CPA Never under estimate the value
The IRS said it agrees with the six recommendations from the Government Accountability Office to eliminate the bias.
Source: JOA News
Read More here – Bias possible in IRS program for auditing refundable credit returns
Commissioner Danny Werfel said the successful pilot program of Direct File encouraged the IRS to make the program available in all states and the District of Columbia.
Source: JOA News
Read More here – IRS free filing program to become permanent with expanded scope
New guidance features targeted improvements to the financial reporting model established for state and local governments 25 years ago.
Source: JOA News
Read More here – GASB updates its financial reporting blueprint
A pair of reports break down the states where employees enjoy the most freedom when it comes to where they work and the areas where the flexible work model isn’t as common.
Source: JOA News
Read More here – Flexible work rankings: How does your region stack up?
Helping the growing demographic of childfree individuals and couples plan their financial futures requires a shift in perspective.
Source: JOA News
Read More here – Key planning considerations for childfree clients
In addition to the guidance on the plan, the letter recommends that Treasury and the IRS continue pursuing tax simplification.
Source: JOA News
Read More here – AICPA makes recommendations to IRS on next Priority Guidance Plan
Businesses are automating the wrong financial planning and analysis processes, leading to FP&A staff being overextended and burned out, according to a recent report from Gartner.
Source: JOA News
Read More here – Report: Businesses off target on FP&A processes
The AICPA presented Bob Kueppers, CPA, with the 2024 AICPA Gold Medal Award of Distinction, the organization’s highest honor.
Source: JOA News
Read More here – AICPA gives Gold Medal Award of Distinction to Kueppers
AICPA & CIMA leader’s tenure includes the creation of the CGMA designation and creation of the Association of International Certified Professional Accountants.
Source: JOA News
Read More here – CEO Melancon, ‘passionate advocate’ for the profession, to retire
The IRS said scams involving the fuel tax credit, the sick and family leave credit, and household employment taxes led thousands of taxpayers to file inflated refund claims.
Source: JOA News
Read More here – IRS warns about more tax scams
