The Trump administration’s move will only increase the opportunities in helping manage and audit crypto holdings.
Day: March 7, 2025
AICPA emphasizes importance of a modern IRS in statement
In a statement Friday, CEO Mark Koziel, CPA, CGMA, said the AICPA is discussing the state of the IRS with agency officials in the wake of layoffs. “A modern, functioning IRS is essential for Americans to meet their tax obligations,” the statement said.
SEC gives guidance on EDGAR
The Securities and Exchange Commission’s new EDGAR system will go live on March 24.
AICPA in discussions with IRS over tax season worries
The American Institute of CPAs is monitoring the situation at the IRS amid reports of heavy layoffs, stressing the need to maintain services during tax season.
The most common errors on tax returns
Everyone knows tax pros don’t make mistakes, but it can’t hurt to doublecheck for these mistakes before filing.
As AI rises in importance, so too does AI governance
Panelists at today’s Schellmancon event said that last year saw a great increase in AI oversight, governance and regulation, and that this trend will likely not only continue but accelerate this year.
Domestic economic sentiment declines 20 percentage points among CPA execs
CPA executives in business and industry have lowered expectations for the U.S. economy and, to a lesser extent, their own organizations, according to a quarterly AICPA & CIMA survey.