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Regulatory Roundup: July 30-August 5
Regulatory Roundup
CBO Cost EstimateH.R. 8467, Farm, Food, and National Security Act of 2024August 2, 2024As ordered reported by the House…
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Melancon Says Two Recent Supreme Court Rulings Create Uncertainty for Tax Pros
Taxation
AICPA CEO Barry Melancon commented on two recent Supreme Court cases recently, saying that they create uncertainty, which…
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Senate Republicans Stymie $78B Tax Package That Would Have Aided Businesses and Low-Income Families
Taxation
On Aug. 1, Senate Republicans blocked a $78 billion bill that included tax breaks for businesses and low-income families,…
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Regulatory Roundup: July 23-29
Regulatory Roundup
CBO ReportExpired and Expiring Authorizations of Appropriations for Fiscal Year 2024July 25, 2024CBO reports annually on…
Read More
Survey: Tax Professionals Mostly Optimistic About Generative AI But in No Rush to Adopt It
The Trusted Professional
A new survey conducted by Thomson Reuters found that tax and accounting firm professionals generally believe that…
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FinCEN Estimates Entities Will Spend Millions of Hours Seeking Access to Beneficial Ownership Information
The Trusted Professional
The Financial Crimes Enforcement Network (FinCEN) estimates that entities seeking the beneficial ownership information (BOI)…
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Former IRS Commissioner Urges Agency to Resume Processing Employee Retention Credit Claims Immediately
Taxation
Former IRS Commissioner Chuck Rettig has urged the agency to immediately resume processing legitimate Employee Retention…
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NASBA CEO-Elect Names Four to Leadership Team
The Trusted Professional
Daniel J. Dustin, the president- and CEO-elect of the National Association of State Boards of Accountancy (NASBA) has chosen…
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Regulatory Roundup: July 16-22
Regulatory Roundup
AICPA U.S. CPA Examination is Now Offered in The PhilippinesJuly 16, 2024 CBO Cost EstimateH.R. 7189, Congenital Heart…
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