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Regulatory Roundup - July 26-August 1
The Trusted Professional
AICPA AICPA Recognizes Six Individuals with 2022 Outstanding Young CPA Award : CPAs from across the nation are honored…
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A Deeper Look at the Major Tax Provisions of the 2022 Inflation Reduction Act
Taxation
Late last week, Sen. Joe Manchin (D-W.Va.) announced that he would support a climate and tax bill known as the Inflation…
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IRS Acknowledges Sending Erroneous Balance Due Notices to Some Married Couples
Taxation
The IRS has issued a statement acknowledging that some payments made for 2021 tax returns were not correctly applied to…
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Reversing His Recent Position, Manchin Now Says He Agrees to Climate and Tax Bill
Taxation
Sen. Joe Manchin (D-W.Va.) yesterday agreed to a bill that would provide hundreds of billions of dollars for climate and…
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SEC Brings Insider Trading Charges Against Former Indiana Congressman
The Trusted Professional
The Securities and Exchange Commission (SEC) filed insider trading charges yesterday against Stephen Buyer, a former U.S.…
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Regulatory Roundup - July 19-25
The Trusted Professional
CBO Report Additional Information About the INSULIN Act July 22, 2022 CBO provides additional information about how the…
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Member of Congress Asks IRS for Information About Its Approval of Fake Charities
Taxation
A member of Congress is seeking answers about why the IRS approved multiple fake charities that sought tax-exempt…
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Study: Accounting Profession Has Third-Lowest Turnover Rate in U.S.
The Trusted Professional
A study by LinkedIn has determined that the accounting profession has the third-lowest average turnover rate in the…
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IRS Encourages Tax Pros to Convince Clients to Use Identity Protection Program
Taxation
The IRS—along with state tax agencies and representatives of the tax industry—announced an effort to encourage tax…
Read More
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