News

CPA firms have numerous options to relieve stress and show appreciation. Read More

Danny Werfel, who had two years remaining on his term, said he made the decision after “significant introspection and consultation.” An AICPA statement praised Werfel for “moving the IRS in the right direction to improve taxpayer services and start instituting modern technologies.” Read More

The final regulations implement Sec. 2801, added to the Code in 2008, and follow up on proposed regulations issued 10 years ago. Read More

The SEC’s Office of the Chief Accountant is accepting applications for Professional Accounting Fellow positions that will begin in the summer of 2025. Read More

The final regulations, which include 24 exceptions to consideration of federal tax controversies by the Independent Office of Appeals, generally follow the proposed regulations issued in October 2022. Read More

New pilot programs involve fast-track settlements and post-appeals mediation. Read More

The regulations provide guidance on determining who is one of the “five highest compensated employees” under Sec. 162(m)(3)(C). Read More

Almost three-fourths of CFOs in a Deloitte survey think the economy will improve over the next year. That sentiment, among finance leaders at companies with more than $1 billion in annual revenue, is up sharply from the previous quarter. Read More

The IRS said it used feedback from tax advisers to write the proposed regulations, which include new multiyear tax reporting requirements. Read More

The AICPA resource features new guidance and terminology for financial statement preparers and auditors. Read More

The final regulations, posted by the IRS on Tuesday in the Federal Register, identify certain microcaptive transactions as reportable listed transactions or transactions of interest. Read More

The proposed regulations provide guidance to plan administrators on implementing the automatic enrollment requirement established by the Secure 2.0 Act. Read More