The IRS said President Donald Trump’s executive order calling for a hiring freeze caused it to rescind all jobs offered with a start date after Feb. 8.
In another case in Texas, a judge issued a nationwide order prohibiting enforcement of beneficial ownership information reporting requirements, meaning BOI reports are still on hold.
The "targeted improvements" to the FASB Accounting Standards Codification are a part of an evergreen project focused on making incremental changes to GAAP. Public comments on the ASU, published ...
The AICPA’s vice president–Tax Policy & Advocacy said President Donald Trump’s executive order to freeze hiring at the IRS should not affect seasonal employees, who likely are already hired and ...
IRS Commissioner Danny Werfel announced Friday that he would resign. Werfel, appointed to the role in early 2023, had two years left on his term. He said in a message to employees: "After significant ...
New pilot programs will test changes to existing alternative dispute resolution (ADR) programs, including fast-track settlements (FTS), the IRS said Wednesday in Announcement 2025-6. The first pilot ...
The SEC's Office of the Chief Accountant (OCA) is accepting applications for Professional Accounting Fellow positions that will begin in the summer of 2025. OCA is seeking candidates who want to ...
The IRS issued final regulations (T.D. 10030) on Tuesday that address resolution of federal tax controversies by the Independent Office of Appeals. The regulations include 24 exceptions to ...
The IRS issued final regulations (T.D. 10027) regarding taxpayers who must pay taxes on gifts or bequests that they receive from certain individuals who gave up their U.S. citizenship or residency.
Risk management, in the words of Sarah Ference, CPA, doesn't have to be overly complicated or time consuming. "It's really a mindset," said Ference, an author of the JofA's Professional Liability ...
The AICPA A&A Focus Series webcast on Jan. 8 invited back experts for a discussion of several important topics, including a frequently-asked-question segment on the upcoming AICPA Quality Management ...