williams urged accounting firms to do a better job of auditing public …
Auditors Gear Up for Fight as PCAOB Brings Back Critical Audit Matters to Research Agenda Some of the key players in the auditing profession are already gearing up for a potential standard-setting fight on the …