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Black History Month is an important opportunity for us to celebrate the significant contributions and achievements of Black Americans throughout our history, including Black Americans that have been trailblazers in the accounting profession. Learn more about Jesse H. Turner, Sr., the first Black CPA in Tennessee.
View MoreToday, the AICPA and 52 state CPA societies sent a letter to Assistant Treasury Secretary Lily Batchelder and IRS Commissioner Charles Rettig regarding widespread concerns on the Schedules K-2 and K-3 reporting.
View MoreThe IRS and Treasury recently released proposed regulations REG-105954-20 that would amend rules for required minimum distributions from qualified retirement plans and annuity contracts and related matters to conform with statutory changes.
View MoreThe IRS recently announced that interest rates will increase for the calendar quarter beginning April 1, 2022.
View MoreThe IRS recently announced that it is offering a new authentication option of a live, virtual interview with agents for taxpayers who prefer to sign up for an IRS online account without the use of any biometric data, including facial recognition.
View MoreThe International Ethics Standards Board for Accountants recently released for public comment proposed technology-related revisions to the International Code of Ethics for Professional Accountants, including International Independence Standards.
View MoreThe IRS recently released Notice 2021-39 announcing that it is providing an additional exception for tax year 2021 to filing Schedules K-2 and K-3 for certain domestic partnerships and S corporations and provided details on the relief in new frequently asked questions.
View MoreThe IRS recently provided another update to the frequently asked questions for the 2021 Recovery Rebate Credit.
View MoreBlack History Month is an important opportunity for us to celebrate the significant contributions and achievements of Black Americans throughout our history, including Black Americans that have been trailblazers in the accounting profession. Learn more about Mary T. Washington, the first Black female CPA in the U.S.
View MoreThe IRS recently released a revised version of Form 14457, Voluntary Disclosure Practice Preclearance Request and Application, that includes an expanded reporting section and instructions for reporting virtual currency.
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