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FinCEN Says It Intends to Make BOI Reporting Changes Amid Legal Battles
Ethics
The Financial Crimes Enforcement Network (FinCEN) signaled possible changes to the beneficial ownership (BOI) reporting…
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AICPA Plans Independence Rule Update Amid Private Equity Surge
Accounting
The AICPA is preparing to update its independence rules in response to the growing influence of private equity in accounting…
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DEADLINE EXTENDED! FAE Board of Trustees Nominations Due by Feb. 14
The Trusted Professional
If you are interested in serving on the Foundation for Accounting Education (FAE) Board of Trustees, now is the time to…
Read More
DEADLINE EXTENDED! MSF Board of Trustees Nominations Due by Feb. 14
The Trusted Professional
If you are interested in serving on The Moynihan Scholarship Fund (MSF) Board of Trustees, now is the time to submit your…
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FASB Agenda Presents a Period of Relative Calm for Non-Profits
Auditing
The Financial Accounting Standards Board (FASB) update at the Foundation for Accounting Education’s 47th Annual…
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GAO: IRS Needs to Improve Compliance With Anti-Gag Provision Requirements
Taxation
A report by the Government Accountability Office (GAO) found that the IRS has guidance that references…
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Regulatory Roundup: January 28 - February 3
Regulatory Roundup
AICPA AICPA Expresses Strong Support for Bipartisan Discussion Draft to Improve IRS AdministrationJan 30, 2025AICPA Requests…
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AICPA Urges IRS to Reduce Foreign Filing Burden for Tax-Exempt Organizations
Taxation
CPA Practice Advisor reports that the AICPA has requested that the IRS and the Treasury Department ease foreign filing…
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GAO: IRS Continues to Have Timeliness Issues With Its Live Service Despite Improvements
Taxation
Although the IRS has implemented improvements to its customer service and systems, a U.S. Government Accountability Office…
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