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SEC Accuses Metals Company of Scamming Older Adults in Investment Scheme
Trusted Professional
The Securities and Exchange Commission has accused a precious metals company and its owner of running a multimillion-dollar…
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Nina Olson, Former Taxpayer Advocate, Urges IRS to Stop Most Audits for Now
Trusted Professional
Washington Post major case backlog recent publications by the Treasury Inspector General for Tax Administration (TIGTA)…
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Navigating the New Schedule K-2 and K-3 for Asset Management Clients
Federal Taxation
On June 3-4, 2021, the IRS released final versions of Schedules K-2 and K-3 for tax year 2021 (2022 tax filing season). Final…
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PPP Loan Forgiveness: Preparing for and Responding to SBA Reviews, Appeals of Forgiveness Denials, and Other Governmental Scrutiny
Federal Taxation
Nearly two years ago, on March 27, 2020, the Paycheck Protection Program (PPP) was created with the enactment of the…
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India Is Latest Country to Launch Digital Currency
NextGen
CNN reported digital yuan digital dollar digital euro
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Workers Say 'Great Resignation' Has Not Translated Into Better Jobs for Service Sector
Trusted Professional
New York Times data practices Federal Reserve
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CPA Evolution and the Masters in Taxation: What's Next?
Federal Taxation
The word is out that the CPA Evolution exam takes effect January 2024. According to the AICPA, the Evolution CPA exam will…
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PCAOB Revives Investor Advisory Group After Putting it on Pause in 2021
Trusted Professional
The Public Company Accounting Oversight Board put on pause since June 2021 March of that year J. Robert Brown assumed office…
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Sec 461(l) Excess Business Loss Limitation is Back
Federal Taxation
The Tax Cuts and Jobs Act of 2017 (TCJA) added the excess business loss (EBL) limitation under sec 461(l) applicable to…
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