Featured News
-
Supporting prospective CPAs at your firm
Accounting firms play an important role in growing the profession by supporting a new generation of CPAs.
-
IRS scraps facial recognition plans
The IRS is reversing course on its plans for using facial recognition technology to authenticate taxpayer identities, the agency announced Monday, Feb. 7.
-
OMB provides single audit guidance for 7 programs
The Office of Management and Budget (OMB) issued new guidance for procedures that single audit practitioners need to follow in their engagements related to seven government programs.
-
Updated FAQs address reconciliation of advance CTC payments
The IRS updated its FAQs to answer common questions about the reconciliation of advance child tax credit payments on 2021 tax returns.
-
Resources for tackling Schedules K-2, K-3 issues
New resources from the AICPA clarify new IRS guidance regarding disclosure requirements for Schedules K-2 and K-3.
-
IRS temporarily shuffling workers to process backlog
The IRS is returning more than a thousand employees who once processed tax returns and other paperwork back to their old jobs to help process its massive backlog during busy season.
-
PCAOB seeks input on new advisory group plans
The PCAOB is seeking public comment on its plans to create a Standards and Emerging Issues Advisory Group and an Investor Advisory Group.
-
IRS updates list of automatic tax method changes
The IRS has provided an updated list of changes in automatic tax accounting methods, spanning 32 different sections.
-
IRS to require facial recognition
The IRS will soon require identity verification through facial recognition technology for taxpayers to see their personal tax documents.
-
Unclaimed property shareholders can now apply for voluntary disclosure agreement
Under new Wisconsin laws, all unclaimed property shareholders in the state can apply for a voluntary disclosure agreement (VDA) with the DOR.