Accounting
IRS proposes rules for stock buyback tax
The Internal Revenue Service and the Treasury Department issued proposed rules Tuesday for the stock buyback tax for large corporations.The...
PCAOB proposes far-reaching requirements for audit firm reporting
The Public Company Accounting Oversight Board voted to propose an extensive set of new reporting requirements to impose on auditing...
IRS adds AGI import to Direct File
The Internal Revenue Service has added a new feature to the Direct File free tax filing program that will import...
In the blogs: Acting badly
Chief obstacles; tax illiteracy; what makes a great preparer; and other highlights from our favorite tax bloggers.Acting badlyMauled Again (http://mauledagain.blogspot.com/):...
IRS warns tax pros to beware of spearphishing attacks
The Internal Revenue Service urged tax professionals to steer clear of so-called "spearphishing" scams from cybercriminals, including identity thieves posing...
Energy-related ‘rebates’ not taxable income: IRS
Taxpayers who receive "rebates" — as the Inflation Reduction Act describes performance-based incentives and electrification product subsidies for the purchase...
Some IRS Taxpayer Centers to stay open this Saturday
More than 70 Taxpayer Assistance Centers nationwide will be open this Saturday, April 13, for taxpayers looking for face-to-face help...
SEC pauses climate disclosure rule
The Securities and Exchange Commission has temporarily stayed its climate-related disclosure rule amid a rash of lawsuits.The SEC issued an...
IRS changes how tax pros receive transcripts
The Internal Revenue Service is making some changes in the way it sends tax transcripts for clients to tax professionals...
IRS sees steady growth in Direct File free tax program
The Treasury Department reported increasing usage of the Internal Revenue Service's free Direct File tax-filing system that they've been pilot...
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