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When it comes to the reasons behind a charitable donation by a business, the non-tax drivers normally take center stage – from the altruistic goals of the company to the potential public relations benefits it affords them.
View MoreThe Public Company Accounting Oversight Board (PCAOB) today adopted a rule amendment to advance the PCAOB’s investor-protection mission and to enhance the Board’s registration program.
View MoreThroughout NPAG’s research, stakeholders strongly agreed on the need to communicate a more compelling story about accounting.
View MoreThe Internal Revenue Service announced today tax relief for individuals and businesses in parts of Tennessee that were affected by Tropical Storm Helene that began on Sept. 26, 2024.
View MoreThe AICPA Peer Review Board recently approved a standards update intended to align peer review standards more closely with new quality management (QM) standards and to clarify and enhance current technical guidance.
View MoreThe IRS recently issued final regulations (T.D. 10011) intended to modernize the process for the government's sale of taxpayers' property after its seizure by levy.
View MoreThe Financial Accounting Standards Board (FASB) today published an Accounting Standards Update (ASU) that improves financial reporting and responds to investor input by requiring public companies to disclose, in interim and annual reporting periods, additional information about certain expenses in the notes to financial statements.
View MoreThe Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2025 has increased to $23,500, up from $23,000 for 2024.
View MoreThe AICPA and state societies, including TSCPA, have designated November as Accounting Opportunities Month.
View MoreThe U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has announced that certain victims of Hurricane Milton, Hurricane Helene, Hurricane Debby, Hurricane Beryl and Hurricane Francine will receive an additional six months to submit beneficial ownership information (BOI) reports, including updates and corrections to prior reports.
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