Featured News
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Most CFOs wary of taking on more risk, survey shows
Finance chiefs in the technology, finance and manufacturing industries were the least inclined to take on more risk, according to a new survey.
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AICPA comments further on trust, estate issues with SECURE-related proposals
The AICPA submitted additional comments to Treasury and the IRS on trust and estate issues with certain proposed regulations regarding RMD requirements and provisions in the SECURE Act.
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PCAOB sets new requirements for use of multiple audit firms
The PCAOB has adopted a set of amendments to its auditing standards to strengthen the rules that apply to audits involving multiple audit firms.
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IRS to soon tap taxpayers with balances due
The IRS will soon send CP14 notices to millions of taxpayers who have a balance of $5 or more in unpaid taxes.
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IRS makes more progress on tax return backlog
Following intensive work during the past several months, the IRS recently announced that it will process a key group of individual tax returns filed during 2021 by the end of this week.
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Fostering a better advisory relationship
While using the newest technology is a pillar in effective client advisory services, the human side of relationship-building is as important.
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IRS voice bots to simplify making payments
The IRS has unveiled a new artificial intelligence system designed to resolve simple tasks and improve customer service.
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GASB streamlines guidance on compensated absences
GASB issued new guidance on compensated absences, enhancing recognition and measurement requirements, and refining related disclosure requirements.
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Businesses need to build better trust with consumers, survey finds
A new survey finds consumers do not trust companies on nearly the level business leaders think they do.
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Better taxpayer service among GAO priorities for IRS
The U.S. Government Accountability Office’s top to-do items for the IRS tax administration focus on service, fraud, cybersecurity, information reporting, audits and staffing.