Tax Orgs Find Draft Dual Consolidated Loss Regs Problematic
Upon the closure of the public comment period for proposed regs addressing issues related to dual consolidated losses (DCL) and rules on …
Upon the closure of the public comment period for proposed regs addressing issues related to dual consolidated losses (DCL) and rules on …
The Governmental Accounting Standards Board (GASB) has unveiled a preliminary proposal to enhance financial reporting for state and local governments, …
With lawmakers setting their tax priorities for 2025, one proposal with bipartisan support is bringing back a provision that allowed …
The IRS has released final regs that terminate the application of the outbound intangible property transfer rules, in certain circumstances, …
The IRS has released final forms and instructions for Affordable Care Act (ACA) information reporting for 2024. As a reminder, Forms 1094 -B and …
The Public Company Accounting Oversight Board’s (PCAOB) Investor Advisory Group (IAG) has presented three examples of the most decision-useful critical …
In the high-stakes world of finance, one critical aspect of corporate reporting has long been shrouded in mystery: cash flow. …
The IRS has issued guidance addressing long-term, part-time employees in 403(b) retirement plans under the SECURE 2.0 Act, which applies …
When financial regulators earlier in the year issued a third proposal on Dodd-Frank incentive-based compensation arrangements for financial institutions, two …
The IRS has provided tax relief for all individuals and businesses affected by Hurricane Helene, including the entire states of …
The Treasury Department and IRS are on track to finalize a suite of regs implementing various clean energy tax provisions …
The Council of Institutional Investors (CII) once again pressed the Securities and Exchange Commission (SEC) to add a rulemaking project …
QUESTION: We have heard that the SECURE 2.0 Act will require us to treat certain catch-up contributions under our 401(k) …
Correction, 10/3/2024: This article has been updated to reflect the correct publication number for Special Publication 800-63-3. A previous version …
Last week, challengers of the Corporate Transparency Act’s beneficial ownership information reporting requirements argued their position in the first case …
The FASB proposed five areas of targeted changes to hedge accounting rules on September 25, 2024, to better align financial …
While Congress was able to pass a short-term Continuing Resolution (CR) to prevent a government shutdown through December 20, it …
Despite calls by auditors and businesses to issue a revised proposed auditing standard on so-called noncompliance with laws and regulations …