CPA Never under estimate the value
The AICPA’s Assurance Services Executive Committee issued an exposure draft to provide a framework to present information about stablecoins and the assets that back them in order to provide transparency for holders of these digital assets.
Source: JOA News
Read More here – AICPA seeks comments on criteria for stablecoins
More adults would derive happiness from having a solid financial plan in place than they would from pocketing more money, a survey finds, but many of those surveyed also find it difficult to access sound financial advice.
Source: JOA News
Read More here – Happy days: Americans recognize the value of financial planning
With 2023 coming to a close, the time is now for clients to take stock of opportunities to reduce their taxable income and plan for their financial future.
Source: JOA News
Read More here – End-of-year financial and tax considerations
The Federal Accounting Standards Advisory Board issued an amendment providing “an appropriate degree of flexibility” for an interim period.
Source: JOA News
Read More here – FASAB releases transitional accommodations for new leases standard
Treasury’s Financial Crimes Enforcement Network extended the deadline to file beneficial ownership information reports from 30 days to 90 days for companies created or registered in 2024.
Source: Tax News
Read More here – FinCEN extends BOI reports deadline for certain companies
Treasury’s Financial Crimes Enforcement Network extended the deadline to file beneficial ownership information reports from 30 days to 90 days for companies created or registered in 2024.
Source: JOA News
Read More here – FinCEN extends BOI reports deadline for certain companies
The IRS said the voluntary phone survey will take about 20 minutes and will cover topics including e-filing, due diligence requirements, data security, and electronic document submission.
Source: Tax News
Read More here – IRS surveys tax professionals to help it improve services
The IRS said the voluntary phone survey will take about 20 minutes and will cover topics including e-filing, due diligence requirements, data security, and electronic document submission.
Source: JOA News
Read More here – IRS surveys tax professionals to help it improve services
The final Accounting Standards Update, required for annual periods beginning after Dec. 15, 2023, is designed to “improve financial reporting by providing additional information about a public company’s significant segment expenses” in a timely manner.
Source: JOA News
Read More here – FASB issues new segment reporting guidance
Intangible assets and climate-related reporting are among action items that the board, which is responsible for setting standards for federal government entities, will address in the coming years.
Source: JOA News
Read More here – FASAB releases 3-year strategic plan, annual report
