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Emma Slack-Jorgensen
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FASB to Build Its Agenda Based on Input in 2025
Accounting
Bloomberg Tax reported that the Financial Accounting Standards Board’s (FASB) top priority for 2025 is identifying which…
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More Gen Zers Will Enter the Workforce in 2025, and Here's What to Expect
NextGen
Although millennials are still dominating the U.S. workforce, Gen Z is not far behind, according to Forbes, which…
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Treasury, IRS Propose Regulations Updating Rules for Tax Professionals
Taxation
The Treasury Department and the IRS issued proposed regulations, which were published in the Federal Register on Dec.…
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FinCEN Extends to Jan. 13 Most BOI Deadlines as Federal Court Lifts CTA Injunction
The Trusted Professional
According to an alert from the Treasury Department's Financial Crimes Enforcement Network (FinCEN), given the Dec. 23 2024…
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AICPA Letter Asks the SEC to Reject PCAOB Final Rules on Firm and Engagement Metrics
Accounting
The AICPA on Dec. 19 sent a comment letter to the Securities and Exchange Commission (SEC) against the Public Company…
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Bill to Prevent Government Shutdown Did Not Include BOI Reporting Deadline Extension
Accounting
According to the Journal of Accountancy, the bill that was passed on the night of Dec. 20 to prevent a federal government…
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FASB Solicits Comments on Accounting for Intangibles
The Trusted Professional
On Dec. 19, the Financial Accounting Standards Board (FASB) published an Invitation to Comment (ITC) offering…
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Three Major Workplace Trends to Look Out for in 2025
NextGen
With this year coming to a close, Fast Company enumerated three major workplace trends in 2024. It also discussed some of the…
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GAO: Opportunities Exist to Expand Access to IRS' Direct File Service
Taxation
In a December 2024 report, the Government Accountability Office (GAO) said that the opportunities exist to expand access to…
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