The Securities and Exchange Commission has reappointed Daniel Goelzer to a second five-year term at the Public Company Accounting Oversight Board. Prior to joining the PCAOB in 2002, Goelzer spent seven years as general counsel at the SEC. He is also a CPA and was an auditor at Touche Ross, the predecessor firm to Deloitte & Touche. SEC chairman Christopher Cox said that Goelzer "brings broad perspective to the board through his substantial experience as a regulator and practitioner. We are fortunate that he is willing to serve the nation, investors, and our markets in this capacity."
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The Internal Revenue Service and the Treasury Department released final regulations on the transfer of clean energy manufacturing, investment and production tax credits, with specific rules for partnerships and S corporations.
3h ago -
Sens. Cassidy and Warren teamed up to introduce legislation aimed at making math error notices from the IRS easier to understand.
3h ago -
A recent experiment tested different generative AI models against each other on the CPA Exam and found they each have their own strengths and weaknesses.
7h ago -
Firms must transform their business models to afford the cost of multilayered retention strategies, a new report by the Pennsylvania Institute of CPAs says.
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The IRS has long offered alternative dispute resolution, but says use has declined in recent years, and it hopes to make it more attractive and accessible.
April 24 -
Turns out clients are as mistaken about tax preparers as they are about taxes.
April 24