AICPA

Nearly Half of Americans Say ID Theft Likely to Cause Them Financial Loss in the Next Year: AICPA Survey

Press Release: Harris Poll conducted a survey for the AICPA to gauge Americans’ feelings on data breaches and to see how they are impacting their actions.
Published on April 3, 2018

AICPA Says Taxpayers Need Immediate Guidance about Meals and Entertainment Deductions
 Press Release: The TCJA disallowed deductions for many common business expenses. Taxpayers need guidance from IRS in order to comply on their 2018 tax returns and financial statements.
Published on April 2, 2018

AICPA Hosts Webcast about Advancing Women in the Accounting Profession
Media Advisory: The AICPA is hosting a webcast highlighting diversity and inclusion initiatives and featuring a discussion on a variety of strategies for advancing women’s careers.
Published on March 29, 2018

CBO

Cost Estimate
S. 186, Fair RATES Act
April 2, 2018

Cost Estimate
H.R. 4177, PREPARE Act of 2017
March 29, 2018

Cost Estimate
H.R. 5253, Office of Government Information Services Empowerment Act of 2018
March 28, 2018

Cost Estimate
S. 2178, Inspector General Recommendation Transparency Act of 2018
March 28, 2018

Cost Estimate
H.R. 1109, an act to amend section 203 of the Federal Power Act
March 28, 2018

Cost Estimate
H.R. 2683, Protecting Veterans Credit Act of 2018
March 28, 2018

Cost Estimate
H.R. 520, National Strategic and Critical Minerals Production Act
March 28, 2018

Cost Estimate
H.R. 3179, Transparency and Accountability for Business Standards Act
March 28, 2018

Cost Estimate
H.R. 4744, Iran Human Rights and Hostage-Taking Accountability Act
March 28, 2018

Cost Estimate
H.R. 4681, No Assistance for Assad Act
March 28, 2018

Cost Estimate
H.R. 5089, Strengthening Local Transportation Security Capabilities Act of 201
March 26, 2018

FASB

Financial Accounting Standards Advisory Council Meeting Recap—March 20, 2018
March 26, 2018

Not-for-Profit Advisory Committee Meeting Recap—March 12-13, 2018
March 22, 2018

GAO 

Ebola Recovery:
USAID Has Initiated or Completed Most Projects, but a Complete Project Inventory Is Still Needed for Evaluating Its Efforts
GAO-18-350:Published: Mar 28, 2018. Publicly Released: Mar 28, 2018.

Food and Drug Administration:
Information on Mifeprex Labeling Changes and Ongoing Monitoring Efforts
GAO-18-292:Published: Mar 28, 2018. Publicly Released: Mar 28, 2018.

Technology Assessment:
Artificial Intelligence: Emerging Opportunities, Challenges, and Implications
GAO-18-142SP:Published: Mar 28, 2018. Publicly Released:

Defense Health Care:
TRICARE Surveys Indicate Nonenrolled Beneficiaries' Access to Care Has Generally Improved
GAO-18-361:Published: Mar 29, 2018. Publicly Released: Mar 29, 2018.

DOD Contracted Services:
Long-Standing Issues Remain about Using Inventory for Management Decisions
GAO-18-330:Published: Mar 29, 2018. Publicly Released: Mar 29, 2018.

Border Security:
Actions Needed to Strengthen Performance Management and Planning for Expansion of DHS's Visa Security Program [Reissued with Revisions Mar. 29, 2018]
GAO-18-314:Published: Mar 20, 2018. Publicly Released: Mar 27, 2018.

Physician Workforce:
HHS Needs Better Information to Comprehensively Evaluate Graduate Medical Education Funding
GAO-18-240:Published: Mar 9, 2018. Publicly Released: Mar 29, 2018.

Defense Budget:
Actions Needed to Improve the Management of Foreign Currency Funds
GAO-18-221:Published: Apr 3, 2018. Publicly Released: Apr 3, 2018.

2017 Lobbying Disclosure:
Observations on Lobbyists' Compliance with Disclosure Requirements
GAO-18-388:Published: Mar 30, 2018. Publicly Released: Mar 30, 2018.

Patient-Centered Outcomes Research Institute:
Review of the Audit of the Financial Statements for Fiscal Year 2017
GAO-18-423R:Published: Mar 30, 2017. Publicly Released

GASB

GASB Establishes New Guidance on Debt Disclosures, Addresses Direct Borrowings and Direct Placements  [04/02/18]
Media Advisory

IRS

Join the Taxpayer Advocacy Panel and help improve the IRS
IR-2018-84, April 3, 2018 — The IRS seeks civic-minded volunteers to serve on the TAP, a federal advisory committee that listens to taxpayers, identifies major taxpayer concerns and makes recommendations for improving IRS service and customer satisfaction.

Time is running out to file 2014 tax returns worth $1 billion in refunds
IR-2018-83, April 3, 2018 — The IRS is reminding an estimated 1 million taxpayers that time is running out to file a 2014 tax return and claim refunds totaling more than $1 billion.

IRS issues guidance on business interest expense limitations
IR-2018-82, April 2, 2018 ― The Treasury Department and the IRS today issued Notice 2018-28, which provides guidance for computing the business interest expense limitation under recent tax legislation enacted on Dec. 22, 2017.

IRS Issues Guidance on Withholding on the Transfer of Partnership Interests by Foreign Persons
IR-2018-81, April 2, 2018 ―The Treasury Department and the IRS today issued guidance regarding the withholding on the transfer of non-publicly traded partnership interests under the recently enacted Tax Cuts and Jobs Act. 

IRS urges ‘Paycheck Checkup’ for key groups; tax withholding may need adjustment
IR-2018-80, April 2, 2018 — The IRS today encouraged several key groups of taxpayers to perform a “paycheck checkup” to check if they are having the right amount of tax withholding following recent tax-law changes.

IRS Issues Additional Guidance on Transition Tax on Foreign Earnings
IR-2018-79, April 2, 2018 - The Treasury Department and the Internal Revenue Service today provided additional guidance (Notice 2018-26) for computing the “transition tax” on the untaxed foreign earnings of foreign subsidiaries of U.S. companies under the Tax Cuts and Jobs Act enacted on Dec. 22, 2017.

Tax Time Guide: ‘Where’s My Refund?’ online tool answers commonly asked question
IR-2018-78, March 29, 2018 — The IRS today said that most tax refunds are issued in less than 21 days, although some may take longer.

IRS releases Data Book for 2017 showing range of tax data, including audits, collection actions and taxpayer service
IR-2018-77, March 29, 2018 — The IRS today released the 2017 IRS Data Book, a snapshot of agency 

NYC Dept. of Finance 

March 29, 2018
Finance Memoranda #18-3  June 1, 2018 Deadline for Limited Withdrawal of the Commonly Owned Group Election Made on a Tax Year 2015 or 2016 Combined Return

NYS Dept. of Taxation and Finance

Two Extra Days to File with Tax Day on April 17

NYS Tax Department Announces More Opportunities for Capital Region Taxpayers to Obtain Free Tax Filing Assistance

NYS Tax Department Announces More Opportunities for Taxpayers to Obtain Free Tax Filing Assistance in New York City

NYS Tax Department Announces More Opportunities for Western New York Taxpayers to Obtain Free Tax Filing Assistance

SEC

SEC Promotes Investor Awareness During National Financial Capability Month
Washington D.C., April 3, 2018 — As part of National Financial Capability Month, the Securities and Exchange Commission's Office of Investor Education and Advocacy (OIEA) is encouraging investors to go to Investor.gov to learn about the importance of saving and investing early, and to check out their investment professional before investing

SEC Halts Fraudulent Scheme Involving Unregistered ICO
Washington D.C., April 2, 2018 — The Securities and Exchange Commission today charged two co-founders of a purported financial services start-up with orchestrating a fraudulent initial coin offering (ICO) that raised more than $32 million from thousands of investors last year.  Criminal authorities separately charged and arrested both defendants.  

SEC Charges Prominent Pastor, Financial Planner in Scheme to Defraud Elderly Investors
Washington D.C., March 30, 2018 — The Securities and Exchange Commission yesterday charged the pastor of one of the largest Protestant churches in the country and a self-described financial planner in a scheme to defraud elderly investors by selling them interests in defunct, pre-Revolutionary Chinese bonds.