IRS Provides Guidance on Employee Plans Compliance Resolution System
The IRS has issued a notice providing guidance on the expansion of the Employee Plans Compliance Resolution System (EPCRS). (Notice …
The IRS has issued a notice providing guidance on the expansion of the Employee Plans Compliance Resolution System (EPCRS). (Notice …
The AICPA’s Auditing Standards Board (ASB) is working on several standard-setting or research projects, according to its 2023 workplan, which …
The International Accounting Standards Board (IASB) on May 25, 2023, issued a package of disclosure rules to boost transparency around …
Bipartisan proposed legislation would prevent taxpayers from incurring penalties for failing to accurately calculate estimated payments for current-year tax liability …
Debbie Tam, CPP PayrollOrg (formerly known as the American Payroll Association) held its 41st Payroll Congress in Denver, Colorado. During …
The Tax Court has held that a taxpayer’s tax liabilities constituted a “seriously delinquent tax debt” under Code Sec. 7345, and …
The International Accounting Standards Board (IASB) on May 23, 2023, published an amendment to a key income tax accounting standard …
by Tyna Mikulec On May 11, 2023, Colorado Governor Jared Polis signed legislation that enacted tax policy to advance decarbonization …
The U.S. Chamber of Commerce has joined trade organizations and companies in supporting proposed legislation that would revert a limitation …
SEC Commissioner Mark Uyeda, during a speech in London, said that both commission and the PCAOB have brought more charges …
Newly proposed legislation would partly reverse a provision of COVID-19 relief legislation that lowered the transactions reporting threshold for third-party …
The SEC on May 15, 2023, urged the Third Circuit to deny Coinbase’s demand for an answer on the exchange’s …
The IRS wasn’t required to notify third parties about collection summonses sent to three banks, according to a unanimous opinion issued on …
At a conference about accountants’ liability, William Ryan, a deputy director in the PCAOB’s Division of Enforcement and Investigations (DEI), …
Payroll Update Staff The IRS has issued a draft version of Form W-3 (Transmittal of Wage and Tax Statements) for the 2024 …
Senate Democrats are pushing back on Republican plans to claw back the $80 billion allotted to the IRS in the …
In the past three years, seven U.S. banks failed. These include Silicon Valley Bank, Signature Bank and First Republic Bank …
President Biden and Houser Speaker Kevin McCarthy, Republican of California met May 16 where they were expected to discuss new …