<![CDATA[ Internal Revenue Service commissioner Daniel Werfel defended the IRS’s budget during congressional testimony after House Republicans passed a bill that would eliminate much of its extra funding. ]]>
Day: April 27, 2023
Accountants weigh in on the 150-hour question
<![CDATA[ Sue Coffey of the AICPA and other members of the profession share their thoughts on the education requirement for CPAs. ]]>
Tax Fraud Blotter: Dishonest mistakes
<![CDATA[ Kon man; anti-social behavior; not much of a Solution; and other highlights of recent tax cases. ]]>
Beyoncé files in Tax Court against IRS
<![CDATA[ Queen Bey is challenging a $2.7 million tax bill. ]]>
How the Financial Accounting Foundation plans to strengthen oversight
The organization’s latest effort provide a more convenient way for stakeholders with questions about due process in standard-setting to voice their concerns.
SEC steps up accounting and auditing enforcement
<![CDATA[ Enforcement actions increased 55% in 2022, although total monetary settlements were down more than 60%. ]]>