Category: AICPA News

The bill filed by Reps. Judy Chu and Mike Carey would streamline the extension-filing process for millions of Americans.

A lower percentage of companies are seeking new employees and increasing the benefits for their current workers, according to a survey of audit partners.

In a unanimous decision, the Court held that the IRS does not have to notify third parties named in a summons when it seeks access to records held at institutions such as banks in aid of collection of a tax assessment.

The proposals would require the establishment of a risk-based margin system that monitors intraday exposure on an ongoing basis, in addition to requiring a more robust recovery and wind-down plan.

The plan seeks to address root causes of talent pipeline issues in a concerted effort to increase the number of students pursuing accounting degrees and CPA licensure.

The 2024 amounts from the IRS mark at least the ninth annual increase in a row for maximum contributions.

Reviews focused on career goals and needs can better enable employees to succeed.

Even if regulations don’t legally apply to private companies, they often apply from a practical standpoint. A new resource offers guidance on the importance of assuring sustainability data for public and private companies alike.

In his response to a university study showing racial differences in audit rates, IRS Commissioner Danny Werfel says in a letter to senators that the agency is investigating the cause of any discrepancies.

The board plans to take action in the next 12 months related to firm and engagement performance metrics and substantive analytical procedures.