Category: AICPA News

The 2023 AICPA Compendium of Tax Legislative Proposals — Simplification and Technical Proposals, which includes 61 proposals covering a wide variety of subjects, opens with a proposal to standardize definitions in the Internal Revenue Code so that terms have the same meaning throughout the Code.

The SEC adopted rule changes to reduce risks in clearance and settlement, shortening the standard settlement cycle for most broker-dealer transactions in securities, and proposed two other rules.

The IRS announced on Monday a new pilot phase Compliance Assurance Process (CAP) program called Bridge Plus to provide prefiling return review to some large corporate taxpayers in the Bridge phase.

Accounting firms can support employees with sick children who struggle to balance caregiving responsibilities with work duties. Find out how.

Taxpayers who received certain general welfare or disaster relief payments or refunds in 2022 will not have to include them in income on their federal returns, the IRS announced on Friday.

Board president reaffirms commitment to protecting CPA mobility while continuing efforts to find solutions for talent acquisition issues affecting everyone in the profession.

The national taxpayer advocate criticized the IRS for delaying the release of guidance on state special tax payments or refunds made in 2022 that she said could affect tens of millions of taxpayers.

Reestablishing old relationships may feel intimidating but can be very rewarding. These five strategies can help to reconnect.

The IRS proposes a new voluntary program for service industry employers to track tips in an attempt to improve tip reporting compliance.

GASB issued a proposed implementation guidance that is intended to clarify, explain, or elaborate on existing guidance on subscription-based information technology arrangements.