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Emma Slack-Jorgensen
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AICPA and NASACT Call for More Competitive Pay for Government CPAs
Accounting
State and local governments are experiencing a shortage of accounting professionals, making it sometimes hard to hire staff…
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Mark Koziel to Replace Barry Melancon as AICPA & CIMA CEO
Accounting
The AICPA Board of Directors announced that it has appointed Mark Koziel as AICPA & CIMA's next CEO after a thorough…
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Talent Shortage in Tax and Finance Causes a Shift to Skill-Driven Hiring, Survey Says
Accounting
In a survey released Oct. 9, EY highlighted the ongoing trend of talent shortages in tax and finance, saying they are…
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AICPA Suggests Changes to Agencies' Guidance on Basis-Shifting Transactions Related to Partnerships
The Trusted Professional
The AICPA submitted on Oct. 3 a comment letter to the Treasury Department and the IRS about their guidance package that…
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IRS Warns About Hurricane-Related Charity Scams
Taxation
The IRS warned taxpayers on Oct. 15—after Hurricanes Milton and Helene—about scammers who use fake charities to obtain…
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Maximum Earnings Subject to Social Security Tax Set to Increase in 2025
Taxation
The maximum amount of earnings subject to Social Security tax for individuals is set to rise to $176,100 from $168,600 in…
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After Hurricane Milton Devastates Florida, IRS Offers Tax Relief to the Entire State
Taxation
In the aftermath of Hurricane Milton, the IRS announced on Oct. 11 tax relief for individuals and businesses in 51 counties…
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Regulatory Roundup: October 8-14
Regulatory Roundup
AICPA Keynote speakers announced for AICPA & CIMA ENGAGE CFO Strategy & Innovation Summit 2024October 13, 2024 CBO…
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IRS 2022 Tax Gap Projections Increase From Previous Years
The Trusted Professional
The IRS published the tax gap projections for 2022 on Oct. 10. They show the country’s projected gross tax gap at $696…
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