5 Payment Process Improvements
Customer and client convenience demands more online payment methods. Consequently, we thought it was essential to understand these five payment process improvements.
View MoreTSCPA News
= Member Only
Filter by Category:
All Featured (53) For the Public (149) Tax News (500) Accounting & Auditing (239) Business & Industry News (142) Regulatory News (117) Legislative News (57) Chapter News (46) Young CPAs (85) Students (102) TSCPA Press Releases (99)Showing : 621–630 of 1238
FASB Seeks Input on Segment Reporting Proposal
The Financial Accounting Standards Board recently issued a proposed Accounting Standards Update intended to improve the disclosures about a public entity’s reportable segments and address requests from investors and other allocators of capital for additional, more detailed information about a reportable segment’s expenses.
View MoreThe Relationship Between Cybersecurity and SOC 2 Audits
As technological advancements continue to break new ground, data increasingly becomes the most valuable currency in the world.
View MoreTIGTA Report Says IRS Ran Reduced Security Scanning for 3 Years
The Treasury Inspector General for Tax Administration recently released a report concluding that the IRS did not follow its formal written security policy and ran reduced vulnerability scans on its databases for at least three years starting in 2018.
View MoreIRS Updating Sign-in Process for Qualified Intermediaries
The IRS recently announced it will soon be updating sign-in procedures for some of its online applications to improve security.
View MoreIRS Extends R&D Credit Claim Transition Period
The IRS recently announced it is extending for another year the transition period during which taxpayers are provided 45 days to perfect a research and development credit claim for refund prior to the IRS’ final determination on the claim.
View MoreFASB Updates Reporting Standard for Supplier Finance Programs
The Financial Accounting Standards Board recently issued an Accounting Standards Update intended to enhance transparency about the use of supplier finance programs for investors and other allocators of capital.
View MoreTIGTA Releases Report on Accuracy of Advance Child Tax Credit Payments
The Treasury Inspector General for Tax Administration recently released a report presenting the results of its audit assessing the accuracy of IRS procedures in the distribution of last year’s advance Child Tax Credit payments.
View MoreIRS Updates FAQs on Taxability and Reporting of Coronavirus State and Local Fiscal Recovery Funds
The IRS recently updated its frequently asked questions, FS-2022-36, on Coronavirus State and Local Fiscal Recovery Funds.
View MoreIRS Reports Significant Increase in Texting Scams
The IRS is warning taxpayers of a recent increase in IRS-themed texting scams aimed at stealing personal and financial information.
View More