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Emma Slack-Jorgensen
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Regulatory Roundup - July 6-8
The Trusted Professional
AICPA AICPA Solicits Feedback on CPA Exam Exposure Draft :Stakeholders are invited to provide input on the CPA Exam…
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Companies Increasingly Move Manufacturing Back to U.S. Factories from China
The Trusted Professional
More than two years after the start of the pandemic, companies are continuing to relocate manufacturing back to the United…
Read More
TIGTA to Investigate Intensive Audits of Comey and McCabe
Taxation
The IRS has asked the Treasury Inspector General for Tax Administration (TIGTA) to look into how former FBI Director James…
Read More
Recipients of Digital Assets Must Report Senders' Identity to IRS Starting in 2024, or Face Penalties or Criminal Charges
Taxation
A little-known provision of the infrastructure law passed last November will, starting in 2024, require certain taxpayers…
Read More
Lax Gatekeeping Has Led IRS to Approve Host of Fake Charities as Tax-Exempt
Taxation
A fast-track application system introduced in 2014 has led the IRS to approve a large number of fake charities as…
Read More
Regulatory Roundup - June 28 - July 5
The Trusted Professional
CBO Report An Analysis of the Discretionary Spending Proposals in the President’s 2023 Budget July 1, 2022 CBO…
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Employers, Including Large Firms, Hand out Midyear Raises in Response to Inflation
The Trusted Professional
In an effort to retain workers during this time of high inflation, many large employers, including accounting firms, are…
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Business Appraisal: Case Law Update
Corporate Taxation
I recently had the privilege of presenting at the FAE 2022 Business Valuation/Litigation Services Conference on recent case…
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The IRS Issues Revised Audit Technique Guide for Cost Segregation Analysis
Federal Taxation
On June 9, the Internal Revenue Service (hereinafter the “Service”) issued a revised Audit Technique Guide to assist…
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