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Regulatory Roundup: March 14-20
Regulatory Roundup
AICPA MNCPA legislative proposal negatively impacts CPA mobilityMarch 19, 2023 AICPA Financial Reporting Executive Committee…
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Regulatory Roundup: February 28-March 6
Regulatory Roundup
AICPA AICPA Proposes IRS FAQs Pertaining to 2022 Form 1040 Digital Asset QuestionFeb. 27, 2023 CBO Blog Post Options for…
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Regulatory Roundup: February 14-21
Regulatory Roundup
AICPA AICPA Asks Congress to Extend Section 174 R&E Expensing and Expired Tax ProvisionsFebruary 15,…
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E-filers of Amended Tax Returns Can Now Get Their Refunds Through Direct Deposit
Taxation
Taxpayers who file an individual amended tax return will now have the ability to receive their refunds via direct deposit,…
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Survey: Executives Expect More Cyberattacks Targeting Financial and Accounting Data
The Trusted Professional
C-Suite and other executives anticipate cyberattacks in the coming year but are mostly unprepared organizationally for them,…
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Some Economists Suggest We're in a Rolling Recession
The Trusted Professional
The economy may be headed for a hard landing. Or the economy may be headed for a soft landing. Or it may be headed for a…
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Study Finds IRS Audits Black Taxpayers at Higher Rate
Auditing
The IRS audits Black taxpayers at 2.9 to 4.7 times the rate of non-Black taxpayers, a Stanford University study found.…
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FASB to Propose Crypto Accounting and Disclosure Rule
Accounting
The Financial Accounting Standards Board (FASB) voted to propose a new rule on the accounting for and disclosure of crypto…
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Federal Officials Seek Congressional Help to Address Fraud That Plagued Coronavirus Relief Programs
The Trusted Professional
Billions of dollars have been stolen from federal coronavirus pandemic relief money since 2020, federal officials recently…
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