CPA Never under estimate the value
Kess, who died at age 97, was “a friend to everybody” – and a strong proponent of sharing knowledge with others.
Source: JOA News
Read More here – Remembering the mentorship and impact of Sidney Kess
A new California law is the latest “market driver” pushing ESG reporting forward. With regulations rapidly developing on a global scale, the time has arrived for CPA firms to grab the wheel.
Source: JOA News
Read More here – ESG Symposium synopsis: How to put firms in the driver’s seat
The AICPA Professional Ethics Executive Committee has approved changes to the Code of Professional Conduct related to attest client fees and ethical responsibilities for testing for professional qualifications and competencies.
Source: JOA News
Read More here – PEEC addresses attest client fees and ethics in professional education
The IRS issues a moratorium on new ERC claims processing through at least the end of the year and allows taxpayers to withdraw claims that have been filed but not processed.
Source: Tax News
Read More here – Moratorium imposed on new ERC claim processing to curb abuse
The IRS issues a moratorium on new ERC claims processing through at least the end of the year and allows taxpayers to withdraw claims that have been filed but not processed.
Source: JOA News
Read More here – Moratorium imposed on new ERC claim processing to curb abuse
The opportunities, incentives, and rationalizations to commit fraud abound. Recall what the practitioner’s responsibilities are in an assurance engagement and be sure you are playing your part to ensure the work you do continues to help protect businesses and stakeholders.
Source: JOA News
Read More here – A refresher on fraud and the responsibility for its detection
In advance of proposed regulations, the IRS provided interim guidance to help corporations determine whether they are subject to the new corporate alternative minimum tax and how to calculate the tax, including how to determine financial statement income and applicable financial statement income.
Source: Tax News
Read More here – Guidance issued on applicability and calculation of new corporate AMT
In advance of proposed regulations, the IRS provided interim guidance to help corporations determine whether they are subject to the new corporate alternative minimum tax and how to calculate the tax, including how to determine financial statement income and applicable financial statement income.
Source: JOA News
Read More here – Guidance issued on applicability and calculation of new corporate AMT
Fifty-seven percent of North American CFOs rate current economic conditions as good or very good — up from 34% last quarter — according to a third-quarter survey by Deloitte.
Source: JOA News
Read More here – Optimism on the rise among large-company CFOs, according to survey
The IRS says taxpayers and tax professionals can rely on interim guidance under Sec. 174 for the amortization of research and experimental expenditures released on Friday in Notice 2023-63 until it issues proposed regulations based on the guidance, effective for tax years beginning in 2022.
Source: Tax News
Read More here – Long-awaited guidance provided for amortization of R&E expenditures
