Featured News
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IRS to digitize tax filing process by 2025
The IRS plans to digitize the tax filing process by 2025, allowing taxpayers to digitally submit all documents and correspondence.
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New advisory group to focus on accounting talent shortage
The AICPA has formed an advisory group of accounting stakeholders that will help to shape a strategy to address the profession’s talent shortage.
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Deadlines set for BEC section, new CPA Exam
NASBA has provided the deadlines for applying to take the current BEC section of the CPA Exam as well as the first-day application dates for the new CPA Exam disciplines.
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IRS seeks input on dispute resolution programs
The IRS is seeking public input on improvements to certain post-filing alternative dispute resolution (ADR) programs currently offered to taxpayers.
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SEC adopts cybersecurity disclosure rules
The SEC adopted final rules requiring companies that file documents with the commission to disclose material cybersecurity incidents.
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IRS increases scrutiny of ERC claims
As the IRS continues to process employee retention credit (ERC) claims, Commissioner Danny Werfel said the agency has entered a new phase of increasing scrutiny on dubious submissions.
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Survey: CFOs more focused on workforce growth, tech
A new survey finds CFOs are now heavily focused on two areas that could lead to revenue gains: growing their workforce and investing in technology.
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AICPA introduces strategy planning toolkit for firms
The AICPA's Private Companies Practice Section (PCPS) has introduced a strategy planning toolkit designed to assist accounting firms in business model transformation.
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DOR releases July 2023 tax bulletin
The Wisconsin Department of Revenue (DOR) has released its state tax bulletin for July 2023, which outlines the tax laws changed by the state’s repeal of the personal property tax.
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PCAOB report: Audit deficiencies rose again in 2022
The number of audit deficiencies found during PCAOB inspections showed another year-over-year increase in 2022, according to a new board staff report.