The American Institute of CPAs named Mark Gardner Peterson to the post of vice president of government affairs. In his new role, Peterson will oversee key lobbying efforts on behalf of the institute. He will report to James A. O'Malley, senior vice president of public affairs and head of the AICPA's Washington office. Prior to joining the AICPA, Peterson served as vice president with the Alpine Group -- a lobbing and government consulting concern -- and as a government affairs executive for former Big Five firm Andersen and for Toyota Motors North America. From 1992 though 1999, Peterson worked in the House Republican leadership in several capacities, including special assistant to then-Speaker of the House Newt Gingrich.In that capacity, he coordinated high-level projects and communications with GOP lawmakers.
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The Securities and Exchange Commission rescinded a policy Monday requiring defendants in settled enforcement actions not to publicly deny the SEC's allegations.
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The Internal Revenue Service increased overtime hours and pay for its employees after extensive staffing reductions and last fall's government shutdown.
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The Internal Revenue Service has improved its ability to flag returns for signs of identity theft, adjusting its filters to reduce false positives and spot fraud.
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Lewis Group CPAs acquired specialty-trades accounting firm Atlas Accounting Group in April, expanding its presence in the Pacific Northwest
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Regional Leader Abbott, Stringham & Lynch acquired San Jose, California-based ArightCo.
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The American Institute of CPAs sent a list of nearly 200 recommendations to the Internal Revenue Service for the IRS's 2026-2027 Priority Guidance Plan.
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