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The Treasury Department and IRS recently announced guidance providing taxpayers information on how to satisfy the prevailing wage and apprenticeship requirements for enhanced tax benefits under the Inflation Reduction Act.
View MoreThe IRS recently announced that interest rates will increase for the calendar quarter beginning Jan. 1, 2023.
View MoreThe IRS recently issued Notice 2022-62, including a list of required amendments for Section 403(b) plans, which are retirement plans for certain employees of public schools and Section 501(c)(3) tax-exempt organizations and certain ministers.
View MoreThe U.S. Treasury Department recently issued proposed regulations REG-112096-22 concerning the foreign tax credit.
View MoreThe Financial Accounting Standards Board recently issued a proposed new chapter of its Conceptual Framework related to the recognition and derecognition of an item in financial statements.
View MoreThe Public Company Accounting Oversight Board recently issued for public comment a proposed new standard for quality control systems.
View MoreSee the list of Successful Candidates who recently passed the CPA Exam.
View MoreTSCPA Students & Emerging Professionals Manager Megan Williams has been passionate about working with college students and young professionals since her own college years at Middle Tennessee State University (MTSU).
View MoreFew TSCPA members can say they had their first exposure to the accounting profession during the years of World War II.
View MoreOver a decade ago, the FASB established the Private Company Council to address accounting concerns associated with private companies. The PCC works with the FASB in determining whether accounting alternatives or practical expedients for private companies are needed in the U.S. GAAP. The FASB has issued several Accounting Standards Updates as a result of its joint effort with the PCC.
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