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Emma Slack-Jorgensen
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Federal Budget Bill Contains New Provisions for Retirement Savings
The Trusted Professional
Many Americans can expect some additional benefits in the new retirement package that is part of Congress’s budget deal,…
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Accounting Profession Confronts Shortages
The Trusted Professional
Accountants and auditors are continuing to leave their jobs in droves and efforts to fill the gaps are falling short, the…
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IRS Delays Tax Rule for Third-Party Payment Platforms
Taxation
The IRS is delaying, for one year, a change in reporting thresholds for third-party settlement organizations. The change to…
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TIGTA: IRS Backlogs Will Continue Into 2023 Filing Season
Taxation
The IRS will fall short of its goal to clear its backlog of unprocessed tax returns, a report by the Treasury Inspector…
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Companies that Need On-Site Employees Can Benefit from Strategic Recruiting
NextGen
Many employees still want the option of working remotely so, in a tight job market, companies that need on-site workers have…
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SEC Watching Crypto Firms, Chief Accountant Warns
Auditing
The Securities and Exchange Commission (SEC) is increasing its scrutiny of auditors’ work for cryptocurrency companies,…
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Small Business Owners Concerned About New IRS Rule for Payment Apps
Taxation
An IRS rule governing payment apps that comes into effect for the 2022 tax year has some small businesspeople concerned…
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To Save Early or Not to Save Early is the Question for Some Economists
NextGen
Start saving as much as you can as soon as you can to secure a comfortable retirement, right? Not so fast, according to…
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PCAOB Proposes New Standard for Audit Confirmations
Auditing
The Public Company Accounting Oversight Board (PCAOB) has proposed an update to its audit confirmation standard for the…
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