Regulation and compliance
Regulation
-
The SEC and FASB control the process now, but Congress should give banking regulators a more central role in overseeing the creation of accounting rules.
January 4 -
Pre-season checklist; whether carbon taxes; best Twitter bets; and other highlights from our favorite tax bloggers.
January 3 -
The top Democrat on the Senate Finance Committee wants the service to waive the penalties that he expects to hit millions of workers and families.
January 3 -
The Governmental Accounting Standards Board has posted a proposed implementation guide with a set of questions and answers about GASB’s new standards on accounting and financial reporting for fiduciary activities.
January 3 -
The Securities and Exchange Commission has imposed a civil penalty on the car rental giant for misstating pretax income.
January 2 -
A provision of the Tax Cuts and Jobs Act imposes a tax on excess payments and remuneration of top officials at tax-exempt organizations.
December 31 -
The Internal Revenue Service is offering business taxpayers some breaks related to the state and local tax deduction that was limited under the Tax Cuts and Jobs Act, but only when they make charitable contributions.
December 28 -
The Internal Revenue Service has issued final regulations implementing the centralized partnership regime, allowing the IRS to audit large partnerships, such as hedge funds and private equity firms, more easily.
December 28 -
The good news is that under the Tax Cuts and Jobs Act, QLI is superseded by QIP.
December 28 -
From tax reform to Wayfair, to a new direction for audit and the ongoing impact of technology, here are some of the developments that shaped the profession over the past 12 months.
December 27 -
The total amount of goodwill impairment recorded by U.S. public companies climbed 23 percent last year, reaching $35.1 billion.
December 27 -
Section 404(b) of the Sarbanes-Oxley Act of 2002, which requires public companies to undergo annual audits of the adequacy of their internal controls over financial reporting, appears to be supported by investors who want newly acquired companies to be audited as well, according to a new study.
December 27 -
Revenue Procedure 2019-08 applies some of the changes from the Tax Cuts and Jobs Act.
December 24 -
Experts suggest the lowered rates might have meant more in they'd come during a worse economy.
December 21 -
The measure is seen as doomed in the Senate, however.
December 20 -
Next year’s user conference will focus on 'the path forward for tax compliance.’
December 20 -
The service continues to issue a flood of guidance surround the Tax Cuts and Jobs Act.
December 20 -
New IRS regs on the Tax Cuts and Jobs Act throw the industry some curveballs.
December 20 -
S corp misconceptions; Spanish authorities go after pop singer; changes to withholding under FATCA; and other highlights from our favorite tax bloggers.
December 19 -
The amount of money being brought back is still higher than before the TCJA, however.
December 19















