PCAOB to Form Two New Advisory Groups
The Public Company Accounting Oversight Board recently announced the creation of two new advisory groups, the Investor Advisory Group and the Standards and Emerging Issues Advisory Group.
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All Featured (50) For the Public (148) Tax News (467) Accounting & Auditing (227) Business & Industry News (133) Regulatory News (112) Legislative News (51) Chapter News (36) Young CPAs (76) Students (98) TSCPA Press Releases (75)Showing : 151–160 of 227
IRS Updates List of Automatic Accounting Method Changes
The IRS recently issued Rev. Proc. 2022-14, updating the list of accounting method changes that are available automatically.
View MoreIPSASB Issues New Standard on Leases
The International Public Sector Accounting Standards Board recently issued International Public Sector Accounting Standard 43, Leases.
View MoreSEC Proposes Expansion of Reporting Requirements for Private Funds, Trading Platforms
The Securities and Exchange Commission recently voted to issue two proposals that would require segments of the market to disclose more financial information more frequently and Alternative Trading Systems that trade Treasuries and other government securities to register with the SEC.
View MoreIRS Issues Regulations Affecting Owners of Foreign Stock
The IRS recently issued final regulations (T.D. 9960) regarding the treatment of domestic partnerships for purposes of determining amounts included in the gross income of their partners with respect to foreign corporations.
View MoreIRS Issues Procedures for Employee Status Determinations
The IRS recently issued Rev. Proc. 2022-13 regarding employee status determinations under Sec. 7436.
View MoreIRS Announces Freedom of Information Act Fee Increase
The IRS recently announced that starting Jan. 1, 2022, IRS Freedom of Information Act fees for search efforts, review efforts and duplication of records increased, regardless of requester category type.
View MoreOMB Issues New Guidance on Single Auditing for Pandemic Relief Programs
The Office of Management and Budget recently issued Addendum No. 1 to the 2021 Compliance Supplement, providing guidance for auditing funds received from the Coronavirus State and Local Fiscal Recovery Fund and an update to the Education Stabilization Fund program section.
View MoreReminder: Deferred Social Security Tax Payment Due Jan. 3 for Many Employers and Self-Employed
The IRS is reminding employers and self-employed individuals that chose to defer paying part of their 2020 Social Security tax obligation that a payment is due on Jan. 3, 2022.
View MoreStandard Mileage Rates to Increase in 2022
The IRS recently issued Notice 2022-03, which increases the rate by which taxpayers may compute their deductions for costs of using an automobile for business purposes for the 2022 tax year.
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