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Emma Slack-Jorgensen
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Proposed IRS Regulations to Modify Reporting Requirements for Part IV of Form 8308
The Trusted Professional
The IRS released proposed regulations amending the obligations for information reporting with respect to sales or exchanges…
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IRS Faulted for Mishandling Termination of Probationary Employees
Accounting
A new report from the Treasury Inspector General for Tax Administration (TIGTA) highlights serious flaws in how the IRS…
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Illinois Expands CPA Licensure Pathways to Strengthen Talent Pipeline
Accounting
Illinois has officially joined the growing list of states modernizing CPA licensure according to CPA Practice Advisor.…
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Although Busy Season Is Still Tough, Some Support Strategies Are Working to Alleviate the Pressure
Accounting
A new survey from Distinct captures the reality of busy season for public accountants in 2025, and while long hours and…
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Regulatory Roundup: Aug. 12-18
The Trusted Professional
AICPA AICPA Recognizes Five Individuals with 2025 Emerging Leaders Award Aug 14, 2025 Media comment on UK A-level results day…
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What the One Big Beautiful Bill Act Means for Individual Taxpayers
Accounting
The recently passed One Big Beautiful Bill Act (OBBBA) makes several key changes for individual taxpayers, many of which…
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GAO Urges IRS to Repair Broken Kiosks at Taxpayer Assistance Centers
The Trusted Professional
In a new report from the U.S. Government Accountability Office (GAO), the agency suggested that the IRS conduct a study to…
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Court Strikes Blow as NY, NJ Lose Chance to Keep SALT Cap Workarounds Alive
The Trusted Professional
New York and New Jersey were not able to take down the Treasury Department's ban on programs letting residents of these…
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Growth Opportunities for Accounting Firms on the Horizon
The Trusted Professional
Firms the have the most revenue growth in the last year expect many opportunities to open on the horizon for them and those…
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