Regulation and compliance
Regulation
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Tax pros have some requests -- and some strong words -- for legislators.
February 8 -
The German online payments firm Wirecard AG has seen its stock plunge by more than a third in recent days on reports of accounting misdeeds.
February 8 -
City Council members thrashed the retailer for its resistance to unions, working conditions at warehouses and its founder’s wealth.
February 8 -
The president said he would consider changes to a controversial cap on the federal deduction for state and local taxes.
February 7 -
House Democrats are facing off with Republicans over getting their hands on the president’s tax returns.
February 7 -
The Financial Accounting Standards Board hopes to simplify the move to the new credit loss rules by offering an option to measure certain assets at fair value.
February 6 -
People who ended up with unexpectedly large tax bills after the Tax Cuts and Jobs Act have been tweeting their displeasure at President Trump.
February 6 -
A New York state lawmaker has introduced a bill that would make President Donald Trump’s “opportunity zones” tax break less valuable to real estate developers.
February 6 -
The Tax Cuts and Jobs Act has complicated an already-complicated situation.
February 5 -
New York collected $2.3 billion less income-tax revenue than predicted for December and January, and the governor blamed the new federal tax law.
February 5 -
The president is likely to boast about the Tax Cuts and Jobs Act and its boost to the economy during the annual address.
February 5 -
Wayfair and the Tax Cuts and Jobs Act continue to dominate.
February 5 -
Most organizations are using manual workarounds to comply with the new rev rec standard, according to a survey by Ernst & Young.
February 4 -
The Defense Department will soon force accounting firms it hires to disclose investigations they face.
February 4 -
Two major factors are shaping the filing season that just started.
February 4 -
NCCPAP's Neil Fishman talks about the issues facing small firms and sole practitioners.
February 4 -
The Internal Revenue Service reportedly had to cope with 5 million pieces of unopened mail when its employees returned to work after the 35-day government shutdown, and the agency posted advice on its website on how it was working to resume normal operations.
February 1 -
The Financial Accounting Standards Board held a roundtable discussion on its new credit losses standard, with some mid-tier banks asking it to reconsider.
January 31 -
A perk pitched as a boon for mom-and-pop businesses in President Donald Trump’s tax law could shut out smaller real estate investors while benefiting the industry’s largest property developers.
January 31 -
Senators Chuck Grassley and Ron Wyden asked to keep the program going for tax practitioners in the wake of the government shutdown.
January 30

















