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Emma Slack-Jorgensen
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Labor Market Remains Robust
NextGen
As observers await the U.S. Bureau of Labor Statistics' Employment Situation Summary due out on Friday morning, another…
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AICPA Recommends that IRS Make Virtual Currency Clarifications for the 2022 1040s
The Trusted Professional
The AICPA seeks to clarify questions concerning virtual currency on the IRS's 2021 forms 1040, 1040-SR and 1040-NR, and…
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Corporate Pay and Performance to be Aligned Under New SEC Rule
The Trusted Professional
Seven years after it initially proposed a rule requiring companies to link executive compensation and corporate performance,…
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Forgiven Student Debt Could be Taxed in Some States
NextGen
The welcome news that the government is forgiving student debt for many may have a downside for residents of a few states…
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Free Trades Aren’t Really Free, Study Finds
The Trusted Professional
Free stock trades not only aren’t free, but the process to buy and sell varies by brokerage, to the tune of $34 billion a…
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Regulatory Roundup - August 23-29
The Trusted Professional
AICPA AICPA Releases Comments Requesting Guidance Related to Remote WorkAug. 25, 2022 CBO Cost EstimateH.R. 7188, Modernizing…
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PCAOB and Chinese Authorities Reach Agreement on Audit Inspections
The Trusted Professional
The Public Company Accounting Oversight Board (PCAOB) has achieved a breakthrough in its efforts to audit the financial…
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KPMG to Consolidate Employees in New Headquarters
The Trusted Professional
KPMG will be decamping to new U.S. headquarters, consolidating its workforce from three Manhattan buildings and reducing its…
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President Biden Announces Student Loan Forgiveness Plan
NextGen
President Joe Biden announced his student loan forgiveness plan Wednesday. The plan consists of three parts: 1) Provide…
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