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Regulatory Roundup - September 13-19
The Trusted Professional
CBOCost Estimate H.R. 6734, Keep America’s Refuges Operational Act of 2022 September 16, 2022 As ordered reported by…
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FASB Proposes Rule on Joint Venture Reporting Disclosures
The Trusted Professional
The Financial Standards Accounting Board (FASB) voted on Wednesday to clarify how businesses report on the assets that they…
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Bloomberg Tax Projects Inflation-Adjusted Tax Increases
The Trusted Professional
Bloomberg Tax has released its projections of the IRS's inflation-adjusted tax rates for the coming tax season. Accounting…
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Tax Professionals Enjoy High Levels of Trust, Global Survey Finds
The Trusted Professional
Professional tax accountants outside G20 countries maintain a high level of trust when it comes to the tax system, a…
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IRS Backlog in Processing Net Operating Loss Claims Cost $42 Million in Interest
The Trusted Professional
According to a report issued by the Treasury Inspector General for Tax Administration (TIGTA), the IRS, because of a…
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Inflation Rate Remained High in August
The Trusted Professional
Despite a reduction in gas prices, inflation remained high, as the Consumer Price Index showed a seasonally adjusted rate of…
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Fed Reducing Its Role in the Bond Market
The Trusted Professional
The Federal Reserve is exiting from the bond market, and traders are nervous, The New York Times reported. Already spooked…
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SEC to Add Offices to Regulate Crypto Assets and Industrial Applications
The Trusted Professional
The Securities and Exchange Commission (SEC) will add two new offices: one devoted to crypto assets and another devoted to…
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Regulatory Roundup: September 7-12
The Trusted Professional
CBO PresentationAn Introduction to the OECD Working Party of Parliamentary Budget Officials and Independent Fiscal…
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