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House Republicans Demand Answers on Employee Retention Credit Claim Processing
Trusted Professional
Two Republican members of Congress have asked IRS Commissioner Daniel Werfel for more details about how his agency is…
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SEC Ends Fiscal Year 2023 With Five Lawsuits of Note
Trusted Professional
As the 2023 federal fiscal year closed out at the end of September, the Securities and Exchange Commission (SEC) announced…
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Corporate DEI Efforts Under Scrutiny After Supreme Court's Affirmative Action Ruling
Trusted Professional
In the aftermath of the U.S. Supreme Court’s ruling in the case ofStudents for Fair Admissions, Inc. v. President and…
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Salary Guide: Higher Pay and Opportunities Ahead in Coming Year
Trusted Professional
Base pay for 11 positions in public accounting is projected to rise by 4.9 percent next year, CPA Practice Advisor reported,…
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Consumer Financial Protection Bureau's Funding Structure Faces Supreme Court Challenge
Trusted Professional
As director of the Consumer Financial Protection Bureau (CFPB), Rohit Chopra has become one of the country’s most powerful…
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IRS Expands Tax Pro Account Capabilities
Trusted Professional
The IRS has expanded the capabilities of its Tax Pro Account, enabling tax professionals to access new services to help…
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Regulatory Roundup: September 25-October 2
Regulatory Roundup
AICPA AICPA & CIMA Introduce Career Launchpad, an AI-Guided Tool for Students Pursuing Careers in Accounting and…
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New PCAOB Standard Updates Confirmation Requirements
Auditing
The Public Company Accounting Oversight Board (PCAOB) approved a new standard aimed at preventing fraud. The new standard,…
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IRS Prepares for Government Shutdown
Trusted Professional
The Internal Revenue Service’s updated contingency plans for a government shutdown include furloughing 60,000 employees,…
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