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Emma Slack-Jorgensen
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House Committee Can Get Trump Tax Returns, Supreme Court Rules
Taxation
After a years-long legal battle, the U.S. House of Representatives will get to review six years of former President Donald…
Read More
Musk’s Approach to Free Speech Could Risk Twitter’s Access to App Stores
NextGen
Twitter’s loosening of restrictions under new owner Elon Musk runs the risk of getting the service ousted from Apple and…
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SPACs May Be Affected by New 1% Excise Tax
Taxation
Special purpose acquisition companies (SPACs) may soon be subject to a 1 percent excise tax, which may affect how they are…
Read More
Nonprofits Awarded NYS Cannabis Dispensary Licenses Include Three Based in NYC
The Trusted Professional
New York state announced its first batch of licenses for retail dispensaries of recreational cannabis on Nov. 21, and the…
Read More
NYS Issues First Cannabis Retail Dispensary Licenses, Releases Draft Regulations
NextGen
New York state's Cannabis Control Board has approved 36 licenses for cannabis retailers: 28 licenses for business owners…
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With Funding Increase, IRS Likely to Focus on Tax Evaders
Taxation
The IRS, under incoming Commissioner David Werfel, will devote more than half of its $80 billion allocation under the…
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PCAOB Proposes New Quality Control Rules for Auditors
Auditing
The Public Companies Accounting Oversight Board (PCAOB) has issued a proposal to update its rules governing auditing…
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IRS Advisory Counsel Releases Its Annual Report
Taxation
The IRS Advisory Council (IRSAC) has issued its 2022 Public Report on new and continuing issues in tax administration. The…
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The Spreadsheet Endures, Despite Its Drawbacks
NextGen
Despite its many problems the spreadsheet endures, Accounting Today reported. There are many reasons why accountants don't…
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