JournalofAccountancy1d
Appeals court reinstates injunction that halts BOI enforcement
Three days after a panel of judges granted a government motion to lift the injunction, another panel said it was reinstating a lower court’s ruling. An AICPA statement urged CPAs to be prepared to ...
JournalofAccountancy5d
Injunction lifted; FinCEN extends most BOI deadlines to Jan. 13
The deadline for most reporting companies to file beneficial ownership information (BOI) reports was extended to Jan. 13, 2025, by the Financial Crimes Enforcement Network (FinCEN), hours after a ...
JournalofAccountancy4d
IRS proposes new rules for tax professionals
Treasury and the IRS on Friday proposed regulations to update the rules that govern practice before the IRS. These rules are contained in Treasury Circular 230, Regulations Governing Practice Before ...
JournalofAccountancy5d
A&A Focus recap: Updates on CECL and artificial intelligence
The AICPA A&A Focus Series webcast on Dec. 11, brought together leading voices in private company and nonprofit accounting, artificial intelligence, and assurance to discuss current developments and ...
JournalofAccountancy8d
AICPA asks SEC to reject PCAOB rules that pose 'significant challenges'
An AICPA comment letter sent Thursday asked the SEC to not approve PCAOB final rules related to firm and engagement metrics and firm reporting. "We believe the recently adopted PCAOB rules will pose ...