Monthly Archives: March 2025

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Higher threshold for Form 1099-K reporting among AICPA priorities

Category:Tax News

In a letter to congressional finance leaders, the AICPA listed increasing the threshold to $10,000 as one of its priorities.


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AICPA Auditing Standards Board tabs Creps as chair

Category:Tax News

Catherine “Halie” Creps, CPA, a current ASB member and a partner at KPMG, will replace Sara Lord in May, when seven new board members begin their tenures.


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Private Company Council issues annual report for the first time

Category:Tax News

The council, which advocates for private companies during FASB’s standard-setting process, shares recent accomplishments and its vision for the future.


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PCAOB offers reporting guidance on a number of fronts

Category:Tax News

The board offers advice to public company auditors about Form AP, upcoming standards on quality control and confirmation, and in the form of free PCAOB-led forums.