IPSASB Issues New Standard on Leases
The International Public Sector Accounting Standards Board recently issued International Public Sector Accounting Standard 43, Leases.
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All Featured (26) For the Public (149) Tax News (485) Accounting & Auditing (235) Business & Industry News (141) Regulatory News (116) Legislative News (54) Chapter News (40) Young CPAs (81) Students (101) TSCPA Press Releases (80)Showing : 161–170 of 235
SEC 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.
View MoreSBA Clarifies COVID-19 EIDL Application Deadlines
The U.S. Small Business Administration recently released updated guidance regarding applications for loans, advances and appeal requests with the COVID-19 Economic Injury Disaster Loans program.
View MoreIRS Provides Tax Inflation Adjustments for Tax Year 2022
The IRS recently announced the tax year 2022 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes.
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