CPA Never under estimate the value
Under the requirement, most companies created in or registered to do business in the United States must report their beneficial ownership information (BOI) to the Financial Crimes Enforcement Network.
Source: JOA News
Read More here – AICPA joins coalition to increase awareness of new BOI requirement
The FASAB is seeking comments on its Reexamination of Existing Standards project to ensure that its standards meet users’ needs and provide financial information that supports public accountability and transparency.
Source: JOA News
Read More here – FASAB seeks feedback on its existing standards
The Electronic Communication Uniformity Act, recently introduced in the Senate, would apply the timely mailing/timely filing rule to electronic tax return filings and payments. The AICPA has written to the sponsors of the bill expressing support.
Source: Tax News
Read More here – AICPA supports extending mailbox rule to electronic filing and payments
The Electronic Communication Uniformity Act, recently introduced in the Senate, would apply the timely mailing/timely filing rule to electronic tax return filings and payments. The AICPA has written to the sponsors of the bill expressing support.
Source: JOA News
Read More here – AICPA supports extending mailbox rule to electronic filing and payments
FASB is seeking comments on a proposed Accounting Standards Update related to guidance for entities on determining whether profits interest and similar awards should be accounted for as share-based payment arrangements.
Source: JOA News
Read More here – FASB issues proposed changes to profit-sharing arrangements
The IRS said all returns received for tax year 2021 or earlier have been processed if the returns had no errors or did not require further review.
Source: Tax News
Read More here – IRS backlog lessens; agency plans to resume collection notices
The IRS said all returns received for tax year 2021 or earlier have been processed if the returns had no errors or did not require further review.
Source: JOA News
Read More here – IRS backlog lessens; agency plans to resume collection notices
To ensure a future of abundance, leaders must do better at attracting and nurturing talent.
Source: JOA News
Read More here – Create a magnetic culture at your firm
A strategy for effectively super-funding a Roth is available to some individuals who have a 401(k) or 403(b) account through work. This article explains the basics.
Source: JOA News
Read More here – How the mega-backdoor Roth works
Black CPAs react to study led by Stanford University showing the IRS is up to 4.7 times more likely to audit Black taxpayers than non-Black ones, saying the tax system must be fairer.
Source: Tax News
Read More here – Black CPAs: IRS must end higher audit rates for Black taxpayers
