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IRS Issues Interim Guidance on Retirement Plan Matching Contributions Based on Student Loan Payments
Taxation
The IRS has issued interim guidance for sponsors of 401(k) and similar retirement plans that provide matching contributions…
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SEC Approves 3 PCAOB Actions Focusing on Auditor Responsibilities
Auditing
The Securities and Exchange Commission (SEC) announced that it approved three standard-setting and rule-making actions by…
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IRS Highlights Six Ways for Tax Pros to Protect Sensitive Taxpayer Information
Trusted Professional
The IRS and its Security Summit partners issued six recommendations for tax professionals to protect their sensitive…
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IRS Announces New Task Force to Stop Scams and Schemes
Taxation
A coalition comprising the IRS, state tax agencies and dozens of groups representing the nation’s tax industry has…
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Regulatory Roundup: August 13-19
Regulatory Roundup
CBO Cost EstimateH.R. 7868, FEHB Protection ActAugust 16, 2024As ordered reported by the House Committee on Oversight and…
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PCAOB Inspection Reports for 2023 Reveal Some Improvement at Large Firms but Continuing Audit Deficiencies Overall
Auditing
The Public Company Accounting Oversight Board (PCAOB) announced that it has posted its inspection reports for all of 2023,…
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Survey: MBA Credential Valued Slightly More than CPA When Hiring Executives Seek CFOs
Trusted Professional
An MBA degree ranks slightly higher than a CPA credential when hiring executives seek CFOs, Accounting Today reported,…
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Report: Local Sales Taxes Rising Across the Country
Taxation
Needing new sources of revenue, local governments across the country are raising sales tax rates or introducing new taxes,…
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IRS Issues New Security Plan Designed to Help Protect Tax Pros
Taxation
The IRS and its Security Summit partners announced that they have released an updated Written Information Security Plan…
Read More
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