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Regulatory Roundup: October 3-9
Regulatory Roundup
CBO Cost EstimateEstimated Changes in Direct Spending and Revenues of H.R. 2670, the National Defense Authorization Act for…
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IRS Warns of Improper Art Donation Deduction Promotions
Taxation
The IRS has been seeing a rise in fraudulent schemes involving tax deductions for donated art and has issued a warning to…
Read More
Office of Cannabis Management Opens Window for New License Applications
The Trusted Professional
New York state’s Office of Cannabis Management opened a 60-day application window for cultivation, processing,…
Read More
IRS to Reduce PTIN Fees
Taxation
In response to a federal court decision, the IRS is reducing the cost of an annual Preparer Tax Identification Number…
Read More
House Republicans Demand Answers on Employee Retention Credit Claim Processing
The Trusted Professional
Two Republican members of Congress have asked IRS Commissioner Daniel Werfel for more details about how his agency is…
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SEC Ends Fiscal Year 2023 With Five Lawsuits of Note
The Trusted Professional
As the 2023 federal fiscal year closed out at the end of September, the Securities and Exchange Commission (SEC) announced…
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Corporate DEI Efforts Under Scrutiny After Supreme Court's Affirmative Action Ruling
The Trusted Professional
In the aftermath of the U.S. Supreme Court’s ruling in the case ofStudents for Fair Admissions, Inc. v. President and…
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Salary Guide: Higher Pay and Opportunities Ahead in Coming Year
The Trusted Professional
Base pay for 11 positions in public accounting is projected to rise by 4.9 percent next year, CPA Practice Advisor reported,…
Read More
Consumer Financial Protection Bureau's Funding Structure Faces Supreme Court Challenge
The Trusted Professional
As director of the Consumer Financial Protection Bureau (CFPB), Rohit Chopra has become one of the country’s most powerful…
Read More
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