AICPA 

AICPA Urges Treasury and IRS to Provide Immediate Guidance for Individuals, Trusts and Estates on Section 965 Transition Tax Reporting
The AICPA wrote that these taxpayers need clarity on section 965 reporting issues in order to comply with their 2017 tax obligations.
September 19, 2018

CBO 

Cost Estimate
H.R. 6299, Nevada Lands Bill Technical Corrections Act of 2018
September 24, 2018

Cost Estimate
S. 1537, Migratory Birds of the Americas Conservation Act
September 21, 2018

Cost Estimate
H.R. 6367, Incentivizing Fairness in Subcontracting Act
September 21, 2018

Cost Estimate
H.R. 6758, SUCCESS Act
September 21, 2018

Cost Estimate
H.R. 6757, Family Savings Act of 2018
September 21, 2018

Cost Estimate
H.R. 6760, Protecting Family and Small Business Tax Cuts Act of 2018
September 21, 2018

Cost Estimate
H.R. 6756, American Innovation Act of 2018
September 21, 2018

Blog Post
Uncertainty of CBO’s Long-Term Projections
September 21, 2018

Presentation
How CBO Is Updating Its Health Insurance Simulation Model
September 21, 2018

Cost Estimate
S. 1281, Hack DHS Act
September 20, 2018

Cost Estimate
H.R. 5513, Big Bear Land Exchange Act
September 20, 2018

Cost Estimate
H.R. 6599, a bill to modify the application of temporary limited appointment regulations to the National Park Service, and for other purposes
September 20, 2018

Cost Estimate
H.R. 6013, Migratory Bird Framework and Hunting Opportunities for Veterans Act
September 20, 2018

Cost Estimate
S. 1281, Hack DHS Act
September 20, 2018

Cost Estimate
H.R. 5420, FDR Historic Preservation Act
September 20, 2018

Blog Post
The 2018 Long-Term Budget Outlook at a Glance
September 20, 2018

Presentation
The 2018 Long-Term Budget Outlook in 25 Slides
September 20, 2018

FASB

Not-for-Profit Advisory Committee  [09/21/18]
September 13-14, 2018 Meeting Recap

GAO

Defense Efficiency Initiatives:
Observations on DOD's Reported Reductions to Its Headquarters and Administrative Activities
GAO-18-688R:Published: Sep 24, 2018. Publicly Released: Sep 24, 2018.

Small Business Contracting:
Small Business Administration Could Further Strengthen HUBZone Eligibility Reviews in Puerto Rico and Programwide
GAO-18-666:Published: Sep 24, 2018. Publicly Released: Sep 24, 2018.

Drinking Water:
Approaches For Identifying Lead Service Lines Should Be Shared With All States
GAO-18-620:Published: Sep 21, 2018. Publicly Released: Sep 21, 2018.

Chemical Terrorism:
A Strategy and Implementation Plan Would Help DHS Better Manage Fragmented Chemical Defense Programs and Activities
GAO-18-562:Published: Aug 22, 2018. Publicly Released: Sep 21, 2018.

Biological Select Agents and Toxins:
Actions Needed to Improve Management of DOD's Biosafety and Biosecurity Program
GAO-18-422:Published: Sep 20, 2018. Publicly Released: Sep 20, 2018.

Grants Workforce:
Actions Needed to Ensure Staff Have Skills to Administer and Oversee Federal Grants
GAO-18-491:Published: Sep 20, 2018. Publicly Released: Sep 20, 2018.

Humanitarian Assistance:
USAID Should Improve Information Collection and Communication to Help Mitigate Implementers’ Banking Challenges
GAO-18-669:Published: Sep 20, 2018. Publicly Released: Sep 20, 2018.

Homeland Security:
Clearer Roles and Responsibilities for the Office of Strategy, Policy, and Plans and Workforce Planning Would Enhance Its Effectiveness
GAO-18-590:Published: Sep 19, 2018. Publicly Released: Sep 19, 2018.

GASB

GASB Outlook E-Newsletter Q3 2018  [09/24/18]
Newsletter

IASB

25 September 2018
September IASB Update published and work plan updated

20 September 2018
September 2018 IFRIC Update published

20 September 2018
Proposed update to the IFRS Taxonomy 2018 on IFRS 13 common practice

20 September 2018
October 2018 ASAF meeting—agenda papers available

19 September 2018
September 2018 Management Commentary Consultative Group agenda and agenda papers available

IRS 

IRS selects two new members for the Electronic Tax Administration Advisory Committee
IR-2018-192, September 25, 2018 — The Internal Revenue Service has selected two new members for the Electronic Tax Administration Advisory Committee (ETAAC).

New employer tax credit for paid family and medical leave available for 2018 and 2019
IR-2018-191, Sept. 24, 2018 — Today the IRS announced that eligible employers who provide paid family and medical leave to their employees may qualify for a new business credit for tax years 2018 and 2019.

IRS: 2018 employer reimbursements for employees’ 2017 moves are generally tax-free
IR-2018-190, Sept. 21, 2018 — Employer payments or reimbursements in 2018 for employees’ moving expenses incurred prior to 2018 are excluded from the employee’s wages for income and employment tax purposes, the IRS announced today.

IRS Statement on Form W-4
Sept. 20, 2018 — Following feedback from the payroll and tax communities, the Treasury Department and the IRS will incorporate important changes into a new version of the Form W-4, Employee’s Withholding Allowance Certificate, for 2020.

NYS Dept. of Taxation and Finance

Couple Indicted on Alleged Million Dollar Tax Fraud
September 20, 2018​

SEC

SG Americas Securities Charged for Improper Handling of ADRs
Washington D.C., Sept. 25, 2018 —The Securities and Exchange Commission today announced that SG Americas Securities LLC will pay more than $800,000 to settle charges of improper handling of “pre-released” American Depositary Receipts (ADRs), predominantly by its predecessor entity.

SEC Staff to Host Roundtable on Market Data and Market Access
Washington D.C., Sept. 24, 2018 —The Securities and Exchange Commission announced today that its Division of Trading and Markets will host a two-day roundtable on October 25 and 26 on market data and market access. 

SEC Awards Almost $4 Million to Overseas Whistleblower
Washington D.C., Sept. 24, 2018 —The Securities and Exchange Commission today announced that it has awarded nearly $4 million to an overseas whistleblower whose tip led it to open an investigation and whose extensive assistance helped it bring a successful enforcement action.

SEC Charges Unregistered Sales of Securities Issued Under EB-5 Immigrant Investor Program
Washington D.C., Sept. 21, 2018 —The Securities and Exchange Commission today announced that an Illinois-based regional center, its CEO, and 37 affiliated limited partnerships have agreed to settle charges related to securities issued under the EB-5 Immigrant Investor Program, which provides foreigners who invest in the U.S. a potential path to becoming a U.S. resident.

Public Companies Charged With Failing to Comply With Quarterly Reporting Obligations
Washington D.C., Sept. 21, 2018 —The Securities and Exchange Commission today announced charges against five public companies for failing to provide financial statements that were reviewed by their independent external auditor when they filed quarterly reports with the Commission on Form 10-Q.

SEC Staff to Host Nov. 15 Roundtable on the Proxy Process
Washington D.C., Sept. 21, 2018 —The Securities and Exchange Commission today announced that its staff will host a roundtable on Nov. 15 to hear investor, issuer, and other market participant views about the proxy process and rules.The proxy process is central to investors’ participation in corporate governance at U.S. public companies.  The roundtable will focus on key aspects of the U.S. proxy system, including proxy voting mechanics and technology, the shareholder proposal process, and the role and regulation of proxy advisory firms.  Chairman Jay Clayton previously announced that the staff would hold a roundtable on the proxy process in light of changes in the marketplace since the Commission issued a 2010 concept release soliciting feedback on the proxy system.

Business Services Company and Former CFO Charged With Accounting Fraud
Washington D.C., Sept. 20, 2018 —The Securities and Exchange Commission today charged the former chief financial officer of Barrett Business Services Inc. for his role in an accounting fraud involving BBSI’s workers’ compensation expenses. The SEC also charged BBSI in the accounting fraud and charged the company’s former controller for his role in improperly approving certain of the CFO’s accounting entries. Both BBSI and the former controller agreed to settle the Commission’s charges against them. 

Pamela C. Dyson, Chief Information Officer, to Leave SEC
Washington D.C., Sept. 20, 2018 —The Securities and Exchange Commission today announced that Pamela C. Dyson plans to leave the SEC to serve as executive vice president, head of the Technology Group, and Chief Information Officer (CIO) at the Federal Reserve Bank of New York.

Christopher Hetner, Senior Advisor to the Chairman for Cybersecurity Policy, to Leave the Agency
Washington D.C., Sept. 19, 2018 —The Securities and Exchange Commission today announced that Christopher R. Hetner, Senior Advisor to Chairman Jay Clayton for Cybersecurity Policy, plans to leave the agency. Mr. Hetner will remain in the Chairman's Office during the identification of and transition to his successor. 

SEC Provides Regulatory Relief and Assistance for Hurricane Victims
Washington D.C., Sept. 19, 2018 —The Securities and Exchange Commission today announced that it is providing regulatory relief to publicly traded companies, investment companies, accountants, transfer agents, municipal advisors and others affected by Hurricane Florence.  The loss of property, power, transportation, and mail delivery due to the hurricane poses challenges for some individuals and entities that are required to provide information to the SEC and shareholders

SEC Shuts Down $345 Million Fraud and Obtains Asset Freeze
Washington D.C., Sept. 19, 2018 —The Securities and Exchange Commission today announced it has obtained a court order halting an ongoing Ponzi-like scheme that raised more than $345 million from over 230 investors across the U.S. The SEC also obtained an emergency asset freeze and the appointment of a receiver.

SEC Staff to Host Roundtable on Regulatory Approaches to Combating Retail Investor Fraud
Washington D.C., Sept. 18, 2018 —The Securities and Exchange Commission announced today that its Division of Trading and Markets will host a roundtable on Sept. 26 on combating retail investor fraud. The Commission staff is interested in views from a broad range of market participants, regulators and industry experts concerning potential steps that might be taken to enhance the ability of regulators, broker-dealers and others to combat retail investor fraud.

Biopharmaceutical Company, Executives Charged With Misleading Investors About Cancer Drug
Washington D.C., Sept. 18, 2018 —The Securities and Exchange Commission today announced that a Boulder, Colorado-based biopharmaceutical company, its CEO, and its former CFO will pay more than $20 million in penalties to settle charges of misleading investors about the company’s developmental lung cancer drug.

TIGTA

Controls Continue to Need Improvement to Ensure That All Planned Corrective Actions for Security Weaknesses Are Fully Implemented and Documented
Report Date: 09/20/2018
Audit Highlights: HTML
Audit Reports: PDF

Forms, Instructions, Publications, and Procedures Need to Be Improved for Some Nonresident Aliens Eligible for Treaty-Based Income Exemptions
Report Date: 09/20/2018
Audit Highlights: HTML
Audit Reports: PDF

Improvements Are Needed in the Withholding Compliance Program
Report Date: 09/20/2018
Audit Highlights: HTML
Audit Reports: PDF

Improvements to the SS-8 Program Are Needed to Help Workers and Improve Employment Tax Compliance
Report Date: 09/19/2018
Audit Highlights: HTML
Audit Reports: PDF

Improvements to the SS-8 Program Are Needed to Help Workers and Improve Employment Tax Compliance
Report Date: 09/19/2018
Audit Highlights: HTML
Audit Reports: PDF

Improved Controls Are Needed to Ensure That Corrective Actions for Reported Information Technology Weaknesses Are Documented and Fully Implemented Prior to Closure
Report Date: 09/19/2018
Audit Highlights: HTML
Audit Reports: PDF

Review of the System Failure That Led to the Tax Day Outage
Report Date: 09/19/2018
Audit Highlights: HTML
Audit Reports: PDF