Featured News
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IRS relieves penalties for 2019, 2020
To help struggling taxpayers affected by the COVID-19 pandemic, the IRS announced new penalty relief for those who filed certain 2019 or 2020 returns late.
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Having friends at work matters, new research finds
Over nine in 10 people said friendships at work impact their willingness to stay at a company, a new survey finds.
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FASB proposal aims to improve investment in tax credit structures
The FASB proposed an Accounting Standards Update to improve the accounting and disclosures for investments in tax credit structures.
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IRS Appeals seeks input on video conferencing options
The IRS Independent Office of Appeals is seeking input on best practices for conducting video conferences with taxpayers and tax professionals who have cases pending before the office.
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New guidance addresses clean vehicle tax credit
Treasury and the IRS released initial guidance regarding a North America final assembly requirement to qualify for the clean vehicle tax credit.
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PCAOB seeks feedback on 5-year strategic plan
The PCAOB is seeking public comment on its 5-year strategic plan to modernize standards, enhance inspections, strengthen enforcement and improve organizational effectiveness.
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Crypto hacks are on the rise, new report finds
Fewer people are being tricked into cryptocurrency scams in 2022, but dangerous crypto hacks are on the rise, a new report finds.
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SEC approves PCAOB standards for multi-firm audits
The SEC recently approved the PCAOB’s updated standards for public company audits involving multiple firms.
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Interest rates increase for Q4 2022
Interest rates will increase for the fourth quarter of 2022, beginning Oct. 1, the IRS recently announced.
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PCPS guide helps define firm development initiatives
A new PCPS practice development guide offers the basics to help you and your team get on the same page as you define your focus.