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Senate Confirms Werfel as IRS Commissioner
Taxation
The U.S. Senate has confirmed Daniel Werfel as the next IRS commissioner, The Washington Post and several other news outlets…
Read More
PCAOB Warns Investors About Proof-of-Reserve Reports from Crypto Companies
Auditing
The Public Company Accounting Oversight Board (PCAOB)’s Office of the Investor Advocate has issued an advisory not to…
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Economists Warn of Perils of Debt Ceiling Default
Trusted Professional
Congress’s failure to raise the country’s debt ceiling, which could cause the government to default on its obligations,…
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IRS Renews Warning Over False Employee Retention Credit Claims
Taxation
The IRS has, once again, warned employers to review the Employee Retention Credit (ERC) guidelines carefully before trying…
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Republican Members of Congress Question IRS Free E-File Study
Taxation
The IRS is working on a study about the feasibility of setting up a new, free e-filing system, but two leaders of the U.S.…
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Appeals Court Hears Case Over SEC Rejection of Grayscale Exchange-Traded Fund
Trusted Professional
A three-judge panel of the federal appeals court in Washington heard a case Tuesday that could have implications for the…
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Crypto Exchange Binance Made Elaborate Plans to Fend Off U.S. Regulatory Efforts
Trusted Professional
Messages and documents from within digital currency exchange Bitcoin show how the company tried to get around requirements…
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IRS Warns of Fraud Schemes Involving W-2s
Taxation
The IRS is warning taxpayers not to fall victim to new tax season scams that promise them a large refund. Such scams urge…
Read More
Two Senate Bills Would Target Tax Havens and Protect Whistleblowers
Taxation
Two pieces of legislation were introduced in the U.S. Senate, one to require public companies to disclose their financial…
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