Companies Rush to Market Only to See Deals Falter Over Financial Reporting Gaps
A growing wave of retirement-age business owners is heading for the exit—and private equity firms are knocking harder than ever. …
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 …
‘No Tax on Tips’ Regs Proposed, Hearing Scheduled
The IRS released proposed regs implementing the “no tax on tips” provision of the One Big Beautiful Bill (OBBBA), outlining …
SEC to Revisit Semiannual Reporting After Trump’s Call for Change
As part of his goal to “make IPOs great again,” Securities and Exchange Commission (SEC) Chair Paul Atkins on September …
House Panel Revisits Sarbanes-Oxley as Smaller Companies Cite Rising Burdens
As Republican lawmakers seek to reduce compliance burdens for public companies, Section 404(b) of the Sarbanes-Oxley Act of 2002 was …
US Regulator Fines Dutch Affiliates of Deloitte, EY, PwC $8.5M for Widespread Exam Cheating
The U.S. Public Company Accounting Oversight Board (PCAOB) fined the Netherlands affiliates of Deloitte, Ernst & Young, and PricewaterhouseCoopers a …
IRS Offers ‘Simplified’ Corporate Alternative Minimum Tax Calculation Method
The IRS issued new interim guidance for the corporate alternative minimum tax (CAMT) enacted nearly three years ago in the …
Treasury Seeks Pause in Corporate Transparency Act Case
After dialing back the Corporate Transparency Act’s beneficial ownership information reporting requirements last month, the Treasury Department is now moving …
AICPA Issues Clarification on Financial Statement Standards for Client Advisory Services
The AICPA on April 7, 2025, published Statement on Standards for Accounting and Review Services (SSARS) No. 27, Applicability of …
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 …