The Securities and Exchange Commission has rescinded a Staff Accounting Bulletin on safeguarding cryptocurrency assets that had been criticized by the industry and even by
Noted once more; a lot of shingles; refund’s in the mail; and other highlights of recent tax cases.
The Supreme Court overturned an injunction on the CTA and its beneficial ownership information requirement, but it remains on hold due to a separate injunction.
In another case in Texas, a judge issued a nationwide order prohibiting enforcement of beneficial ownership information reporting requirements, meaning BOI reports are still on
Funds that use Section 351 conversions are rolling out in 2025, led by the launch of one with the ticker TAX. Here’s what financial advisors
The IRS doesn’t have the authority to independently verify that recipients of Low Income Taxpayer Clinic grants are eligible to receive them.
The board seeks comments on an Accounting Standards Update that addresses 34 issues in GAAP.
The White House has canceled the October 2023 executive order from the previous administration on AI regulation and oversight.
A client’s immediate health needs make saving their accounts until they’re 65 or over a difficult endeavor, and the accounts carry some highly specific rules.
Lawmakers in the House and Senate reintroduced bipartisan legislation to provide faster filing relief to taxpayers hit by natural disasters.
The Financial Accounting Standards Board released a proposed ASU containing a set of targeted improvements to the FASB Accounting Standards Codification.
Spend management solution provider Ramp announced the release of Ramp Treasury, which can act as a business or investment account for users.
TikTok and taxes; future of L.A. revenues; engagement limits; and other highlights from our favorite tax bloggers.
The AICPA’s vice president–Tax Policy & Advocacy said President Donald Trump’s executive order to freeze hiring at the IRS should not affect seasonal employees, who
Carr, Riggs & Ingram, a Top 25 Firm based in Enterprise, Alabama, has added CapinCrouse, a Regional Leader based in Indianapolis, effective Jan. 17, 2025.
