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Texas Federal Court Blocks Enforcement of Corporate Transparency Act Nationwide
Accounting
Bloomberg Tax reported that the Corporate Transparency Act and its implementing regulations, which mandate U.S. business…
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Once Again, IRS Delays Implementation of Form 1099-K Reporting Threshold
Taxation
The IRS postponed for a third time the effective date of Form 1099-K for reporting the $600 threshold for third-party…
Read More
Regulatory Roundup: November 19-December 2
Regulatory Roundup
AICPA New generation of Zimbabwean accounting and finance professionals awarded the Chartered Global Management Accountant…
Read More
GASB Releases Two Exposure Drafts for Comment
Auditing
The Governmental Accounting Standards Board (GASB) released for comment on Nov. 25 a couple of Exposure Drafts: an Exposure…
Read More
IRS Extends Transition Period for Valid Research Credit Claim for Refund
Taxation
The IRS extended the research credit claim transition period through Jan.10, 2026, on Nov. 25. This gives taxpayers 45 days…
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IRS Attempts to Stop Refund Delays by Accepting Duplicate Dependent Returns
Taxation
The IRS is making it easier for taxpayers to protect their information and avoid refund delays by accepting certain e-filed…
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SEC Announces Chair Gary Gensler to Step Down on Jan. 20
The Trusted Professional
The Securities and Exchange Commission (SEC) announced on Nov. 21 that its 33rd Chair, Gary Gensler, will step down from the…
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Treasury Department, IRS Publish Final Rules Expanding Clean Energy Tax Credit Access
Taxation
The Treasury Department and the IRS released final regulations to assist certain entities co-owning clean energy projects…
Read More
IFRS Foundation Releases Guide on Sustainability-Related Risk
Accounting
The IFRS Foundation has released a new comprehensive guide made to assist organizations in identifying and disclosing…
Read More
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