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SEC Approves PCAOB's New Quality Control Standard
Taxation
On Sept. 9, the Securities and Exchange Commission (SEC) approved the Public Company Accounting Oversight Board (PCAOB)’s…
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IRS, Treasury Request Comments on Saver’s Match Contributions Under SECURE 2.0 Act
Taxation
On Sept. 5, the IRS and the Treasury Department published a notice requesting comments on Saver’s Match contributions paid…
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Regulatory Roundup: September 4-9
Regulatory Roundup
AICPA Inflation Worries Ease, But Business Executives Grow More Pessimistic About U.S. Economy, AICPA & CIMA Survey…
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IRS Has Recovered Over $1.1B from Rich Individuals, Including $172M from 21K Who Had Not Filed Returns Since 2017
Taxation
Treasury Secretary Janet L. Yellen On Sept. 6, U.S. Secretary of the Treasury Janet L. Yellen and IRS Commissioner Danny…
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Three State CPA Societies Issue Report Focusing on Skills Needed to Become CFOs
The Trusted Professional
Three CPA societies—the Massachusetts Society of CPAs, the Indiana Society of CPAs and the Tennessee Society of CPAs—in…
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TIGTA: IRS Needs to Develop Methodology So As Not to Increase Audit Rate for Taxpayers Earning Below $400K
Taxation
In a recent report, the Treasury Inspector General for Tax Administration (TIGTA) offered its findings on how the IRS is…
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With Some ESG Reporting Set to Become Mandatory in 2025, CPAs Could Have More Audit Opportunities
Auditing
Participants at a recent symposium on environmental, social and governance (ESG) reporting, hosted by the AICPA and its…
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Full Application Period Now Open for Qualifying Advanced Energy Project Tax Credit; Due Date Is Oct. 18
The Trusted Professional
On Aug. 29, the Treasury Department, IRS and Department of Energy (DOE) announced that they had received more than 800…
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Regulatory Roundup: August 27-September 3
Regulatory Roundup
CBO ReportEstimates of the Cost of Federal Credit Programs in 2025August 30, 2024CBO estimates the costs of federal credit…
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