Featured News
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Using ‘stay’ interviews to boost retention
Asking employees the right questions can give organizations what they need to know to hold onto accounting staff.
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IRS works to implement Inflation Reduction Act
The IRS is in the process of revising dozens of tax forms and developing tax regulations to implement the Inflation Reduction Act, according to a new report.
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63% of organizations prep for M&A deal this year, report finds
In a new survey, nearly two-thirds (63%) of financial professionals involved in mergers and acquisitions (M&A) said their companies are preparing for an M&A deal this year.
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IRS urged to crack down further on tax scam promoters
A new report from the Government Accountability Office (GAO) urges the IRS to do more to detect and deter promoters of abusive tax schemes.
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FASB provides update on disaggregation project
FASB issued a series of tentative board decisions related to its project on the disaggregation of income statement expenses.
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Onboarding clients the right way
Landing a new client is exciting for any firm, but before solidifying your working relationship, it’s important to go through the onboarding process.
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AICPA rejects cyberattack speculation
The AICPA recently rejected reports that it was the victim of a cyberattack after threat actors bragged online they compromised an AICPA database.
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IRS sets Jan. 23 as official start to filing season
The IRS will begin accepting and processing 2022 tax returns on Monday, Jan. 23, the revenue service announced on Thursday, Jan. 12.
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IRS in better shape now than in 2022, report says
In her annual report to Congress, National Taxpayer Advocate Erin Collins said the IRS is in much better shape than it was a year ago.
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PEEC updates code for compliance audits
The AICPA Professional Ethics Executive Committee (PEEC) approved updates to the AICPA Code of Professional Conduct, including two new definitions and one revised definition.