IRS layoffs expected despite tax season assurances
The Internal Revenue Service is reportedly planning layoffs of thousands of first-year probationary employees in the midst of tax season as soon as this week.
Virginia adds path to CPA licensure
Virginia, Pennsylvania and Minnesota made headway in adding alternative pathways to CPA licensure.
Expect a tempest in tax under Trump
From the International Revenue Service to international issues, the second Trump administration promises plenty of change in the world of tax.
The regulatory forecast: Less, and lighter
Under the new administration, accountants can expect a lighter hand from the Public Company Accounting Oversight Board and other regulators.
Citrin Cooperman buys HW&Co.
The Top 25 Firm has acquired a Regional Leader, its first acquisition since Citrin’s private equity backer changed from New Mountain Capital to Blackstone.
Art of Accounting: SmartProof template available
When staff use this SmartProof worksheet, they have a method to self-check and self-review their own work and fix any errors before it goes to the reviewer.
PCAOB quizzes auditors on new quality control standard
The board has posted a series of “knowledge checks” to help auditors gauge their understanding of its new quality control standard.
House committee advances IRS legislation
The House Ways and Means Committee passed a set of bipartisan bills aimed at improving tax filing and administration at the Internal Revenue Service.
On the move: FICPA graduates 23 from Leadership Academy
American Accounting Association inducts Hall of Famers; Armanino launches professional services group; and more news from across the profession.
AICPA, NASBA propose alternative path to CPA license
The American Institute of CPAs and the National Association of State Boards of Accountancy proposed changes in the Uniform Accountancy Act model legislation.