The Securities and Exchange Commission has reappointed Erica Williams to another term as chairperson of the Public Company Accounting Oversight Board.
Category: NYT Accounting News
Tax-planning certification rolling out as wealth and tax divide narrows
Jeffrey Levine and The American College of Financial Services hope to help more financial advisors branch into the related but historically separate field.
IRS tries to downsize extra office space
The Internal Revenue Service has been making efforts to reduce the overall amount of space it rents, but it nevertheless has lots of unnecessary space that it’s paying hundreds of millions of dollars for every year.
PCAOB sanctions Florida firm over audit violations
The Public Company Accounting Oversight Board levied sanctions and $150,000 in penalties against L&L CPAs and three of its auditors for violating its rules and standards.
Art of Accounting: Planning is a lot more than what you think it is
Stanley Goldstein’s suggestions offer advice for building a successful career.
CLA Global names new CEO
CLA Global Limited has appointed Paul English as CEO, replacing Sancho Simmonds and Joseph Kask.
Tax leaders worried about election
Strategic tax leaders worry the election will lead to changes to Inflation Reduction Act renewable energy credits, while tax tacticians worry about changes to federal corporate tax rates.
Trump floats pitch for tax-free tips in Vegas
Donald Trump said he’d scrap taxes on tipped earnings for hospitality workers if he wins the White House, calibrating his message for swing-state voters in Nevada.
IRS backlog grows from tax adjustments
While the Internal Revenue Service has managed to reduce its backlog of unprocessed tax returns since the pandemic, one area where it’s losing ground is in processing all the documentation for tax adjustments.
Fraud victims hit by ‘double whammy’ of theft, taxes on stolen funds
The growing number of fraud victims who suffer staggering financial losses often find themselves having to pay Uncle Sam for their missing income, experts say.