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The FASB recently announced that the SEC has accepted the 2022 GAAP Financial Reporting Taxonomy and the 2022 SEC Reporting Taxonomy. The FASB also finalized the 2022 DQC Rules Taxonomy.
View MoreThe Securities and Exchange Commission recently proposed rule changes that would require registrants to include certain climate-related disclosures in their registration statements and periodic reports.
View MoreTax professionals are reminded that the Tennessee Department of Revenue extended the franchise and excise tax filing and payment deadlines to May 16, 2022, for 13 counties impacted by severe weather on Dec. 10-11, 2021.
View MoreMeet TSCPA Student Ambassador Kainat Bhayani.
View MoreThe IRS recently released Rev. Proc. 2022-17, issuing higher new depreciation limitations for passenger automobiles.
View MoreThe Federal Reserve recently increased the price of borrowing money by a quarter point, its first rate increase since 2018.
View MoreThe U.S. Small Business Administration recently announced that it is providing additional deferment of principal and interest payments for existing COVID Economic Injury Disaster Loan program borrowers for a total of 30 months deferment from loan inception.
View MoreThe IRS recently issued Notice 2022-13, which provides a waiver of the addition to tax under section 6654 for underpayment of estimated income tax by qualifying farmers and fishermen.
View MoreThe Securities and Exchange Commission recently proposed amendments to its rules to enhance and standardize disclosures regarding cybersecurity risk management, strategy, governance and incident reporting by public companies.
View MoreThe IRS recently updated its frequently asked questions on the 2021 Child Tax Credit and advance CTC payments.
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