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Emma Slack-Jorgensen
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Nothing to Fear but Fear Itself: Planning in the Current Environment
Federal Taxation
As the calendar turns to 2023, taxpayers and their advisors face an uncertain future. Given a divided government for at least…
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Code Section 754: Allocating Gain Where it Belongs
Federal Taxation
The genesis of Code Section 754 stretches back to the first third of the 20th century, as the IRS tried to combat tax…
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Job Switching May Not Be As Lucrative As It Once Was
NextGen
Changing jobs may not yield the big pay boost that it once did, The Wall Street Journal reported. As the job market cools,…
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IRS Commissioner Defends Agency’s Budget in Congressional Hearing
Taxation
IRS Commissioner Daniel Werfel defended his agency’s budget in testimony before the U.S. House of Representatives’…
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Report: SEC Increased Accounting and Auditing Enforcement Actions in FY 2022
Accounting
The number of accounting and auditing enforcement actions initiated by the Securities and Exchange Commission (SEC) in…
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Career Coaches Offer Strategies for Improving Feedback in the Workplace
NextGen
Managers can create a culture of fearless and frequent feedback with several strategies, the co-founders of career coaching…
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PCAOB Finds High Rates of Deficiencies in SPAC Audits
Auditing
Inspectors at the Public Company Accounting Oversight Board (PCAOB) have observed relatively high rates of audit…
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NASBA Extends Window for CPA Exam Candidates from 18 to 30 Months
CPA Candidates
The National Association of State Boards of Accountancy (NASBA) board of directors voted to adopt an amendment to Uniform…
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Financial Accounting Foundation Eases Pathway for Stakeholder Feedback About Due Process Issues at FASB, GASB
Accounting
The Financial Accounting Foundation (FAF) has instituted a due process correspondence procedure to make it easier for…
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