New compilation and review report requirements issued

2018 News Archive

• 2018 Employee Benefit Plans Conference - Call for Speakers
• IRS Updates-personal identification requests and e-services validation
• Tax Reform Update Slides
• E.Cohen & Company, CPAs Promotes Three to Principal
• Margaret DeBoe Leadership Program Welcomes 2nd Class
• FASAB Call for Candidates - March 15 Deadline
• 2018 Nonprofit Symposium Call for Speakers
• Treasury regulations to be subject to OMB review
• Many corporations will pay a blended federal income tax this year under the new tax reform law
• IRS to spend $397M to implement new tax law
• 2018 Greater Washington Society of CPAs Award Program
• IRS extends tax-filing deadline to midnight Wednesday, April 18
• Report finds big fraud problems for small businesses
• House approves IRS reform bills
• Businesses Still Not Ready for New Lease Accounting Standards
• Sage Intacct Partners with GuideStar for Nonprofit Financial Management
• Automation in finance: Get your team ready
• IRS, Security Summit Partners Warn of New Twist on Phone Scam
• Congressional staff aims to finish technical corrections to tax reform bil
• FASB proposes targeted changes to collaborative arrangements standard
• IRS gives taxpayers relief from erroneous HSA contributions
• FinREC issues 2 revenue recognition working drafts
• IRS Addresses 'Tip Boxes'
• FASB addresses stranded income effects of tax law
• The generational transition affects clients, too
• FASB supersedes outdated guidance related to Circular 202
• IRS expands access to info on tax-exempt groups
• How GDPR Will Impact U.S.-Based Firms
• IRS issues HSA contribution limits for 2019
• Federal Tax Cuts Leave States in a Bind
• FASAB proposes new standards for accounting and reporting of government land
• GASB issues implementation guidance
• Standard mileage rates, depreciation amounts updated
• IRS warns tax practitioners of new phishing scam
• Inter-entity cost accounting rules amended for federal agencies
• U.S. companies keen on hiring, but they see fewer candidates
• Draft 2019 Form W-4 and instructions posted
• Planning ideas from Form 1040 (and beyond)
• Add value to audits with client-focused analytics
• Need for IRS Guidance on New Pass-Through Deduction A Top Member Concern
• AICPA advocates for IRS tax guidance priorities
• SEC unveils goals for next 4 years
• AICPA report: Seniors increasingly targeted for investment fraud

2017 News Archive

• 2017 Board Nominations
• Private Company Council Seeks Nominations
• GWSCPA's FISC comments on March 2017 Exposure Draft
• GWSCPA's W2W Nominations
• 2017 Greater Washington Society of CPAs Awards Program!
• 2017 Nonprofit Symposium Call for Speakers
• CBM Merges in Tax Expertise
• CBM Announces Staff Promotions
• GWSCPA 2017 Scholarship Award Recipients
• GWSCPA Celebrates 94th Year
• Message from FY18 Board President
• GWSCPA Career Fair
• Chinese Delegation
• WRAG's Impact Investor Network (WIIN)
• UPS and FedEx Holiday Volume
• 2017 W2W Nominees
• FASB New Standards Announcement
• #CPApowered Campaign
• Virginia Offers Tax Amnesty
• YPTC Alleva Managing Partner
• District of Columbia Tax Rate Changes Effective October 1
• CBM to Merge in Tax and Financial Consulting Expertise of May & Barnhard, P.C
• GWSCPA's FISC comments on October 2017 Exposure Draft
• Computer System Changeover Starts 9 p.m. Tonight, October 23 for Sales and Use and Street Vendor Filers
• GWSCPA Announces Winners of the 2017 Women to Watch Awards
• A Closer Look at the 2018 FedEx and UPS Rate Increases
• FAF TRUSTEES NAME NEW MEMBERS TO THE FASAC
• GRF News

2016 News Archive

• NASBA Provides First-Ever Official Count of CPAs
• FASB Issues Update Clarifying Revenue Recognition Issue
• Heed this Advice for Helping Clients Resolve Their Unpaid Taxes
• IRS Warns of New Phone Scam Tactic
• Art of Accounting: Staying in Control
• FASB Issues New Guidance on the Recognition and Measurement of Financial Instrument
• The Research Tax Credit Is Back And Better Than Ever
• 10 Habits That Threaten Business Data Security
• FASB Scraps Controversial Bank Debt Rule
• State Taxes in 2016: It is All About the Base
• IASB issues leases standard; FASB to follow
• FASB Seeks Public Comment
• Audit committees prefer customized, tailored audit quality indicators
• Clinton Tax Plan Hits Top Earners with Highest Rate Since 1986
• Obama Proposes to Expand Tax Cuts for Childless Workers
• IRS Takes Months to Accommodate Disabled Employees
• The Top 5 Accounting Mistakes by Small Business Owners
• How to Evolve Your Accounting Firm In 2016
• Newly-Permanent Research Tax Credit Opens Opportunities for Businesses of All Sizes
• IRS Shifting Priorities for Advisory Panel
• IRS Kicks Off Tax Season
• Notice postpones Sec. 501(c)(4) social welfare organization requirements
• Inspector General on 'High Alert' for Tax Scams
• Millennials can play a role in move to value pricing
• 5 Tips For Flextime In CPA Firms
• How Firms Can Optimize Staff Productivity During Tax Season
• FASB proposals address retirement benefit reporting
• IRS to Revamp Fraud Detection System for New Identity Theft Techniques
• Federal reporting entities get alternative method for opening balance valuations -
• Revenue recognition, lease standards challenge preparers
• Less Than One Week Left To File W-2s and 1099s
• Financial performance reporting among priorities as FASB sets agenda
• IRS Systems Outage Shuts Down Tax Processing
• Proposal aims for uniformity in CPE credit increments
• The State of the M&A Market
• The Year-Round Tax Problem
• New Tax Law Offers More Benefits to Parents
• 11 Tips On Employee Expense Reimbursements
• How Accounting Firm Partners Delude Themselves
• Congress enacts permanent ban on state and local internet taxes
• IRS Detects Attack on Electronic Filing PIN App
• Obama Budget Includes Tax Increases and Tax Preparer Regulation
• Due date for estate basis reporting postponed once again
• Investors Increasingly Wary of Volatile Markets
• Obama's Final Budget Proposal Includes Sweeping Tax Changes
• Global CFO Survey Shows Crash in Business Confidence
• Tech CFOs See Lower Valuations But More Deals
• Dirty dozen tax scams of 2016
• Internal auditors challenged by cybersecurity, data quality
• IRS Warns Preparers about Protecting Electronic Filing IDs
• 4 Payroll Considerations for Nonprofits
• How to Avoid a State Tax Audit
• 4 Simple Steps to Grow Accounting Firm Business
• Congress Passes Law Banning Internet Access Taxes
• FASB ISSUES NEW GUIDANCE ON LEASE ACCOUNTING
• FAF Trustees Announce New Appointment to FASB
• IRS Two Steps Closer to Regulating Tax Preparers
• Is Your Accounting Firm's Partnership Model Broken?
• Economist Says Fear Of a U.S. Recession Is Overblown
• Reaching a Consensus on Management Review Controls
• Financial Regulators Have Cyber on Their Minds
• CPA decision-makers turn negative about U.S. economy
• Estate basis consistency reporting rules are proposed
• Career Builders and Killers for CPA Firm Staff
• 3 Tips for Accounting Firm Practice Management
• 11 Ways Small Businesses Lose Employees
• Why FASB Should Hit Pause
• FASB eliminates effective dates for private company alternatives
• How to Lead an Effective Internal Audit Function
• IRS to Fix Controls over Obamacare Tax Credits
• International Audit Regulators Seek Faster Improvement
• FASB Addresses Breakage Recognition, Derivative Contract Novations
• IRS Changes in Tax Return Due Dates Promise to Help Preparers Next Year
• 5 Reasons Accounting Firms Should Have A Formal Mentoring Program
• FASB Simplifies Transition to Equity Method of Accounting
• FASB clarifies embedded derivative standards
• PCAOB Gets Budget Increase of Almost 3%
• Treasury Launches Counteroffensive against IRS Phone Scammers
• IRS Business Audits Plummet Due to Budget Cuts
• There is a Tax Method to March Madness
• Tax Scammers Phishing Attempts Getting More Bold
• Accounting Firms Get an F for Phone Skills
• Regulation still reigns as top risk for 2016
• IRS launching competition to redesign taxpayer experience
• IRS Highlights Top 10 Identity Theft Prosecutions
• FASB Sets Up Transition Group for Credit Loss Standard
• How the U.S. presidential election is shaping business decisions
• Applications from exempt organizations do not contain protected return information
• How to Turn Post Tax Season Into Business Valuation Season
• Valuation: Teach Clients To Treat Their Businesses As An Investment
• FASB issues standard to simplify share-based payment accounting
• IAASB issues summary financial statement audit reporting guidance
• GASB issues accounting guidance for irrevocable split-interest agreements
• Anti-fraud controls cut significantly into losses, new report finds
• The Spirit of Accounting
• CFO Outlook Dims in Q1
• Medical Tax Deduction Rising to 10% Threshold
• Most Small Businesses Lack Succession Plans
• The GWSCPA Federal Issues and Standards Committee Provides Comments to the Proposed SFFAS, Insurance Programs
• Inspections show high compliance with PCAOB audit committee communication rules
• IRS Offers New Cash Payment Option
• Issuance of attestation standards completes clarity project
• Obama Calls Inversions 'Insidious,' Praising Treasury Rules
• IRS Warns Washington D.C., Maryland, Virginia Residents of New Phishing Scam Targeting National Capital Area
• Accounting and Tax Firms Top List for Workplace Flexibility
• How Accounting Firm Compensation Committees Assess Partner Performance
• Practice Management - An Opportunity to Grow
• PCAOB proposal would guide lead auditors in supervision of other auditors
• GASB Issues New Guidance on Pension Accounting
• Ways to make tax compliance less of a nightmare for small business
• How Accountants Can Fight Human Trafficking
• Raises of 3% forecasted for accountants in 2016
• How To Grow Your Bottom Line Without Growing Your Client Roster
• Misclassification of Workers: What Are Your Options When You Get It Wrong?
• FASB Assists with Licensing Guidance, Identifying Performance Obligations
• FASB proposes technical corrections and changes
• PCAOB inspectors observe decrease in broker-dealer auditor independence impairments
• NASBA Introduces CPA Experience Verification Service
• Congress Presses IRS to Better Protect Taxpayer Info
• Half of Americans expect to lose money to identity theft
• IRS Caught Over 30,000 Tax Returns Involving ID Theft
• Finished Line: Marking the End of the Season
• The New Overtime Rule: Are Your Business Clients Ready?
• New guidance issued for federal public-private partnership disclosures
• FASB to draft final standard on credit losses
• How to Retain Millennials
• IRS to Tighten Program Offsetting Tax Refunds against Tax Debts
• The Skills for Success
• 3 Trends That Are Affecting The Accounting Profession
• IRS Issues Rules on Self-Employment Taxes for Partners
• Time to Get Serious about Client Service and Value Billing
• IRS Miscalculating Tax Credits for Obamacare
• PCAOB considers changing focus of inspections
• The Management Accounting Profession Will Double by 2024 - Are We Prepared?
• 3 Ways Small to Mid-Sized CPA Firms Can Attract Talented Staff
• 14 Marketing Tips To Attract More Tax Preparation and Accounting Clients
• Whitepaper Explores New Technologies and Expanding Role of Accountants
• FASB Tweaks Revenue Recognition Standard
• PCAOB Tries Again to Change Audit Report Format
• Filing Deadline Approaches for Tax-Exempts
• How to find time to study for the CPA exam
• Half of American families with student loan debt delay saving for retirement
• Trump Won't Release Tax Returns Before Election
• Is Your Firm Using An Outdated Business Model?
• Advancements in Technology Are Driving Risk of Tax Controversy
• Take the 2016 AICPA PCPS CPA.com National MAP Survey!
• DOL Releases Final Rule Outlining Updates to Overtime Rule
• FASB proposes more clarifications to revenue standard
• IRS Finalizes Rules on Roth IRA Disbursements
• IRS future state is not a one size fits all
• Succession issues likely to fuel urgency around retention of women CPAs
• House Passes Bill to Help Victims of ID Theft Tax Fraud
• Watch for These Errors on Intangible Assets
• Struggling for Traction on Diversity
• 5 Steps Small Businesses Must Take To Prepare for New Overtime Pay Rules
• How Free Is Your Free Consultation?
• Congress Needs to Modernize the FTC
• The Biggest Challenges of Being a New Manager
• Old Labor Laws Not Keeping Up With Gig Economy, Decrease Worker Benefits
• GWSCPA Announces the 2016 Scholarship Award Recipients
• A steadier outlook for the economy
• 10 Ways to Protect Your Firm Against a Cyber-Invasion
• Massive Asset Transition Offers Big Opportunity for Advisors
• Preventing Corporate Inversions May Risk U.S. Economic Health
• Flashback to 1988: Comparing Accounting Firm Standards Then and Now
• FASB Seeks Nominations for its Small Business Advisory Committee
• What will be tested on the next CPA exam
• New cyberattacks threaten tax professionals
• 2016 W2W Press Release
• CliftonLarsonAllen Announces Career Achievements in Arlington

2015 News Archive

• IRS Uncollected Tax Debts Rise to $380 Billion as Collection Staff Declines
• IRS Uncollected Tax Debts Rise to $380 Billion as Collection Staff Declines
• Scott Showalter Appointed to Chair the FASAB
• Gila Bronner and George Scott Appointed to the FASAB
• What Do Millennials Want?
• CFOs Frustrated with Return on FP&A Investments
• Proposed rules define disguised payments for services in partnerships
• IRS Missing Key Data to Oversee Obamacare Tax Credits
• IASB Proposes Changes in Revenue Recognition Standard
• FASB simplifies inventory measurement guidance
• FASB and IASB Ready Rollout of New Standards
• Private company alternatives to become more accessible
• Clinton Says January Tax Proposals Will 'Go Beyond' Buffett Rule
• IRS extends health care information return due dates
• 5 Ways Firms Can Better Prepare As Legal Claims Rise Against CPAs
• Rallying Against the Cadillac Tax
• Explaining Year-End Tax Forms and Reporting Requirements
• The Worst Tax Penalties and How to Help Your Clients Avoid Them
• GASB provides assistance on pension accounting issue
• PCAOB approves rule for naming audit engagement partner
• House Passes Tax Extenders Package
• FASB Releases 2016 GAAP Financial Reporting Taxonomy
• GWSCPA Holds 27th Annual Nonprofit Symposium
• New Clarity on Worker Classification
• Why Tax Planning Should Be Melded with Strategy
• Three Trends that Will Transform Your Accounting Practice in 2016
• U.S. Accounting Firms Plan to Hire More IT Staff
• Women see far more partnership gains with small firms than with large ones
• Whatever You Do, Help Your Clients
• Regulation: A moving but immovable target
• CPA firms place new services atop innovation priority list
• SEC discussing supplementary IFRS option for US issuers
• Chuck Noski Elected FAF Chair; Board Names Five Other Trustees
• Tax Strategy
• The Next Big Source of CPAs
• IRS to Start Processing of Amended Returns Claiming Coverage Credit
• FASB lease standard gets preliminary approval
• More than half of clients underestimate their retirement expenses
• Interruptions are top challenge for not-for-profit finance execs
• Accounting Linked to Prosperity and Better Living Standards
• Expats Worried over Passports Being Revoked for Tax Debts
• U.S. Business Optimism Nears Record Highs
• It is National Security Month, But Payroll Security Is An Everyday Effort
• CFOs Reveal Their Top Issues for 2016
• IRS Budget Cuts Hurting Operations
• Proposed regulations provide more detailed rules governing innocent spouse relief
• IASB proposes annual improvements, change to investment property standard
• IRS, States and Tax Prep Companies Launching Security Awareness Campaign for Taxpayers
• Do Accounting Pros Live Double Lives When It Comes to Online Bill Payments?
• IRS Extends Hold on Tax Refunds for Questionable Foreign Returns
• Charities Concerned about IRS Proposal to Provide Social Security Numbers of Donors
• Maximizing Bad Asset Losses
• Proposal would create new status for retired CPAs
• MyRAs now available nationwide
• SEC adopts crowdfunding rules
• Nonprofit Accounting Insights & Analysis Survey Shows Challenges
• Companies slow to start revenue recognition implementation
• Accountants Encouraged to Embrace Change, Foster Greater Client Collaboration
• Why Do Accountants Love Their Jobs?
• U.S. Budget Clears Way for IRS Audits of Partnerships
• GWSCPA Provides FISC Response to FASAB ED on the Proposed Federal Financial Accounting TR on Implementation Guidance for Internal Use Software.
• FASB moving forward on some aspects of Not for Profit Financial Statements, will re-deliberate others
• The Annual Budget May Be Past Its Useful Life
• Dispelling 4 myths that shroud diversity and inclusion
• IRS, States and Tax Industry Adding New Safeguards to Curb Identity Theft
• Internal auditors receive modest raises
• What Star Wars Can Teach Us about Fraud and Recovery Audits
• The 10 Commandments of the Successful CPA
• Tax Year 2015: Top 10 Tax Planning Issues
• Tips for successful revenue recognition implementation
• GOP Lawmakers Introduce Resolution to Impeach IRS Commissioner
• ASB addresses audits of ICFR integrated with financial statement audits
• IASB proposal would guide management on materiality
• 11th-Hour Budget Deal Hikes Pension Premiums, Again
• Handling the Ups and Downs
• Getting Ready for Tax Season and Year-End Crunch
• GASB Proposes Pension Standard Changes
• Key areas of risk in the 2015 audit cycle
• Restatements Infect Reporting at Peer Companies
• Collateral Damage
• Businesses Frequently Overpay Sales and Use Taxes
• Could a CFO Run for President?
• IRS Sets Pension Plan and Tax Deduction Limits for 2016
• Treasury and IRS Propose Tax Rules Recognizing Same-Sex Marriage
• IRS Falls Short on Eliminating SSNs from Taxpayer Correspondence
• Congress Eyes Impact of Tax Breaks on Rising Tuition Costs
• IRS gives South Carolina flood victims tax relief
• IRS Deadline for Those With Tax Extentions is October 15 - Last Minute Tips for Filers
• New Equal Pay Law in California May Be Nation's Strictest
• Millennials Struggle To Manage Credit While Boomers Express Confidence
• What Accounting Firms Need to Know About Updating Salaries and Giving Raises
• Winners of the GWSCPA 2015 Women to Watch Awards Announced
• Social Security Won't Provide Cost of Living Increase Next Year
• 60% of Firms Will Raise Fees Next Year
• Career training a key tool to lure accounting talent
• What is Going On with Virginia Specifics CPE?
• PCAOB Refocuses Audit Firm Inspections
• FASB moves to simplify business combination accounting
• FASB Proposes Tweaks to Revenue Recognition Standard
• Accounting for software at federal agencies addressed in proposal
• Liability Risk on the Rise
• The Allure of Unclaimed Property
• Scholarships for Nonprofit Staff to Attend 27th Annual Nonprofit Finance and Accounting Symposium
• AICPA expresses concerns about tax return preparer legislation
• IRS Has Trouble Identifying Resident Aliens Who Are Exempt from Social Security Taxes
• IASB to propose temporary measures for insurance companies
• U.S. Signs Tax Pacts with U.K. and Australia
• IRS Testing New Program to Fight Tax Fraud
• New Inflation Estimates Give First Look at 2016 Tax Rates and Brackets
• Moving from CFO to CEO: A Half Brainer
• Profits Up At U.S. Accounting Firms
• More evidence of accelerating growth in accounting and finance salaries
• 5 Ways Accountants Can Boost Their Soft Skills
• Prepare for the Remote Worker
• IRS Updates Per Diem Rates for Lodging and Meals
• Investors Trust Auditors the Most
• Charities would be permitted to issue information returns to donors
• Obama Renews Carried Interest Tax Fight with Republican Help
• Recruiting environment remains a challenge for finance decision-makers
• No Thanks: How to Turn Away Potential Clients
• SEC Charges CPA with Fraud
• A principal? Or an agent? FASB proposal aims to clarify.
• Forensic Accountant Show Heads to Network TV
• 10 Ways to Secure Your Mobile Device
• What Will the CFO Role Look Like in 2020?
• IRS Has Trouble Verifying Social Security Tax Exemptions
• IIA Asks SEC to Require Internal Auditors at All Public Companies
• Proposed rules govern taxation of gifts and bequests from covered expatriates
• GAO Questions IRS Case Selection Process for Collections
• Businesses Need to Change Focus to Attract Millennial
• Cyber Threats and Regulations Top List of Challenges for Information Security Officers
• Salary Increases Give Way to Variable Pay Hikes
• Why Does Any Business Become Your Client?
• FASB releases proposed 2016 GAAP taxonomy
• PCAOB reveals focus for inspections of broker-dealer auditors
• GASB publishes authoritative implementation guidance
• Changes proposed for CPA exam would enhance higher-order skills testing
• Finance decision-makers less confident in third quarter
• Accounting Salaries Expected to Rise Next Year
• National taxpayer advocate: IRS falling down on the job of helping identity theft victims
• Emerging tax issues cause due-diligence problems
• Beware Stiff Tax Penalties Buried in New Trade Law
• The Hidden Risks of Employee Benefit Plan Audits
• Federal and State W-4 Rules for 2015
• Taxpayer Advocate Finds 300,000 Taxpayers Overpaid IRS for Obamacare
• IRS Lacks Budget to Better Educate Taxpayers on IRA Minimum Distribution Rules
• Wage and Employment Growth Accelerating for Millennials
• Pursuit of the Positive: A Model for Change
• Succession Planning: Running Your Firm After Retirement
• GWSCPA Provides FISC Response to FASAB ED Opening Balances for Inventory OMS and Stockpile Materials
• Majority of CPAs polled had clients victimized by tax ID theft this year
• Senate Finance Committee Passes Tax Extenders Bill
• IASB Follows FASB in 1-Year Delay on Revenue Recognition Standard
• IRS Streamlines Determination Letter Process for Retirement Plans
• Revised Form 3115 issued in draft form
• IRS Watchdog Cites Failures, Concerns over 2015 Tax Filing Season
• Proposed rules define disguised payments for services in partnerships
• Highway Trust Fund Bill Would Revive Private Tax Collectors
• Accounting in 2025: Three Undeniable Trends and How They Will Affect Accounting Firms Like Yours
• New Report and Hearing on IRS Exempt Org Audit Selection Processon Process
• AICPA Releases Issue Brief on State Marijuana Laws and the CPA Profession
• FASB Streamlines Accounting for Employee Benefit Plans
• FASB Sees Dissent on Nonprofit Accounting Changes
• Congress Changes Business Tax-Filing Due Dates
• Retiring boomers lead to increase in number of RIA firms, clients and AUM
• Nonprofits Outpace For-Profits in Accounting Errors
• ACCA and IMA See Decline in Global Business Confidence
• I.R.S. Expected to Stand Aside as Nonprofits Increase Role in 2016 Race
• Beyond Tax Season: Practice Before the IRS
• CEO Pay Ratio Rule Rankles Both Sides of Heated Debate
• Planning in the Face of Tax-Credit Uncertainty
• FASB Moves to Work with More National Standard-Setters
• Are audits of ICFR improving?
• Companies Tap Brakes on 'Cadillac' Plan Shift Amid Anti-Tax Push
• Clinton Proposes Plan to Reduce College Costs by Limiting Tax Deductions
• Accounting Firms Hired Record Number of Graduates
• What Every Tax and Accounting Practitioner Needs to Know About Health Care Reform in 2015
• Guide to Wealth Transfer Planning Highlights Estate Planning
• Temporary regulations end automatic extension for Forms W-2
• Ninth Circuit holds mortgage-interest deduction applies on a per-taxpayer basis
• AICPA Outlines Concerns about Proposed Changes in Nonprofit Accounting
• PCAOB urges broker-dealer auditors to reexamine approaches
• Get Transcript data breach more than three times as big, IRS announces
• FAF Names New PCC Chair
• Be strategic when awarding raises and promotions
• Two-Thirds of Americans Believe Social Security Is in a Crisis State
• Be strategic when awarding raises and promotions
• New law imposes immediate estate basis and reporting requirements
• Recruiting and Succession Planning across CPA Generations
• UBTI Reporting Requirements for Partnerships and S Corporations
• CPA-Endorsed Tax Due Modifications are Signed into Law
• IRS Sued for Data Breach
• Congress has passed a variety of tax provisions so far in 2015
• Accounting Workers Confident about Finding New Jobs
• IRS Warns Obamacare Tax Credit Recipients
• How internal audit can help manage 10 top technology risks
• Tips for a successful not-for-profit strategic plan
• AICPA releases Q&A on required supplementary information
• IRS announces delayed due date for new estate basis reporting rules

2014 News Archive