Trusted Professional

Regulatory Roundup - Dec. 14 - Jan. 3

AICPA

AICPA Honors Alan Sobel with Special Recognition Award
AICPA has honored Alan Sobel with its Special Recognition Award for his leadership in a new law in New Jersey – the Pass-Through Business Alternative Tax Act.
December 16, 2021

Applications Open for Nearly $1 million in AICPA Scholarships
The AICPA is accepting applications for scholarships intended to strengthen the future of the profession and assure a solid pipeline of promising young CPAs.
December 14, 2021

CBO

Cost Estimate
H.R. 2385, Justice for Women Veterans Act
December 22, 2021
As ordered reported by the House Committee on Veterans’ Affairs on November 4, 2021

Cost Estimate
H.R. 4693, Global Malnutrition Prevention and Treatment Act of 2021
December 22, 2021
As ordered reported by the House Committee on Foreign Affairs on July 29, 2021

Cost Estimate
S. 1965, Planning for Aging Veterans Act of 2021
December 22, 2021
As ordered reported by the Senate Committee on Veterans’ Affairs on July 28, 2021

Cost Estimate
S. 2322, CTPAT Pilot Program Act of 2021
December 22, 2021
As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on November 3, 2021

Report
Budgetary Effects of Making Specified Policies in the Build Back Better Act Permanent
December 21, 2021
In a response to Congressman Palmer, CBO summarizes its recent analysis of the costs of making permanent some of the policies in the Build Back Better Act.

Cost Estimate
H.R. 2916, VA Medicinal Cannabis Research Act of 2021
December 21, 2021
As ordered reported by the House Committee on Veterans’ Affairs on November 4, 2021

Cost Estimate
Estimated Budgetary Effects of Title II, Committee on Health, Education, Labor, and Pensions, for the Senate Amendment to H.R. 5376, the Build Back Better Act
December 20, 2021
As Posted on the Website of the Senate Democratic Leadership on December 11, 2021

Cost Estimate
Estimated Budgetary Effects of Title VII, Committee on Energy and Natural Resources, for the Senate Amendment to H.R. 5376, the Build Back Better Act
December 17, 2021
As Posted on the Website of the Senate Democratic Leadership on December 17, 2021

Cost Estimate
Estimated Budgetary Effects of Title III, Committee on Environment and Public Works, for the Senate Amendment to H.R. 5376, the Build Back Better Act
December 16, 2021
As Posted on the Website of the Senate Democratic Leadership on December 15, 2021

Cost Estimate
S. 2540, CISA Technical Corrections and Improvements Act of 2021
December 16, 2021
As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on November 3, 2021

Presentation
Using Survey Data for Tax Analysis
December 16, 2021
Using the earned income tax credit and child tax credit as examples, CBO describes how it supplements information from a sample of tax returns with data from the Current Population Survey when analyzing the effects of some tax policies.

Cost Estimate
H.R. 5412, Intelligence Authorization Act for Fiscal Year 2022
December 15, 2021
As reported by the House Permanent Select Committee on Intelligence on October 28, 2021

Report
How Specifications of the Reference Tax System Affect CBO’s Estimates of Tax Expenditures
December 15, 2021
To measure tax expenditures, the normal tax structure—the reference tax system—in which they represent special treatment must be defined. This report outlines how the reference tax system used by CBO affects its estimates of tax expenditures.

Working Paper
How Carbon Dioxide Emissions Would Respond to a Tax or Allowance Price: An Update: Working Paper 2021-16
December 14, 2021
CBO describes its recent update of parameters that characterize the relationship between emissions of carbon dioxide and changes in the price of those emissions.

Working Paper
Data and Methods for Constructing Synthetic Firms in CBO’s Health Insurance Simulation Model, HISIM2: Working Paper 2021-15
December 13, 2021
This paper discusses how CBO constructs “synthetic firms”—businesses composed of artificial groups of workers—used in the agency’s health insurance simulation model, or HISIM2, which underlies projections of insurance coverage.

Cost Estimate
H.R. 4673, Ensuring Veterans’ Smooth Transition Act
December 13, 2021
As ordered reported by the House Committee on Veterans’ Affairs on July 28, 2021

Cost Estimate
H.R. 4914, Havana Syndrome Attacks Response Act
December 13, 2021
As ordered reported by the House Committee on Foreign Affairs on October 21, 2021

Cost Estimate
S. 66, South Florida Clean Coastal Waters Act of 2021
December 13, 2021
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on June 16, 2021

Cost Estimate
Statutory Pay-As-You-Go Effects of S. 1605, The National Defense Authorization Act for Fiscal Year 2022
December 13, 2021
As Passed by the House of Representatives on December 7, 2021

FAF

Private Company Council  [12/22/21]
December 17, 2021 Meeting Recap

FASB

FASB Issues Two New Chapters of Its Conceptual Framework  [12/22/21]
Media Advisory
Concepts Statements
Video

Private Company Council  [12/22/21]
December 17, 2021 Meeting Recap

Joint Meeting of the Private Company Council (PCC) and the FASB's Small Business Advisory Committee (SBAC)  [12/22/21]
December 16, 2021 Meeting Recap

Small Business Advisory Committee  [12/20/21]
December 16, 2021 Meeting Recap

FASB Proposes to Enhance Transparency around Supplier Finance Programs  [12/20/21]
Media Advisory
Exposure Document

2022 GAAP Financial Reporting Taxonomy, SEC Reporting Taxonomy, and DQC Rules Taxonomy Now Available  [12/17/21]
Media Advisory

FASB Holds First Discussion on Agenda Consultation Feedback  [12/15/21]
Media Advisory

FASB Announces Winner of 2021 Emerging Scholar Award  [12/14/21]
Media Advisory

GAO

 

VA Community Living Centers
Opportunities Exist to Strengthen Oversight of Quality of Care
GAO-22-104027
Published: Nov 30, 2021.
Publicly Released: Dec 30, 2021.
VA provides care to about 9,000 veterans in 134 VA-operated nursing homes, called "community living centers." For oversight, VA conducts unannounced inspections and tracks quality measures (such as the percentage of residents with a fall) and nurse staffing levels.

Community Living Centers
VA Needs to Strengthen Its Approach for Addressing Resident Complaints
GAO-22-105142
Published: Nov 30, 2021.
Publicly Released: Dec 30, 2021.
We examined how VA handles complaints about the quality of care at VA nursing homes, called community living centers. Residents can lodge complaints with staff or patient advocates at associated VA medical centers.
Released on Dec. 27, 2021

Real Estate Appraisals
Most Residential Mortgages Received Appraisals, but Waiver Procedures Need to Be Better Defined
GAO-22-104472
Published: Nov 24, 2021.
Publicly Released: Dec 27, 2021.
While automated tools to assess home values are becoming more common, federally regulated banks and credit unions still obtain appraisals from state-credentialed appraisers for most home loans to protect themselves and borrowers.
Released on Dec. 23, 2021

Trafficking and Money Laundering
Strategies Used by Criminal Groups and Terrorists and Federal Efforts to Combat Them
GAO-22-104807
Published: Dec 23, 2021.
Publicly Released: Dec 23, 2021.
We reviewed how transnational criminal organizations and terrorist groups traffic goods such as illegal drugs, engage in human trafficking, and launder money. We also looked at the information sharing used to help detect these activities.
Released on Dec. 22, 2021

Space Command and Control
Opportunities Exist to Enhance Annual Reporting
GAO-22-104685
Published: Dec 22, 2021.
Publicly Released: Dec 22, 2021.
DOD relies on space- and ground-based systems for command and control of satellites and other space assets. Commanders rely on these systems to reduce risks, e.g., from adversaries or space debris.
Released on Dec. 21, 2021

Military Air Support
DOD Has Increased Its Use of Contracts to Meet Training Requirements
GAO-22-104475
Published: Dec 21, 2021.
Publicly Released: Dec 21, 2021.
The Department of Defense hires private companies to provide "enemy" aircraft for U.S. military training. DOD awarded almost $8.4 billion for these air support contracts in FY 2015 through 2020. We found contract awards for air support have increased since FY 2015.

COVID-19
Agencies Are Taking Steps to Improve Future Use of Defense Production Act Authorities
GAO-22-105380
Published: Dec 16, 2021.
The Defense Production Act allows federal agencies to require companies to prioritize government contracts for medical supplies to address national emergencies, like COVID-19. Federal agencies have used DPA authorities to expand production of COVID-related medical supplies.

Mortgage Lending
Use of Alternative Data Is Limited but Has Potential Benefits
GAO-22-104380
Published: Nov 16, 2021.
Publicly Released: Dec 16, 2021.
Mortgage lenders generally use credit scores to determine how risky it is to lend to a potential borrower.

DHS Privacy
Selected Component Agencies Generally Provided Oversight of Contractors, but Further Actions Are Needed to Address Gaps
GAO-22-104144
Published: Dec 16, 2021.
Publicly Released: Dec 16, 2021.
The Department of Homeland Security and its contractors collect and maintain large amounts of personally identifiable information (PII)—such as a person's date of birth and social security number. DHS has developed policies to ensure that its contractors protect PII.

Special Operations Forces
Additional Actions Needed to Effectively Manage the Preservation of the Force and Family Program
GAO-22-104486
Published: Dec 16, 2021.
Publicly Released: Dec 16, 2021.
For nearly 2 decades, DOD has increased its reliance on Special Operations Forces, pushing some to the limits of their physical and mental well-being. To help special forces and their families, Special Operations Command established the Preservation of the Force and Family program in 2013.

Federal Spending Transparency
Opportunities Exist for Treasury to Further Improve USAspending.gov's Use and Usefulness
GAO-22-104127
Published: Dec 16, 2021.
Publicly Released: Dec 16, 2021.
Government spending data is available at USAspending.gov for website users to search, download, and analyze. The Treasury Department has actively collected feedback from site users, including through usability testing, and has made changes.

Bank Secrecy Act
Views on Proposals to Improve Banking Access for Entities Transferring Funds to High-Risk Countries
GAO-22-104792
Published: Dec 16, 2021.
Publicly Released: Dec 16, 2021.
Money transfer companies and charitable nonprofits use banks to transfer funds, sometimes to countries at high risk of money laundering and other financial crimes.

Advanced Manufacturing
Innovation Institutes Report Technology Progress and Members Report Satisfaction with Their Involvement
GAO-22-103979
Published: Dec 16, 2021.
Publicly Released: Dec 16, 2021.
To help improve the United States' manufacturing competitiveness, the Departments of Commerce, Defense, and Energy provided $1.7 billion for Manufacturing USA—a network of 16 advanced manufacturing institutes.

Open Data
Additional Action Required for Full Public Access
GAO-22-104574
Published: Dec 16, 2021.
Publicly Released: Dec 16, 2021.
Federal data that is open—publicly accessible and free to use, modify, and share—is key for government transparency.

Maritime Infrastructure
Public Ports Engage in an Extensive Range of Activities beyond Freight Movement
GAO-22-104630
Published: Dec 15, 2021.
Publicly Released: Dec 15, 2021.
Coastal, Great Lakes, and inland ports are critical to the U.S. economy. Aside from moving freight, ports across the U.S. have a variety of non-freight activities—like cruise ship and ferry terminals, commercial fishing, recreation, and commercial and residential development.

Offshore Oil Spills
Additional Information is Needed to Better Understand the Environmental Tradeoffs of Using Chemical Dispersants
GAO-22-104153
Published: Dec 15, 2021.
Publicly Released: Dec 15, 2021.
In 2010, an explosion on an oil rig in the Gulf of Mexico resulted in 11 deaths and the largest oil spill in U.S. history. Responders applied chemical dispersants to the surface oil slick—to break oil into smaller droplets.

Law Enforcement
Federal Agencies Should Improve Reporting and Review of Less-Lethal Force
GAO-22-104470
Published: Dec 15, 2021.
Publicly Released: Dec 15, 2021.
Federal agencies deployed law enforcement and other personnel during protests following George Floyd's death. Many used less-lethal force—tactics and weapons that are not intended to cause death or serious injury, such as tear gas and rubber bullets.

Disaster Recovery
Additional Actions Needed to Identify and Address Potential Recovery Barriers
GAO-22-104039
Published: Dec 15, 2021.
Publicly Released: Dec 15, 2021.
Some disaster survivors—specifically people living in low-income neighborhoods or rural isolated areas, people of color, and people with disabilities—have problems accessing disaster assistance programs and recovery resources.

Law Enforcement
Federal Agencies Should Improve Reporting and Review of Less-Lethal Force
GAO-22-104470
Published: Dec 15, 2021.
Publicly Released: Dec 15, 2021.
Federal agencies deployed law enforcement and other personnel during protests following George Floyd's death. Many used less-lethal force—tactics and weapons that are not intended to cause death or serious injury, such as tear gas and rubber bullets.

Science & Tech Spotlight
Deep-Sea Mining
GAO-22-105507
Published: Dec 15, 2021.
Publicly Released: Dec 15, 2021.
Deep-sea mining is the process of exploring the deep seabed and retrieving minerals like cobalt and manganese (used in things like rechargeable batteries, smartphones, and steel), as well as gold, nickel, and rare earth elements.

Refined Coal Production Tax Credit
Coordinated Agency Review Could Help Ensure the Credit Achieves Its Intended Purpose
GAO-22-104637
Published: Dec 15, 2021.
Publicly Released: Dec 15, 2021.
Since 2004, the federal government has offered a tax credit that supports the production of refined coal, which could help reduce air pollution. Producers claimed nearly $9 billion in these credits since 2010.

Military Hazing
DOD Should Address Data Reporting Deficiencies, Training Limitations, and Personnel Shortfalls
GAO-22-104066
Published: Dec 15, 2021.
Publicly Released: Dec 15, 2021.
The military services have a rich tradition of initiation ceremonies and rites of passage, but at times, they have included inappropriate or abusive behavior. According to DOD, hazing jeopardizes readiness and weakens trust within the ranks.

COVID-19
Selected States Modified Meal Provision and Other Older Americans Act Services to Prioritize Safety
GAO-22-104425
Published: Dec 15, 2021.
Publicly Released: Dec 15, 2021.
When vulnerable populations were encouraged to stay home during COVID-19, support services for older Americans—such as home-delivered meals—became even more important.

Military Child Care
Potential Costs and Impacts of Expanding Off-Base Child Care Assistance for Children of Deceased Servicemembers
GAO-22-105186
Published: Dec 14, 2021.
Publicly Released: Dec 14, 2021.
The Department of Defense subsidizes the cost of off-base child care through its fee assistance program. Currently, only spouses of servicemembers who die in combat-related incidents can receive this aid for their children.

IASB

January 2022 IFRS Advisory Council meeting papers available

December 2021 monthly news summary
21 December 2021

Call for new members to join the Global Preparers Forum in 2022
20 December 2021

The IFRS Foundation proposes changes to the IFRS Taxonomy 2021 to reflect an amendment to IFRS 17
16 December 2021

Emmanuel Faber appointed to lead the International Sustainability Standards Board
16 December 2021

Technical Readiness Working Group: Recommendations for consideration by the ISSB
14 December 2021

IFRS Foundation announces appointments to the Capital Markets Advisory Committee from 2022
13 December 2021

2023 IASB Research Forum—call for papers
13 December 2021

December 2021 IFRS for SMEs Update now available

December 2021 IASB podcast now available

December 2021 IASB Update available and work plan updated

Issue 25 of the Investor Update published

IRS

IRS reminder: For many employers and self-employed people, deferred Social Security tax payment due Jan. 3
IR-2021-256, December 27, 2021 — The Internal Revenue Service today reminded employers and self-employed individuals that chose to defer paying part of their 2020 Social Security tax obligation that a payment is due on January 3, 2022.

IRS issues information letters to Advance Child Tax Credit recipients and recipients of the third round of Economic Impact Payments; taxpayers should hold onto letters to help the 2022 Filing Season experience
IR-2021-255, December 22, 2021 — The Internal Revenue Service announced today that it will issue information letters to Advance Child Tax Credit recipients starting in December and to recipients of the third round of the Economic Impact Payments at the end of January. Using this information when preparing a tax return can reduce errors and delays in processing.

Hurricane Ida tax relief extended to February 15 for part or all of six qualifying states 
IR-2021-254, December 22, 2021 — Victims of Hurricane Ida in six states now have until February 15, 2022, extended from January 3, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today.

United States, Malta sign a competent authority arrangement (CAA) confirming pension fund meaning 
IR-2021-253, December 21, 2021 — The competent authorities of the United States and Malta signed a competent authority arrangement (CAA) confirming their understanding of the meaning of pension fund for purposes of the United States–Malta income tax treaty (Treaty). The competent authorities have entered into this agreement after becoming aware that U.S. taxpayers with no connection to Malta were misconstruing the pension provisions of the Treaty to avoid income tax on the earnings of, and distributions from, personal retirement schemes established in Malta. 

For Illinois and Tennessee tornado victims, IRS extends 2021 tax-filing deadline, other deadlines to May 16
IR-2021-252, December 20, 2021 — Victims of this month’s tornadoes in parts of Illinois and Tennessee will have until May 16, 2022, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today. This is the same relief already provided to storm victims in Kentucky.

IRS issues standard mileage rates for 2022
IR-2021-251, December 17, 2021 — The Internal Revenue Service today issued the 2022 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

IRS makes Tax Exempt Organization Search primary source to get exempt organization data
IR-2021-250, December 16, 2021 — The Internal Revenue Service announced today that the publicly available data it provides on electronically filed Forms 990 in a machine-readable format will be available solely on the Tax Exempt Organization Search webpage.

Families will soon receive their December advance Child Tax Credit payment; those not receiving payments may claim any missed payments on the upcoming 2021 tax return
IR-2021-249, December 15, 2021 — The Internal Revenue Service and the Treasury Department announced today that millions of American families will soon receive their final advance Child Tax Credit (CTC) payment for the month of December. 

For Kentucky tornado victims, IRS extends 2021 tax-filing deadline, other deadlines to May 16 
IR-2021-248, December 14, 2021 — Victims of this weekend’s tornadoes in Kentucky will have until May 16, 2022, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today.

IRS joins leading nonprofit groups to highlight special charitable tax benefit available through Dec. 31
IR-2021-247, December 13, 2021 — The Internal Revenue Service joined today with several leading nonprofit groups to highlight a special tax provision that allows more people to deduct donations to qualifying charities on their 2021 federal income tax return. 

NYC

Department of Finance Extends the Fine and Interest Reduction Enabling Recovery (FAIRER) Program
December 20, 2021

NYS

Acting Superintendent Adrienne A. Harris Announces DFS Requests New York Banks Waive Transfer Fees on Holocaust Reparation Payments
December 22, 2021

Acting Superintendent Adrienne A. Harris Announces Pacific Life Insurance Company to Pay $3 Million for Unlicensed Pension Risk Business
December 21, 2021

New York City Tax Preparers Caught Filing Fraudulent Tax Returns
December 14, 2021

SEC

Chair Gensler Announces Additions to Executive Staff
2021-270, Dec. 30, 2021 — The Securities and Exchange Commission today announced the appointments of Corey Frayer, Phil Havenstein, Jennifer Songer, and Jorge Tenreiro to Chair Gary Gensler’s executive staff.

SEC Charges Financial Company and Its President with Engaging in Fraudulent Schemes to Boost Stock Price
2021-269 Dec. 29, 2021 — The Securities and Exchange Commission today charged Medallion Financial Corp., a Delaware company headquartered in New York, NY, and its President and Chief Operating Officer, Andrew Murstein of New York, NY, with illegally engaging in two schemes in an effort to reverse the company’s plummeting stock price.

Nikola Corporation to Pay $125 Million to Resolve Fraud Charges
2021-267, Dec. 21, 2021 — The Securities and Exchange Commission today announced that Nikola Corporation, a publicly traded company created through a special purpose acquisition company transaction, has agreed to pay $125 million to settle charges that it defrauded investors by misleading them about its products, technical advancements, and commercial prospects. The settlement follows the SEC’s litigated action filed earlier this year against Trevor Milton, the company’s founder and former Chief Executive Officer and Executive Chairman.

SEC Charges Private Equity Fund Adviser with Fee and Expense Disclosure Failures
2021-266., Dec. 20, 2021 —The Securities and Exchange Commission today charged registered investment adviser Global Infrastructure Management, LLC for failing to properly offset management fees and for making misleading statements about the fees and expenses it charged. Global agreed to pay a $4.5 million penalty to settle the SEC charges and voluntarily has repaid $5.4 million to its affected private fund clients. 

James E. Grimes Named Chief Administrative Law Judge at SEC
2021-263., Dec. 17, 2021 —The Securities and Exchange Commission today announced that James E. Grimes has been named the agency’s Chief Administrative Law Judge. Judge Grimes will lead the SEC’s impartial Office of Administrative Law Judges that conducts hearings, issues initial decisions, and adjudicates matters in administrative proceedings before the agency. Judge Grimes succeeds Brenda Murray, who retired after 25 years of service as the SEC’s Chief Administrative Law Judge.

JPMorgan Admits to Widespread Recordkeeping Failures and Agrees to Pay $125 Million Penalty to Resolve SEC Charges
2021-262, Dec. 17, 2021 —The Securities and Exchange Commission today announced charges against J.P. Morgan Securities LLC (JPMS), a broker-dealer subsidiary of JPMorgan Chase & Co., for widespread and longstanding failures by the firm and its employees to maintain and preserve written communications. JPMS admitted the facts set forth in the SEC’s order and acknowledged that its conduct violated the federal securities laws, and agreed to pay a $125 million penalty and implement robust improvements to its compliance policies and procedures to settle the matter.

Wedbush Securities Charged with Unregistered Sales of Microcap Securities and Failing to Report Suspicious Transactions
2021-261., Dec. 15, 2021 — The Securities and Exchange Commission announced today that Wedbush Securities Inc., a California-based broker-dealer, has agreed to pay more than $1.2 million to settle charges arising from the unlawful unregistered distribution of nearly 100 million shares of more than 50 different low-priced microcap companies, and from Wedbush’s failure to file suspicious activity reports (SARs) pertaining to those transactions.

SEC Approves 2022 PCAOB Budget and Accounting Support Fee
2021-260., Dec. 15, 2021 — The Securities and Exchange Commission today voted to approve the 2022 budget of the Public Company Accounting Oversight Board (PCAOB) and the related annual accounting support fee.

SEC Proposes Rules to Prevent Fraud in Connection With Security-Based Swaps Transactions, to Prevent Undue Influence over CCOs and to Require Reporting of Large Security-Based Swap Positions
2021-259, Dec. 15, 2021 —The Securities and Exchange Commission today voted to propose rules to prevent fraud, manipulation and deception in connection with security-based swaps, to prevent undue influence over the chief compliance officer (CCO) of security-based swap dealers and major security-based swap participants (SBS Entities), and to require any person with a large security-based swap position to publicly report certain information related to the position.

SEC Proposes Amendments to Money Market Fund Rules
2021-258., Dec. 15, 2021 —The Securities and Exchange Commission today voted to propose amendments to certain rules that govern money market funds under the Investment Company Act of 1940. In March 2020, growing economic concerns about the impact of the COVID-19 pandemic led investors to reallocate their assets into cash and short-term government securities. Prime and tax-exempt money market funds, particularly institutional funds, experienced large outflows, which contributed to stress on short-term funding markets. The Commission’s proposed amendments are designed, in part, to address concerns about prime and tax-exempt money market funds highlighted by these events.

SEC Proposes New Share Repurchase Disclosure Rules
2021-257, Dec. 15, 2021 —The Securities and Exchange Commission today proposed amendments to its rules regarding disclosure about an issuer’s repurchases of its equity securities, often referred to as buybacks.

SEC Proposes Amendments Regarding Rule 10b5-1 Insider Trading Plans and Related Disclosures
2021-256., Dec. 15, 2021 — The Securities and Exchange Commission today proposed amendments to Rule 10b5-1 under the Securities Exchange Act of 1934 to enhance disclosure requirements and investor protections against insider trading. The proposal includes updates to Rule 10b5-1(c), which provides an affirmative defense to insider trading for parties that frequently have access to material nonpublic information, including corporate officers, directors and issuers.

TIGTA

Increased Availability of Tax Resources and Information for Limited English Proficient and Visually Impaired Taxpayers Has Enhanced Assistance, but Additional Improvements Are Needed
December 21, 2021

Vulnerability Scanning and Remediation Processes Need Improvement
December 21, 2021

Cybersecurity and Telework During the COVID-19 Pandemic
December 17, 2021

Procedures to Address Employee Misconduct Were Followed, but Resolution Time and Quality Review Need Improvement
December 15, 2021

Annual Assessment of the IRS's Information Technology Program for Fiscal Year 2021
Report Date: 12/14/2021
Audit Report: PDF