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Tennessee Society of Certified Public Accountants applauds the five members of the Tennessee Congressional delegation who joined many of their colleagues in signing bipartisan letters to the Treasury Department urging it to improve this year’s tax filing season process.
View MoreThe Public Company Accounting Oversight Board recently announced the creation of two new advisory groups, the Investor Advisory Group and the Standards and Emerging Issues Advisory Group.
View MoreThe IRS recently issued Rev. Proc. 2022-14, updating the list of accounting method changes that are available automatically.
View MoreThe IRS recently released 2021 filing season frequently asked questions on the expanded Child Tax Credit to assist taxpayers in preparing their tax year 2021 tax returns.
View MoreThe IRS is advising taxpayers to look to their IRS Online Account for the most up-to-date amounts of the advance Child Tax Credit to include on their tax returns instead of the amounts in the letters it has been sending.
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 John W. Cromwell, Jr., the first Black CPA in the U.S.
View MoreThe International Public Sector Accounting Standards Board recently issued International Public Sector Accounting Standard 43, Leases.
View MoreThe Tax Professionals United for Taxpayer Relief Coalition has released a statement in response to recent actions by the IRS to suspend “some notices to taxpayers” for the upcoming tax filing season.
View MoreThe IRS has recently implemented a new identity verification process for taxpayers who want to access their online accounts and self-help tools.
View MoreThe Securities and Exchange Commission recently voted to issue two proposals that would require segments of the market to disclose more financial information more frequently and Alternative Trading Systems that trade Treasuries and other government securities to register with the SEC.
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