CPA Never under estimate the value
The US Government Accountability Office’s 25 top to-do items for IRS tax administration focus on service, tax fraud, cybersecurity, information reporting, audits and staffing.
Source: JOA News
Read More here – Better taxpayer service among GAO priorities for IRS
An annual survey reveals higher compliance costs in 2022 and suggests that automation may present a path to better efficiency.
Source: JOA News
Read More here – Addressing continued rise in Sarbanes-Oxley Act compliance costs
FASB is seeking feedback on whether IAS 20 represents a workable solution for improving generally accepted accounting principles for business entities as it relates to the accounting for government grants.
Source: JOA News
Read More here – FASB invites stakeholders to share views on accounting for government grants
GASB issued guidance designed to improve the accounting and financial reporting requirements for accounting changes and error corrections.
Source: JOA News
Read More here – GASB guidance focuses on improving, clarifying standards for accounting changes
Last week’s bump was the third midyear increase in the past 14 years, and it came after members of Congress wrote to the IRS about rising fuel prices.
Source: Tax News
Read More here – Midyear IRS mileage rate increase follows precedent, recent pleas
Last week’s bump was the third midyear increase in the past 14 years, and it came after members of Congress wrote to the IRS about rising fuel prices.
Source: JOA News
Read More here – Midyear IRS mileage rate increase follows precedent, recent pleas
The IRS highlights additional abusive taxpayer arrangements and tactics as its annual “Dirty Dozen” series ends.
Source: Tax News
Read More here – Tax-avoidance schemes round out ‘Dirty Dozen’
The IRS highlights additional abusive taxpayer arrangements and tactics as its annual “Dirty Dozen” series ends.
Source: JOA News
Read More here – Tax-avoidance schemes round out ‘Dirty Dozen’
A document issued Thursday by Treasury offers clarity related to, for example, tax and management consulting services that would not be prohibited by the U.S. sanctions announced last month.
Source: Tax News
Read More here – Certain tax services do not violate US ban on provision of accounting services in relation to Russia sanctions
A document issued Thursday by Treasury offers clarity related to, for example, tax and management consulting services that would not be prohibited by the U.S. sanctions announced last month.
Source: JOA News
Read More here – Certain tax services do not violate US ban on provision of accounting services in relation to Russia sanctions
