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Emma Slack-Jorgensen
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Regulatory Roundup: April 8-14
Regulatory Roundup
AICPA AICPA Expresses Strong Support for Mobile Workforce State Income Tax Simplification Act of 2025 Apr 11, 2025 AICPA…
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Budget Plan Passes the House, but Trump Cuts Still Need to Overcome Many Obstacles
Taxation
On April 10, the U.S. House of Representatives passed a budget plan that paves the way for extending President Donald…
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In Another Accounting Private Equity Deal, Report Says Baker Tilly and Moss Adams Are Close to Merging
Accounting
Following the lead of CohnReznick and EisnerAmper, accounting firm Moss Adams is currently in advanced talks to receive…
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AICPA Issues Comment Letter on GST Exemption
Accounting
The AICPA has sent a comment letter responding to the Treasury Department's and the IRS' efforts to address the need to…
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ERC Officially Ends on April 15 With Unsatisfactory Results
Taxation
The employee retention credit (ERC), implemented during the COVID era, will officially end April 15. However, according…
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IRS Expands Voluntary Buyouts as RIF Widens, Commissioner Resigns
Auditing
The IRS is escalating its reduction-in-force (RIF) efforts by offering three voluntary separation programs as it braces for…
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Georgia Passes Bill to Expand CPA Licensure Pathways
Accounting
According to a report by Accounting Today, Georgia has taken a major step to modernize its CPA licensure system. House Bill…
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Senate Moves Trump's Tax Cuts Forward Amid Tariff Jitters
Taxation
According to Bloomberg, Senate Republicans have passed a budget resolution advancing President Donald Trump’s push to…
Read More
Despite Reinstating Probationary Workers, IRS Continues Reducing Its Workforce
Taxation
According to the Journal of Accountancy, roughly 7,000 probationary IRS employees who had lost their jobs in February then…
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