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Emma Slack-Jorgensen
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NAEA Urges IRS to Resume Sending Balance Due Notices
Taxation
The National Association of Enrolled Agents (NAEA) has asked the IRS to resume sending reminder notices immediately to…
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IRS Extends Deadlines for Taxpayers Affected by Terrorists Attacks in Israel to Oct. 7, 2024
Taxation
The IRS has announced that individuals and business affected by the recent terrorist attacks in Israel will have until Oct.…
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Regulatory Roundup: October 10-16
Regulatory Roundup
AICPA U.S. Accounting Firms Show Strong Growth in Profit and Revenue, AICPA & CIMA Research FindsPublic accounting firms…
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IRS Projects Annual Tax Gap for 2021 to Rise to $688B
Taxation
The IRS has released a new tax gap projection, indicating that the projected gross tax gap increased to $688 billion for tax…
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PCAOB Staff Report Finds Widespread Flaws in Engagement Quality Reviews
Auditing
A new Public Company Accounting Oversight Board (PCAOB) staff report discloses that 42 percent of the firms that the PCAOB…
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TIGTA: Most of IRS’s Initial Inflation Reduction Act Spending Went to Taxpayer Services
Taxation
The Treasury Inspector General for Tax Administration (TIGTA) has issued a report finding that the majority of the IRS's…
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Survey: Auditors Worry Most About Cybersecurity Risks, But AI Is Growing Concern
Auditing
A recent survey has found that 75 percent of technology audit leaders and professionals consider cybersecurity to be a…
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SEC Adopts Beneficial Ownership Rule, Shortening 13D-G Filing Period from 10 to 5 Days
The Trusted Professional
The Securities and Exchange Commission (SEC) has adopted rule amendments governing beneficial ownership reporting under…
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Survey: 84% of CFOs in U.S. and U.K. Face Significant Talent Shortage
The Trusted Professional
A recent survey has found that 87 percent of chief financial officers in the United States and the United Kingdom "face a…
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