The Senate has confirmed Douglas H. Shulman as the new commissioner of the Internal Revenue Service. Shulman, formerly vice chair of the Financial Industry Regulatory Authority, was nominated in November to replace Acting Commissioner Linda Stiff.“For the majority of Americans who pay their taxes willingly and on time, there must be clear guidance, accessible education and outstanding service,” Shulman said in a statement. “Our aim should be to make it as easy as possible for citizens to pay the correct amount of taxes in the most efficient and least burdensome manner possible. For taxpayers who intentionally evade paying taxes, there must be rigorous enforcement programs.”
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Just over half of accountants report being "highly satisfied" with their jobs, according to an ongoing survey — and perhaps just as important, the sources of dissatisfaction in the profession are becoming clearer and clearer.
August 7 -
Meanwhile, KPMG and Grant Thornton led in terms of new engagements among the largest audit firms.
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Plus, Johnson Lambert launches a new practice; Kaufman Rossin names CIO; and other firm and personnel news from across the profession.
August 7 -
Plus, Bloomberg Tax Provision gets beefed up ; support for FileCabinet CS to expire in 2027; and other updates.
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The wide-ranging Taxpayer Assistance and Service Act includes a requirement for a new IRS office to educate businesses about child care tax breaks.
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One Range Rover, two Ferraris; quite a JOLT; live-video app; and other highlights of recent tax cases.
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