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Emma Slack-Jorgensen
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PCAOB Proposes Amending Rule on Auditors’ Liability for Contributing to Violations
Auditing
The Public Company Accounting Oversight Board (PCAOB) has proposed amendments to its rule on an auditor’s responsibility…
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IRS to Shift General Focus of Audits from Low- to High-Income Taxpayers
Taxation
Using funding from the Inflation Reduction Act, passed a year ago, the IRS will begin to increase the audit rate of…
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Woes Beset the Global Consulting Industry
The Trusted Professional
The expansion of the global consulting industry, propelled by increased demand during the COVID-19 pandemic, has come to an…
Read More
IRS Previews Proposed Changes to Research Credit
Taxation
The IRS previewed proposed changes to certain sections of Form 6765, Credit for Increasing Research Activities, also known…
Read More
Legendary Tax Expert and Educator Sidney Kess Dies at 97
The Trusted Professional
Renowned tax accountant, attorney and educator Sidney Kess died at the age of 97 on Sunday, Accounting Today reported. Kess…
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Regulatory Roundup: September 12-18
Regulatory Roundup
AICPA AICPA Releases Statement on IRS Announcement Concerning ERC MillsSept. 13, 2023 Keynote speakers announced for ENGAGE…
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Survey: Check Usage Has Plummeted in Past Two Decades; Cash Usage is Way Down Since 2017
The Trusted Professional
Will that be cash or check? Increasingly, neither. Six in 10 payments of noncash purchases, gifts and bills were made by…
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IRS Pauses Employee Retention Credit Claims Processing
Taxation
In response to a proliferation of fraudulent claims, the IRS has imposed a moratorium on the processing of all claims for…
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Private Funds Expect to Spend Billions on Compliance with SEC Rule
Accounting
As the Securities and Exchange Commission (SEC) adopts new requirements for private funds, private equity, venture capital…
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