Norwalk, Conn. -- The Financial Accounting Foundation, overseer to both the Financial Accounting Standards Board and the Governmental Accounting Standards Board, appointed Girard Miller and Jan I. Sylvis to five-year terms on GASB. Their terms begin July 1. Miller and Sylvis will succeed outgoing GASB board members Cynthia Green and Edward Mazur, respectively. Miller previously served as president of Janus Funds and chief operating officer of asset manager Janus Capital Group. Sylvis currently is the chief of accounts for Tennessee's Department of Finance & Administration, where she serves as state controller.
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The Center for Audit Quality and Deloitte have released a new report on audit committee effectiveness and priorities.
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The new excise tax under the One Big Beautiful Bill Act will impose new costs on remittances sent by immigrant workers to their family members abroad.
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The Internal Revenue Service and the Treasury released final regulations on the new tax deduction for tipped employees under the One Big Beautiful Bill Act.
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Illicit income; fly like an eagle; subcontractor swindle; and other highlights of recent tax cases.
April 9







