<![CDATA[ The inspector general said that the service needs to be more focused in its goals for improving taxpayer digital communication. ]]>
Day: November 18, 2022
Congressional report criticizes contractor used by IRS during pandemic
The statement says ID.me inflated the amount of work it could provide and the amount of federal dollars lost to pandemic fraud, the latter in an effort to increase demand for its services. In his response, the CEO says he would not use such a crisis to help his company.
PCAOB proposes overhaul of quality control requirements for audit firms
<![CDATA[ The Public Company Accounting Oversight Board proposed significant changes in the requirements for firms’ QC systems, modernizing standards in place for decades. ]]>
KPMG finds hybrid work helps with DEI efforts
<![CDATA[ The hybrid work model that has come into wider use since the pandemic can help organizations with diversity, equity and inclusion initiatives. ]]>
CPAs, you can have anything you want, but you can’t have everything
<![CDATA[ Do you want to accelerate through your career, be constantly challenged, have lots of mobility, and be paid higher? If so, good for you. Just know you’ll probably have to work longer hours. ]]>
FTX users can’t count on help from the IRS
<![CDATA[ When market investors suffer losses — or get taken for a ride — they’re often eligible for a tax write-off to soften the blow. Users of the bankrupt crypto exchange FTX won’t be so lucky. ]]>