Category Archives: Tax News

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PCAOB withdraws proposed rules requiring extensive firm and engagement metrics

Category:Tax News

The AICPA had urged the SEC to refrain from approving the rules, warning they would “pose significant challenges” to small and midsize firms. An AICPA statement said that the “PCAOB’s decision not to move forward with the rules is the right one.”


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SEC pauses legal defense of its climate-related disclosures rule

Category:Tax News

The acting SEC chair, who voted against the rule last year, cites “changed circumstances” while calling the rule “deeply flawed.”


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Melancon named to Accounting Hall of Fame

Category:Tax News

Barry Melancon, who retired as CEO of AICPA & CIMA in December, will be one of four inductees into the Accounting Hall of Fame in August.


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BOI penalties increase while reporting rules remain on hold

Category:Tax News

The Financial Crimes Enforcement Network list includes inflation-adjusted amounts for the civil monetary penalties for violating beneficial ownership information reporting rules.


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BOI penalties increase while reporting rules remain on hold

Category:Tax News

The Financial Crimes Enforcement Network list includes inflation-adjusted amounts for the civil monetary penalties for violating beneficial ownership information reporting rules.


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FinCEN hints at BOI reporting changes in court filing

Category:Tax News

If an injunction is lifted, FinCEN will extend BOI filing deadlines for 30 days and reassess the types of companies required to file beneficial ownership information reports, the government said in its filing in a Texas case.


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FinCEN hints at BOI reporting changes in court filing

Category:Tax News

If an injunction is lifted, FinCEN will extend BOI filing deadlines for 30 days and reassess the types of companies required to file beneficial ownership information reports, the government said in its filing in a Texas case.


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IRS delays resignation offer for critical tax season workers

Category:Tax News

IRS employees received an email Wednesday advising them that workers in “critical filing season positions” must work until mid-May.


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IRS delays resignation offer for critical tax season workers

Category:Tax News

IRS employees received an email Wednesday advising them that workers in “critical filing season positions” must work until mid-May.


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Report: Undergraduate enrollment in accounting on the rise

Category:Tax News

The fall semester saw a 12% increase in accounting enrollment from the previous year to the highest figure observed by the National Student Clearinghouse Research Center in four years.