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The IRS recently released Notice 2022-34, stating that they plan to defer the effective date of final regulations relating to foreign currency used by multinational companies' business units abroad for one year.
View MoreThe Public Company Accounting Oversight Board recently released a draft of its five-year strategic plan, inviting the public to comment on how the organization will pursue its mission of protecting investors from 2022 to 2026.
View MoreThe Financial Accounting Standards Board recently announced that the U.S. Securities and Exchange Commission has accepted the 2022 Q3 Supplemental GAAP Taxonomy, which includes improvements to the GAAP Financial Reporting Taxonomy and the SEC Reporting Taxonomy.
View MoreThe IRS recently announced that interest rates will increase for the calendar quarter beginning Oct. 1, 2022.
View MoreThe IRS and its Security Summit partners recently released a sample security plan and guide designed to help tax professionals, especially those with smaller practices, protect their data and information.
View MoreThe Securities and Exchange Commission recently voted to propose amendments to Form PF, the confidential reporting form for certain SEC-registered investment advisers to private funds.
View MoreAs the new school year begins, the IRS is reminding teachers and other educators that they'll be able to deduct up to $300 of out-of-pocket classroom expenses for 2022 when they file their federal income tax return next year.
View MorePresident Joe Biden recently signed two bills allowing the federal government more time to find and prosecute fraud related to the Paycheck Protection Program and COVID-19 Economic Injury Disaster Loans.
View MoreThe IRS recently issued Notice 2022-33, extending the deadline for compliance with certain provisions of the Setting Every Community Up for Retirement Enhancement Act of 2019, the Bipartisan American Miners Act of 2019 and the Coronavirus Aid, Relief, and Economic Security Act.
View MoreThe IRS has released a draft version of Form 1040 for the tax year 2022, along with drafts of related forms and schedules.
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