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Congressional Democrats Consider Arcane Procedure to Bypass Debt Ceiling Default
Trusted Professional
Congressional Democrats may have to resort to an obscure procedure to stave off defaulting on the federal debt, The New York…
Read More
IRS Issues Strategic Operating Plan for $80B from Inflation Reduction Act
Taxation
The IRS has released a strategic operating plan for the the nearly $80 billion in funding allocated to it by the Inflation…
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Report: Demand for Interim CFOs Up by 103% From Last Year
The Trusted Professional
According to a recent report by Business Talent Group (BTG), the demand for interim CFOs has risen by 103 percent since…
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ISSB to Give Priority to Climate Risk Disclosures in Initial Reporting
Accounting
The International Sustainability Standards Board (ISSB) will provide transitional reliefs to companies applying the ISSB’s…
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IRS Improving Tax Season Performance
Taxation
The IRS continued to improve its filing season performance in March and has met other objectives, Stephen Mankowski, tax…
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IRS and Treasury Extend Transition Period for Exception to Taxation of Foreign Royalties
Taxation
The IRS and the Treasury Department are extending a transition period for an exception to the requirement for companies to…
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TIGTA Finds IRS Employee Suggestion Program Elimination Possibly' Premature'
Taxation
The IRS eliminated its Employee Suggestion Program (ESP) without plans for a substitute, a decision that the Treasury…
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Survey: Large Majority of Accountants Expect to Rely More on Technology in Coming Year
Trusted Professional
Almost nine in 10 accountants surveyed by Intuit Inc. agreed that technology will play a significant role in the growth and…
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IRS and Treasury Issue Proposed Guidance for Electric Vehicle Tax Credits
Trusted Professional
The IRS and the Treasury Department have released proposed regulations for the new tax credits for electric vehicles under…
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