manopublication.in

BOI is back; phantom stocks; continuous compliance; and other highlights from our favorite tax bloggers.

The SECURE 2.0 Act contained changes to traditional and Roth individual retirement accounts and 401(k) plans that are being phased in over several years.

The extra year of education is turning away potential CPAs, especially when they can pursue alternative careers with just a four-year degree.

After an injunction was lifted by an appeals court, the Treasury’s Financial Crimes Enforcement Network has extended the deadline for beneficial ownership information reporting.

Proposed regs for the corporate alternative minimum tax may place a major burden on smaller partnerships.

A Washington, DC tax accountant pleaded guilty for submitting falsified documents in his application for a $1.4 million purchase loan, which he later received.

In a comment letter, the institute says the board’s new requirements could drive smaller auditing firms out of the market.

The money will help it expand from payments and collections to a broader practice management platform, and to develop a tax solution.

Critics warn that the measure comes at the cost of pushing the fund further toward insolvency.

Firms that hire experienced people do not usually get what they expect or are paying for.