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IRS Appeals Announces Areas of Focus for Coming Year
Taxation
The IRS's Independent Office of Appeals (Appeals) has announced its fiscal year 2024 organizational priorities. These…
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Accountants Club of America Presentation Reviews the State of New York’s Cannabis Industry
Trusted Professional
At a presentation by the Accountants Club of America on Dec. 5, Eric Altstadter and Thomas Cardinale, partners at…
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Regulatory Roundup: December 5-11
Regulatory Roundup
AICPA Business Executives’ Mixed View on Economy Reflects Continued Uncertainty, AICPA & CIMA Survey Finds Dec 6, 2023…
Read More
Audit Partner Survey: Significant Number of Public Companies Adopting AI
Auditing
Almost one third (32 percent) of audit partners say that companies in their primary industry sector are using or planning to…
Read More
IRS Starts Disallowing Ineligible ERC Claims
Taxation
The IRS is sending more than 20,000 letters to taxpayers to inform them that their Employee Retention Credit (ERC) claims…
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IRS Fends Off Rumors of More Stimulus Checks
Taxation
A widely shared rumor on Facebook, is just that, SFGATE reported. The IRS will not be issuing another round of stimulus…
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SEC Chief Accountant Discusses Emerging Issues of Concern, Including Auditor Independence
Auditing
The Securities and Exchange Commission (SEC) is paying close attention to the culture of audit firms, which need to commit to…
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Survey: Frontline Workers Don’t Resent Their WFH Colleagues, But Want Flexibility
Trusted Professional
Often overlooked in the debate over returning to the office (RTO) is that many workers do not have the option of working…
Read More
IRS Criminal Investigation Unit Identifies More Crimes Than in Previous Year
Taxation
The IRS's Criminal Investigation unit (CI) identified $37.1 billion in tax and financial crimes in fiscal year 2023,…
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