NEWSLETTERS

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  • As time runs out for pandemic-era ERC, IRS adds 5 FAQs March 27, 2025
    The FAQs, which deal mainly with how to handle the employee retention credit on tax returns under various scenarios, are not authoritative but do provide some answers to questions about the expiration of the statute of limitation, an AICPA & CIMA tax practice and ethics manager said.
  • BOI reporting changes don’t affect CTA’s constitutionality, filing says March 27, 2025
    In a brief filed in the Eleventh Circuit, the federal government said the move to remove the beneficial ownership filing requirement for domestic companies does not affect the constitutionality of the Corporate Transparency Act.
  • AICPA, CalCPA jointly call for clarity regarding California climate rule March 26, 2025
    The organizations, on behalf of CPAs, responded to a request for feedback from the California Air Resources Board with recommendations related to guidance on the reporting and assurance requirements of recent legislation.
  • Amendment clarifies CPAs’ financial statement preparation engagements March 26, 2025
    The AICPA Accounting and Review Services Committee approved an update to SSARS No. 21, clarifying that practitioners are not required to apply AR-C Section 70 when financial statements are prepared as part of a consulting engagement. The practical implication is that the engagement would not be required to be subjected to quality management standards or […]
  • AICPA recommends prop. regs. changes for some retirement savings plans March 26, 2025
    The AICPA submitted comments to Treasury and the IRS with recommended changes to proposed regulations for automatic enrollment requirements for most newly established 401(k) and 403(b) plans under the SECURE 2.0 Act.

NEWSLETTERS

View All

RSS RSS FEED

  • As time runs out for pandemic-era ERC, IRS adds 5 FAQs March 27, 2025
    The FAQs, which deal mainly with how to handle the employee retention credit on tax returns under various scenarios, are not authoritative but do provide some answers to questions about the expiration of the statute of limitation, an AICPA & CIMA tax practice and ethics manager said.
  • BOI reporting changes don’t affect CTA’s constitutionality, filing says March 27, 2025
    In a brief filed in the Eleventh Circuit, the federal government said the move to remove the beneficial ownership filing requirement for domestic companies does not affect the constitutionality of the Corporate Transparency Act.
  • AICPA, CalCPA jointly call for clarity regarding California climate rule March 26, 2025
    The organizations, on behalf of CPAs, responded to a request for feedback from the California Air Resources Board with recommendations related to guidance on the reporting and assurance requirements of recent legislation.
  • Amendment clarifies CPAs’ financial statement preparation engagements March 26, 2025
    The AICPA Accounting and Review Services Committee approved an update to SSARS No. 21, clarifying that practitioners are not required to apply AR-C Section 70 when financial statements are prepared as part of a consulting engagement. The practical implication is that the engagement would not be required to be subjected to quality management standards or […]
  • AICPA recommends prop. regs. changes for some retirement savings plans March 26, 2025
    The AICPA submitted comments to Treasury and the IRS with recommended changes to proposed regulations for automatic enrollment requirements for most newly established 401(k) and 403(b) plans under the SECURE 2.0 Act.