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The Financial Accounting Standards Board (FASB) hit a significant milestone in 2023. Established in 1973, the FASB is still going strong, after 50 years.
View MoreAmid rising concerns about a flood of improper Employee Retention Credit (ERC) claims, the IRS announced an immediate moratorium through at least the end of the year on processing new claims for the pandemic-era relief program to protect honest small business owners from scams.
View MoreMarcy R. Binkley, DBA, CPA, is one of only 36 CPAs selected by the American Institute of CPAs to join the 2023 class of its Leadership Academy.
View MoreDid you know that non-CPA members of your firm or organization are now eligible to join TSCPA as an affiliate member?
View MoreThe U.S. Treasury Department and the IRS recently issued Notice 2023-64 to provide additional interim guidance designed to help corporations determine whether the new corporate alternative minimum tax applies to them and how to compute the tax.
View MoreThe AICPA and state societies, including TSCPA, have designated November as Accounting Opportunities Month.
View MoreThe FASB recently voted to issue a cryptoassets standard requiring entities to report on fungible crypto holdings using the fair value measurement standard.
View MoreThe IRS recently announced that starting Jan. 1, 2024, businesses are required to electronically file (e-file) Form 8300, Report of Cash Payments Over $10,000, instead of filing a paper return.
View MoreThe AICPA Auditing Standards Board has issued an exposure draft Proposed Statement on Standards for Attestation Engagements to align certain concepts around standards for audits, reviews and compilations.
View MoreThe IRS recently issued Notice 2023-56 providing guidance on the federal tax status of refunds of state or local taxes and certain other payments made by state or local governments to individuals.
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