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Companies Raise Objections to Proposed FASB Rule on Expense Disclosures
Accounting
Executives at large public companies have voiced their objections to the Financial Accounting Standards Board (FASB)’s…
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Federal Tax Changes Could Benefit Legal Cannabis Businesses
Taxation
Some members of Congress have been trying to make it easier for legal cannabis businesses to cope with their taxes,…
Read More
Proposed Labor Dept. Rule Would Extend ERISA Protections to IRAs
Trusted Professional
The U.S. Department of Labor ’s Employee Benefits Security Administration has proposed a retirement security rule updating…
Read More
IRS Extends Pandemic-Era Digital Flexibilities
Trusted Professional
The IRS is extending two temporary flexibilities for taxpayers that were originally put in place during the COVID-19…
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Some Experts Argue for Raising Taxes to Avoid a More Massive Budget Deficit
Taxation
Falling federal revenue compared to 2022, and a stock market that has not been as robust as that year, means that Congress…
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IRS Working on Relief for Businesses That Deposited Possibly Improper ERC Payments
Taxation
Millions of businesses that may have been victims of fraudulent Employee Retention Credit (ERC) schemes are wondering what…
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Regulatory Roundup: October 24-30
The Trusted Professional
CBO Report Answers to Questions for the Record Following a Hearing on Alternative Payment Models and the Slowdown in Federal…
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Expert Panel Discusses ESG Implementation
Trusted Professional
The opening session of “The Basics of Corporate ESG Implementation”—an event presented by the NYSSCPA, the Accountants…
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U.S. Announces New Efforts to Combat Terrorist Financing
Trusted Professional
The United States is implementing new sanctions targeted at Hamas as it intends to cut off the group’s financing, Deputy…
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