A recent lawsuit suggests that IRS leaders who refuse to hand over taxpayer information to the Trump administration are being moved out.
Day: March 14, 2025
IRS would still operate during a shutdown
The threat of a government shutdown receded Friday, but the IRS would nevertheless still operate during tax season, even at lower capacity, in the event of a shutdown.
Green energy incentives in doubt under Trump
The Trump administration has been rapidly backing away from the various green energy tax incentives offered under the Biden administration.
Time running out to claim $1B in 2021 refunds
The median unclaimed tax refund from 2021 is $781, but it has to be claimed by April 15.
Private Company Council issues annual report for the first time
The council, which advocates for private companies during FASB’s standard-setting process, shares recent accomplishments and its vision for the future.
On the move: Abdo names first CFO
Smith + Howard launches new business office services practice; G.T. Reilly & Co. promotes pair of directors; and more news from across the profession.
PCAOB offers reporting guidance on a number of fronts
The board offers advice to public company auditors about Form AP, upcoming standards on quality control and confirmation, and in the form of free PCAOB-led forums.
Auditing Standards Board releases consultation paper on its forward strategy
The ASB seeks input on the draft of its 2026–2030 strategic plan. The comment deadline is June 13.