TSCPA News

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Legislative Update

July 15, 2023 TSCPA has partnered for many years with the team of government relations advisors at Butler Snow LLP. The Society’s government relations team are important partners in a long history of advocacy on behalf of the accounting profession.

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IRS Offers Transition Relief for RMDs

July 14, 2023 The IRS and the U.S. Treasury Department recently issued Notice 2023-54, providing transition relief regarding the change in the required beginning date for required minimum distributions under the SECURE 2.0 Act of 2022.

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IRS Reopens and Expands Assistance Centers

July 14, 2023 As part of its efforts to improve service, the IRS continues to expand Taxpayer Assistance Centers across the country while also starting a special series of events to help taxpayers located in areas not close to the agency's in-person offices.

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SEC Adopts Money Market Fund Reforms

July 12, 2023 The Securities and Exchange Commission (SEC) recently adopted amendments to certain rules that govern money market funds under the Investment Company Act of 1940.

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