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New AICPA Trends Report Reveals Diverse Hiring Increased in 2020, While Overall Graduation and Hiring Levels Decreased
Trusted Professional
The AICPA has released its 2021 Trends report, covering accounting education, the CPA exam and public accounting firms’…
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A Solution for Taxpayers Whose E-File Attempts Are Rejected
Taxation
Many taxpayers who filed paper returns last year for 2020 are receiving rejections notices from the IRS when they try to…
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Biden Proposes Fix to ‘Family Glitch' in ACA by Extending Premium Tax Credits to Family Coverage
Trusted Professional
President Joe Biden has proposed a rule that would strengthen the Affordable Care Act (ACA) by allowing family members of…
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Higher Percentage of Americans Must Pay Taxes on 2021 Unemployment Benefits than Did on 2020 Benefits
Taxation
A higher percentage of Americans will need to pay taxes on the unemployment benefits that they received in 2021 than the…
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Regulatory Roundup - March 29-April 4
Trusted Professional
AICPA Impact of Unfilled Jobs: Staff Restructurings, Delayed Projects and Deferred Expansions Almost one in four U.S.…
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PCAOB Issues Spotlight Report on Auditing Considerations Related to Ukraine Invasion
Auditing
The Public Company Accounting Oversight Board (PCAOB) has issued a spotlight report on auditing considerations related to…
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House Passes Bill That Would Boost Tax Benefits of Retirement Accounts
Trusted Professional
The House of Representatives overwhelmingly passed a bill on Tuesday that would improve the tax benefits of retirement…
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Represent New York State on the AICPA Council: A Call for Statements of Interest
Trusted Professional
In October 2022, the NYSSCPA Board of Directors will submit the names of three individuals to the AICPA’s Nominations…
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Taxpayer Advocate: IRS Should Use Scanning Technology to Process Paper Returns
Taxation
Taxpayer Advocate Erin Collins, in a blog post published Wednesday, urged the IRS to implement scanning technology to…
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