Internal Revenue Service Commissioner Chuck Rettig told an audience of tax professionals and accountants that he wants to hear from them about the impact of the far-reaching IRS reform legislation that Congress passed earlier this year. IRS chief asks CPAs to weigh in on agency changes | By Michael Cohn 4 min read | Internal Revenue Service Commissioner Chuck Rettig told an audience of tax professionals and accountants that he wants to hear from them about the impact of the far-reaching IRS reform legislation that Congress passed earlier this year. | | FASB approves guidance to help with LIBOR transition | By Michael Cohn 4 min read | The Financial Accounting Standards Board approved an accounting standards update to help companies make the transition from the London Interbank Offered Rate to newer reference rates. | |
Preparing your firm for unexpected disasters | By Mick Whittemore 3 min read | If your firm is in a coastal region, then you’re likely aware of the threat that hurricanes pose to your business operations through much of the summer and fall. | | |