An earlier postponement of the reapplication date has been rescinded.
Category: NYT Accounting News
PCAOB crackdown shifting to focus on firms
A new report shows that, increasingly, the respondents in Public Company Accounting Oversight Board enforcement actions are firms, rather than individuals.
IASB unveils financial performance standard
The new standard represents one of the biggest changes to IFRS in decades.
LPL drops lawsuit seeking $5.4M tax refund from IRS
The firm may pursue its claims through an administrative office at the agency after agreeing with the federal government to dismiss its case.
M&A watch: Crete and Level Four expand
Crete Professionals Alliance added Reid Tax & Advisory Services; and Financial Independence joined Level Four Financial.
Jackson Hewitt settles ‘no-poach’ case for $10.8M
The tax prep giant settled a proposed class-action suit that said it schemed to prevent employees from moving between corporate and franchisers.
2024 Accounting MOVE Project launches
Registrations are open for the 2024 Accounting MOVE Project, with a focus on private equity’s impact on accounting career paths.
IRS proposes rules for stock buyback tax
The Internal Revenue Service and the Treasury Department issued proposed rules for the stock buyback tax for large corporations.
PCAOB proposes far-reaching reporting requirements
The Public Company Accounting Oversight Board voted to propose an extensive set of new reporting requirements to impose on auditing firms.
IRS adds AGI import to Direct File
The free tax program will now import a taxpayer’s information from the previous year, as a report finds the program could cost the IRS considerably more than the estimated $249 million per year to maintain.