Chief Counsel Discusses Automatic Revocation of Exemption and Notification Requirement In a legal advice, the IRS’s Chief Counsel has addressed Whether the automatic revocation of exemption provisions apply to exempt …
FASB Plans to Require More Detailed Disclosures of Income Statement Expenses The Financial Accounting Standards Board (FASB) last week made some significant decisions to provide investors more insight into corporations’ income …
Oklahoma Adopts and Amends Regulations Affecting Various Tax Types by Rebecca Helmes The Oklahoma Tax Commission (OTC) published various new and amended regulations, effective September 11, 2022, that implement …