Featured News
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IRS offers new guidance on clean vehicle manufacturing
Proposed regulations from the IRS provide definitions and proposed rules for qualified manufacturers of vehicles to determine eligibility for the clean vehicle tax credit.
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SEC approves PCAOB audit confirmation standard
The SEC has approved the PCAOB's new standard for audit confirmations, which updates a decades-old existing standard to recognize the use of technology for electronic confirmations.
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FASB’s new segment guidance goes into effect Dec. 15
The FASB issued a final accounting standards update to its guidance that will increase requirements for how public companies must report major segment expenses.
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FinCEN extends BOI reports deadline for new companies
Treasury’s FinCEN extended the deadline to file beneficial ownership information reports from 30 days to 90 days for companies created or registered in 2024.
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US consumers more confident as holiday season approaches
American consumers are feeling slightly more confident this month as the holiday shopping season begins.
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Survey reveals ‘most annoying’ work email habits
A new survey of office workers reveals there’s a host of things you may be doing in your emails that may annoy others.
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IRS surveys tax professionals to help improve its services
The IRS is conducting a phone survey through Friday, Jan. 19, to help it improve services to tax professionals and their clients.
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Research study seeks input from accounting students
The Illinois CPA Society is inviting accounting students and professionals to participate in its national research study focused on the decision to pursue, or not pursue, the CPA credential.
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AICPA releases new CPA Exam booklet
The AICPA’s CPA Exam Team recently published a new digital CPA Exam booklet for accounting students, exam candidates and educators.
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FASAB releases 3-year strategic plan, annual report
Intangible assets and climate-related reporting are among the action items that the Federal Accounting Standards Advisory Board (FASAB) will address in the coming years.