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Black History Month is an important opportunity for us to celebrate the significant contributions and achievements of Black Americans throughout our history, including Black Americans that have been trailblazers in the accounting profession. Learn more about John W. Cromwell, Jr., the first Black CPA in the U.S.
View MoreThe International Public Sector Accounting Standards Board recently issued International Public Sector Accounting Standard 43, Leases.
View MoreThe Tax Professionals United for Taxpayer Relief Coalition has released a statement in response to recent actions by the IRS to suspend “some notices to taxpayers” for the upcoming tax filing season.
View MoreThe IRS has recently implemented a new identity verification process for taxpayers who want to access their online accounts and self-help tools.
View MoreThe 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 MoreThe U.S. Office of Management and Budget recently issued a memorandum detailing a zero-trust architecture strategy, requiring federal agencies to meet specific cybersecurity standards and objectives by the end of fiscal year 2024.
View MoreTSCPA is currently seeking volunteers to serve as committee members and is beginning the process of identifying members who may be interested in serving.
View MoreThe 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 MoreThe Securities and Exchange Commission recently revealed that it is considering expanding cyber risk management rules to third-party service providers and making changes to how companies provide public company disclosures related to cybersecurity.
View MoreTSCPA, in partnership with the AICPA and other state societies, with support from U.S. Representative Sanchez and Representative LaHood and others, is calling on the Treasury and IRS to consider solutions that will help filers bypass the extreme IRS backlog due to the pandemic and make it easier to file timely returns.
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