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IRS Faces Ongoing Backlog in Identity Theft
Advocacy
The IRS continues to face major challenges in resolving identity theft-related tax return issues, according to the…
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IRS Criminal Investigation Shifts Focus Amid Budget Cuts and Changing Priorities
Accounting
The IRS Criminal Investigation (CI) unit is shifting its focus. While its resources and staffing grew significantly between…
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Baker Tilly and Moss Adams: It’s Not About Getting Bigger
Accounting
When two Top 25 firms merge, size is the obvious headline. But, according to Accounting Today, for Baker Tilly and Moss…
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Senate GOP Eyes $30K SALT Cap as Talks Continue
Accounting
Senate Republicans are weighing a new $30,000 cap on the state and local tax (SALT) deduction, a potential compromise…
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New York State Senate Passes CPA Pathway Bill on June 12
Accounting
The New York State Senate, joining the state Assembly, passed the additional licensure pathway bill (A.7613/S.6892) on June…
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SEC Prepares for Potential PCAOB Absorption Amid Legislative Uncertainty
Advocacy
As Congress considers sweeping tax legislation that would transfer the PCAOB’s responsibilities to the SEC, the regulator…
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Senate Weighs $30,000 SALT Deduction Cap in Tax Bill Negotiations
Advocacy
As the Senate takes up President Trump’s sweeping tax bill, Accounting Today reports that Republican senators are eyeing a…
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IRS Updates Automatic Method Change List in New Guidance
Accounting
The IRS on Jun. 9 issued Rev. Proc. 2025-23, updating the list of tax accounting method changes eligible for automatic…
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AICPA, 53 State Societies Urge Senate to Preserve PTET SALT Deduction
Accounting
According to Journal of Accountancy, the AICPA and 53 CPA societies are urging the Senate to reject a provision in the…
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