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Emma Slack-Jorgensen
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IRS Commissioner Werfel Reflects on His First Year
Taxation
As the IRS has made improvements over the last year, in no small part due to an infusion of funding from the Inflation…
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Tax Pros: Filing Season Going Well, But Some Concerns Remain
Accounting
Despite the 2024 filing season being one of the smoothest in recent memory, uncertainly still exists due to legal and…
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Top Crypto Exchanges Vow To Improve Compliance
The Trusted Professional
Chief compliance officers from three top cryptocurrency exchanges said at an industry conference that their experiences with…
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PCAOB Assesses Record Fine Against KPMG Netherlands for Exam Cheating and Cover-Up
Auditing
KPMG’s Netherlands unit was fined $25 million by the Public Company Accounting Oversight Board (PCAOB) over claims of exam…
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PCAOB Proposes New Reporting Requirements for Audit Firms
Auditing
The Public Company Accounting Oversight Board (PCAOB) voted to propose two new reporting requirements to impose on auditing…
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Treasury and IRS Issue Interim Guidance on Stock Buyback Excise Tax
Taxation
The U.S. Treasury Department and the IRS issued new interim guidance regarding the Inflation Reduction Act’s 1 percent…
Read More
IRS Changes How Tax Pros Get Client Transcripts
Taxation
The IRS is changing the way in which it transmits tax transcripts for clients to tax professionals, Accounting Today and CPA…
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Senate Introduces Pandemic Aid Fraud Bill
The Trusted Professional
The numbers are staggering and, now, Congress is moving to provide more funding to recover billions of dollars lost to…
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Treasury Department: More Taxpayers Using Free Direct File Pilot
Taxation
The IRS’s free Direct File pilot program has experienced increasing use in the dozen states where it is currently…
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