Biden admits Build Back Better likely to be put off to 2022
Democrats drop year-end push on Biden plan amid discord
Final advance CTC payments have begun, IRS says
Tax Fraud Blotter: ‘Romance fraud’
PCAOB says it can’t inspect firms in China, Hong Kong
IRS issues accounting-method change procedures for small businesses
New procedures follow final regulations to implement simplifications by the law known as the Tax Cuts and Jobs Act.
ESG assurance opportunities likely to grow for CPA firms
Companies may need more rigorous assurance on environmental, social, and governance data as regulatory obligations emerge. CPA firms are poised to deliver.