CPA Never under estimate the value
The IRS issued the 2021 limit for excepted benefit health reimbursement arrangements using the Chained Consumer Price Index for All Urban Consumers inflation-adjustment method.
Source: JOA News
Read More here – Inflation-adjusted limit for 2021 HRAs issued
The SEC adopted amendments that are designed to reduce situations that trigger independence rule violations in situations that don’t necessarily impair an auditor’s objectivity or impartiality.
Source: JOA News
Read More here – SEC aims to reduce unnecessary auditor independence red flags
With state and local governments facing serious pandemic-related concerns, the Governmental Accounting Standards Board is providing relief and resources while also working on its “big three” high-impact projects for the future. GASB Chairman Joel Black explains in this Q&A.
Source: JOA News
Read More here – Government reporting and the future: A Q&A with GASB Chairman Joel Black
A report released by the Alliance for Responsible Professional Licensing examines successful mobility and reciprocity practices in state licensure that permit professionals to practice across state lines.
Source: JOA News
Read More here – Report supports established interstate mobility principles
FASB published a new standard that clarifies accounting requirements for callable debt securities.
Source: JOA News
Read More here – FASB clarifies callable debt securities accounting
Treasury’s Financial Crimes Enforcement Network announced that this year’s deadline to e-file FinCEN Form 114, Report of Foreign Bank and Financial Accounts, on the Bank Secrecy Act E-Filing System has been extended.
Source: Tax News
Read More here – FBAR deadline is extended
Treasury’s Financial Crimes Enforcement Network announced that this year’s deadline to e-file FinCEN Form 114, Report of Foreign Bank and Financial Accounts, on the Bank Secrecy Act E-Filing System has been extended.
Source: JOA News
Read More here – FBAR deadline is extended
The chair of the Financial Accounting Standards Board describes his vision for standard setting and his dedication to making sure the costs of new rules don’t exceed the benefits.
Source: JOA News
Read More here – Costs and benefits: A Q&A with FASB Chair Richard Jones
The Social Security Administration announced that the maximum amount of wages subject to the old age, survivors, and disability insurance tax will increase to $142,800 in 2021 from $137,700 in 2020.
Source: Tax News
Read More here – 2021 Social Security wage base announced
The Social Security Administration announced that the maximum amount of wages subject to the old age, survivors, and disability insurance tax will increase to $142,800 in 2021 from $137,700 in 2020.
Source: JOA News
Read More here – 2021 Social Security wage base announced
