The Internal Revenue Service is preparing to open the 2026 Compliance Assurance Process program application period for public companies with at least $10 million in assets.
Day: August 18, 2025
IRS debunks stimulus check rumors
The Internal Revenue Service is disputing claims that spread on social media last week about $1,390 stimulus checks being mailed to taxpayers.
Treasury requests comments on GENIUS Act stablecoin
The U.S. Department of the Treasury issued a request for comment, required by the Guiding and Establishing National Innovation for US Stablecoins Act.
Illinois signs new CPA pathways bill
Illinois Gov. JB Pritzker signed a bill into law that adds two additional pathways to CPA licensure and preserves the original 150-hour path.
FMS acquires AMP and Merchants Accounting Services
The deal bolsters FMS’s position in delivering managed accounting services to independent restaurants and food retail businesses.