Regulation and compliance
Regulation and compliance
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The board is providing information to help companies with its disclosure standards before they take effect in January.
December 14 -
High-stakes Treasury guidance for claiming hydrogen production tax credits has drawn the ire of Senator Joe Manchin.
December 14 -
2024 will be a demanding year for internal auditors who will be facing new requirements and updated standards.
December 12 -
The Treasury Department and the Internal Revenue Service expect to issue proposed regulations to address the application of the foreign tax credit and related rules.
December 11 -
Bartov testified that he "did not find any evidence of material misstatement" in the former president's financial statements and "no evidence whatsoever for any accounting fraud."
December 11 -
The Internal Revenue Service's Independent Office of Appeals hopes to improve both service and the experience of its workforce.
December 8 -
The service is sending 20,000 disallowance letters, with more action and a voluntary disclosure program coming.
December 8 -
Municipal bond investors and government regulators could benefit from easier access to consistent, machine-readable financial data from government bond issuers.
December 7 -
In this truly last Vendor Spotlight of 2023, we talk to Aaron Jacob, head of accounting solutions at TaxBit.
December 6 -
The International Financial Reporting Standards Foundation trustees reappointed Emmanuel Faber to serve a second term as chair of the International Sustainability Standards Board through the end of 2027.
December 5 -
The rules, which aren't finalized, include measures sought by environmentalists that would require hydrogen-production operations to be powered by wind, solar or other clean-power projects built within the last three years to qualify for a $3-per-kilogram credit.
December 5 -
Moore v. U.S. could "basically get rid of, I don't know, a third of the tax code," former House Speaker Paul Ryan has said.
December 4 -
An anonymous tipster helped the agency catch more than 100 high net worth individuals who paid a combined $71 million in previously avoided taxes.
December 4 -
The hub will support use of the International Sustainability Standards Board frameworks for disclosing climate risks.
December 1 -
A group of Senate Democrats and independents introduced legislation Thursday to eliminate loopholes and tax breaks for billionaires.
November 30 -
The service is warning taxpayers to be on the lookout for charity fraud as accountants look to advise clients on how to detect and avoid fraud.
November 30 -
The case involves a former hedge fund manager whom the SEC accused of misleading investors.
November 30 -
The pressure to establish an ESG reporting framework is mounting as various regulatory bodies issue guidance.
November 30 -
The lower 1099-K threshold will produce millions more forms to be sent to taxpayers, and may prompt many to abandon online marketplaces and gig economy jobs.
November 28 -
A short window won't necessarily stop lawmakers from proposing or introducing new legislation, though — if only to position themselves ahead of next November's election.
November 27



















