AICPA Issues New Forensic Accounting Standards
The AICPA recently issued new professional standards for members who perform forensic accounting services engagements.
View MoreTSCPA News
= Member Only
Filter by Category:
All Featured (87) For the Public (64) Business & Industry News (3) Chapter News (1) Legislative News (5) Regulatory News (29) Tax News (47) Young CPAs (1) Accounting & Auditing (1)Showing : 1–10 of 87
Tennessee Society of CPAs Announces New Board of Directors
The Tennessee Society of CPAs’ 2019-20 Board of Directors was recently announced at the TSCPA annual meeting and convention.
View MoreTSCPA Supports Practitioner Services Division at IRS
TSCPA members recently met with members of Congress to ask them to support consolidating existing IRS units into a Practitioner Services Division so that taxpayer issues are resolved more efficiently.
View MoreAICPA to Oversee New Internet Domain Extension for CPAs
AICPA recently announced it is in the process of being awarded the .cpa internet domain extension and is currently in a contract execution phase with the internet’s global governing body, the Internet Corporation for Assigned Names and Numbers.
View MoreFASB Looking at Delaying Standards for Private Companies and Nonprofits for Two Years
FASB is considering giving accountants at privately held companies and nonprofit organizations an extra two years to implement standards, instead of the one year it sometimes extends them.
View MoreIRS Reform Bill Approved by Congress
Congress recently voted to approve an IRS reform bill, the Taxpayer First Act.
View MoreIRS and Treasury Department Issue Global Intangible Low-Taxed Income Guidance
The Treasury Department and IRS recently issued final and proposed regulations concerning global intangible low-taxed income.
View MoreGASB Establishes Guidance to Assist with Implementation and Application of Various Pronouncements
The Governmental Accounting Standards Board recently issued guidance intended to clarify, explain, or elaborate on the implementation and application of certain GASB Statements.
View MoreState Legislature Votes to Repeal Professional Privilege Tax for CPAs effective May 31, 2020
The Tennessee General Assembly unanimously approved a state budget that will eliminate the professional privilege tax for CPAs after May 31, 2020. The budget will now go to the Governor for his signature, and TSCPA believes that it will be approved by Governor Lee.
View MoreIRS Modifies and Supersedes Revenue Procedure 2018-52
The IRS recently announced Revenue Procedure 2019-19 will modify and supersede Rev. Proc. 2018-52, 2018-42 I.R.B. 611, which sets forth the Employee Plans Compliance Resolution System (EPCRS).
View More