Inside Tax-exempt Status Audits, Revocation Challenges
A panel of tax law experts and Tax Court judges at the American Bar Association (ABA) Virtual Fall Tax Conference …
AICPA Issues Technical Q&As on Technology Use in Financial Statement Audits
The AICPA on October 23, 2025, published technical questions and answers (TQA) section 8400, Use of Technology in an Audit …
Transfer Pricing Expert: ‘Prepare Now’ for Best Chance to Avoid Scrutiny
The IRS may be operating at a limited capacity this year, but that does not mean companies should put any …
Preliminary Inspection Results Show Improvement for Large Audit Firms This Year, PCAOB Acting Chair Says
In a bit of good news, the quality of public company audits by the largest accounting firms continues to improve, …
ERC in 2025: New Rules, Old Problems—Experts Warn of Audits, Fraud, and the Lingering Legacy of Pandemic Relief
The Employee Retention Credit (ERC) was introduced in March 2020 as part of the CARES Act, alongside the Paycheck Protection …
E-Verify In 2025: What Employers Need to Know About Federal and State Compliance
E-Verify, the federal electronic employment verification system, continues to be a focal point in U.S. hiring compliance. While federally voluntary …
Will the SEC Replace the Entire PCAOB Board—Again?
Now that the Securities and Exchange Commission (SEC) is seeking candidates to serve as Public Company Accounting Oversight Board (PCAOB) …
SEC Chief Atkins Ousts Williams as PCAOB Chair Amid Regulatory Shift
Erica Williams is stepping down as chair of the Public Company Accounting Oversight Board (PCAOB) next week, the board said …
New SEC Leadership Will Likely Exempt More Companies From Section 404(b)
While not explicitly saying at what size a public company should begin to have its external auditor attest to management’s …
Paul Atkins Moves Closer to Becoming SEC Chair as Senate Panel Advances His Nomination
The Senate Banking Committee on April 3, 2025, voted 13 to 11 to advance the nomination of Paul Atkins to …