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Emma Slack-Jorgensen
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Top Crypto Exchanges Vow To Improve Compliance
Trusted Professional
Chief compliance officers from three top cryptocurrency exchanges said at an industry conference that their experiences with…
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PCAOB Assesses Record Fine Against KPMG Netherlands for Exam Cheating and Cover-Up
Auditing
KPMG’s Netherlands unit was fined $25 million by the Public Company Accounting Oversight Board (PCAOB) over claims of exam…
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PCAOB Proposes New Reporting Requirements for Audit Firms
Auditing
The Public Company Accounting Oversight Board (PCAOB) voted to propose two new reporting requirements to impose on auditing…
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Treasury and IRS Issue Interim Guidance on Stock Buyback Excise Tax
Taxation
The U.S. Treasury Department and the IRS issued new interim guidance regarding the Inflation Reduction Act’s 1 percent…
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IRS Changes How Tax Pros Get Client Transcripts
Taxation
The IRS is changing the way in which it transmits tax transcripts for clients to tax professionals, Accounting Today and CPA…
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Senate Introduces Pandemic Aid Fraud Bill
Trusted Professional
The numbers are staggering and, now, Congress is moving to provide more funding to recover billions of dollars lost to…
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Treasury Department: More Taxpayers Using Free Direct File Pilot
Taxation
The IRS’s free Direct File pilot program has experienced increasing use in the dozen states where it is currently…
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Regulatory Roundup: April 2-8
Regulatory Roundup
AICPA Report by MPs says STEM education needs updating for the modern workplace Apr 03, 2024 Innovative Program to Ease…
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IRS: Social Media Sites Can Provide Bad Tax Advice
Taxation
Social media is not the place to go for solid tax advice, The Washington Post reported the IRS warning taxpayers. “Social…
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