SEC examines PCAOB’s audit inspections, citing industry concerns, other reasons
The Securities and Exchange Commission (SEC) initiated an examination of the Public Company Accounting Oversight Board’s (PCAOB) audit firm inspection …
Stock sweeteners for departing employees would face stricter accounting under new proposal
Six days after the Financial Accounting Standards Board floated a rule change on how companies must account for modified stock …
Senators decry Treasury refusal to amend private jet valuation rule
A group of senators criticized the Treasury Department for refusing to amend the Standard Industry Fare Level (SIFL) valuation rules …
If a Group Health Plan’s Business Associate Provides HIPAA Breach Notices, Must the Plan Also Send Notices?
QUESTION: A HIPAA business associate for our company’s group health plan experienced a breach of participants’ unsecured PHI and is preparing …
Bipartisan duo seek to ensure nonprofit status does not constitute ‘government handout’
A new bipartisan bill aims to ensure tax-exempt status does not equate to a federal government grant or subsidy. Proponents …
Multistate Monitor — As states decouple from OBBB, expert explains how to address now-incorrect tax estimates
A tax pro explained how taxpayers can handle state tax underpayments resulting from retroactive changes after the One Big Beautiful …
Groups urge Tax Court to halt interest on pre-COVID debts
Business and taxpayer advocacy groups have filed a series of amicus briefs urging the Tax Court to rule that interest …
New IRS easement office ought to prioritize faster settlements, expert says
The IRS’ creation of an Office of Conservation Easements marks a change in how the agency resolves thousands of easement …
Republicans hesitant on AI taxes, says expert
Amid competitiveness concerns and fundamental questions about tax structure, one expert said congressional Republicans have been largely quiet about a …
SEC nears proposal to scale back executive compensation disclosures
The Securities and Exchange Commission (SEC) is very close to issuing a proposal that would cut back executive compensation disclosure …