Earned Wage Access Raises Renewed Questions Under IRS Constructive Receipt Rules
Earned wage access (EWA) programs allow employees to draw a portion of wages already earned before a scheduled payday and …
PCAOB Investor Advisory Group Seeks Nominations for Best Critical, Key Audit Matters in 2025 Filings
For the third year in a row, the Public Company Accounting Oversight Board (PCAOB) Investor Advisory Group (IAG) is inviting the public …
Wyden Refers Puerto Rico Tax Incentive Probe to IRS
Senate Finance Committee Ranking Member Ron Wyden (D-OR) has formally referred information from his committee’s investigation into the abuse of …
AI Spending Puts a New Question in Deal Talks: Expense or Investment?
Artificial intelligence is giving some baby boomer business owners one more reason to sell: They don’t want to deal with …
Tax Practitioner Warns of AI Accuracy, Privacy Risks
While AI can be a powerful tool, tax practitioners should always verify the accuracy of AI-generated output and take steps …
Temporary Dyed Fuel Refund Regs Issued, IRS Seeks Comments
The IRS issued guidance for taxpayers to recover federal excise tax paid on clear diesel fuel or kerosene that is …
In Accounting, Tough Review Is Part of the Job. But How Tough Is Too Tough?
Shayne Kuhaneck still remembers the review that could have ended his accounting career before it really started. Nearly 20 years …
Dems Oppose Treasury on Partnership Rules, Refundable Credits
Democratic lawmakers sent separate letters to Treasury Secretary Scott Bessent on April 21, 2026, opposing two Treasury Department proposals: one …
PCAOB Chairman Logothetis Plans Overhaul of Audit Inspections to Protect Investors
Emphasizing that the audit inspection program is the most important aspect of the Public Company Accounting Oversight Board (PCAOB), new Chairman …
Do HIPAA Notices of Privacy Practices Need to Be Updated to Address Part 2 Records?
QUESTION: Our company sponsors a group health plan with several vendors (a third-party administrator, care management vendor, and behavioral health vendor). …