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Emma Slack-Jorgensen
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House Passes Bill That Would Boost Tax Benefits of Retirement Accounts
The Trusted Professional
The House of Representatives overwhelmingly passed a bill on Tuesday that would improve the tax benefits of retirement…
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Represent New York State on the AICPA Council: A Call for Statements of Interest
The Trusted Professional
In October 2022, the NYSSCPA Board of Directors will submit the names of three individuals to the AICPA’s Nominations…
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Taxpayer Advocate: IRS Should Use Scanning Technology to Process Paper Returns
Taxation
Taxpayer Advocate Erin Collins, in a blog post published Wednesday, urged the IRS to implement scanning technology to…
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Treasury Dept. Outlines Administration's Proposed Tax Increases for Corporations and Very Wealthy
The Trusted Professional
The U.S. Department of the Treasury’s Fiscal Year 2023 revenue proposals, published in what is known as the…
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IRS Updates Its Guidance on Third-Round Economic Impact Payments
Taxation
The IRS has issued a revised fact sheet on the third round of Economic Impact Payments, the pandemic-related payments of…
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Regulatory Roundup March 22-28
The Trusted Professional
CBO Cost Estimate H.R. 1916, Ensuring Lasting Smiles Act March 25, 2022 As introduced in the House of Representatives…
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Report: 57 Percent of American Households Paid No Income Tax in 2021
Taxation
A report by the Tax Policy Center has found that 57 percent of U.S. households paid no income tax last year because…
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TIGTA Report: IRS Should Make Changes to Remedy Inadequate Assistance to Taxpayers Over Tax Accounts
Taxation
The Treasury Inspector General for Tax Administration (TIGTA) recently issued a report following an audit initiated…
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Report: Nearly 80 Percent of Global Accounting Firms Working on Advisory Services
The Trusted Professional
A report on global advisory trends issued by Spotlight Reporting, which offers cloud reporting and forecasting software,…
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