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Emma Slack-Jorgensen
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TIGTA: IRS Examiners Spent 3 Times as Many Hours Doing Compliance Checks of Tax-Exempt Organizations Since 2020
Auditing
The IRS's Tax-Exempt Compliance Unit (TECU)'s examiners have spent almost three times as many hours closing compliance…
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IRS Issues Interim Guidance on Retirement Plan Matching Contributions Based on Student Loan Payments
Taxation
The IRS has issued interim guidance for sponsors of 401(k) and similar retirement plans that provide matching contributions…
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SEC Approves 3 PCAOB Actions Focusing on Auditor Responsibilities
Auditing
The Securities and Exchange Commission (SEC) announced that it approved three standard-setting and rule-making actions by…
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IRS Highlights Six Ways for Tax Pros to Protect Sensitive Taxpayer Information
The Trusted Professional
The IRS and its Security Summit partners issued six recommendations for tax professionals to protect their sensitive…
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Accountants Often Plan Pregnancies Around Busy Season
NextGen
Accountants planning to start a family often time such decisions around the demands of the profession and its busy seasons,…
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IRS Announces New Task Force to Stop Scams and Schemes
Taxation
A coalition comprising the IRS, state tax agencies and dozens of groups representing the nation’s tax industry has…
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Regulatory Roundup: August 13-19
Regulatory Roundup
CBO Cost EstimateH.R. 7868, FEHB Protection ActAugust 16, 2024As ordered reported by the House Committee on Oversight and…
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IRS Reopens, Until Nov. 22, Voluntary Disclosure Program for Fixing Faulty ERC Claims
Taxation
The IRS announced that it is reopening the Voluntary Disclosure Program to help businesses fix incorrect Employee Retention…
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PCAOB Inspection Reports for 2023 Reveal Some Improvement at Large Firms but Continuing Audit Deficiencies Overall
Auditing
The Public Company Accounting Oversight Board (PCAOB) announced that it has posted its inspection reports for all of 2023,…
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