SEC Plans to Finalize Two Dozen Rules in 2023
The SEC’s most recent update to its rulemaking agenda shows that the commission is planning to finalize 24 proposed rules, …
2023 Version of Employer’s Tax Guide to Fringe Benefits Released
The IRS has released the 2023 final version of its Publication 15-B (The Employer’s Tax Guide to Fringe Benefits). The “What’s New” …
National Taxpayer Advocate: Same Problems Plague IRS, But Future Is Hopeful
In her 2022 Annual Report to Congress, National Taxpayer Advocate Erin Collins again raised familiar issues the IRS has faced since …
House Passes Measure Clawing Back Nearly $80 Billion from IRS
The House of Representatives on January 10 approved a measure that would rescind almost all the $80 billion provided by …
Supreme Court Grants Solicitor General More Time on Potential Jarkesy Petition
The U.S. Supreme Court on January 6, 2023, granted U.S. Solicitor General Elizabeth Prelogar a nearly month-long extension to appeal …
Republican Rep. Smith of Missouri to Chair Ways and Means
Representative Jason Smith of Missouri on January 9 beat out fellow Republicans Florida Representative Vern Buchanan and Nebraska Representative Adrian …
Idaho Sets Indexed Personal Income Tax Rate Brackets for Tax Year 2022
by Jennifer J. Troyer The Idaho State Tax Commission (Commission) has issued the inflation-adjusted personal income tax rate bracket schedule …
AICPA Publishes Blueprints for New CPA Exams
The AICPA on Jan. 4, 2023, unveiled updated Uniform CPA Examination® Blueprints. This is the official document of content eligible …
Speaker Impasse Halts Congressional Activity, Including IRS Services
The lack of a House Speaker has prevented the chamber from carrying out its normal functions, including constituent services dealing …
Republican House Conservatives Threaten Debt Limit Default to Cut Social Programs
At some point in 2023 Congress will need to address the debt limit and several leading GOP House members are …