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Audit Regulator Cautions Change Will Take Time

The U.S. audit regulator, with new management and new goals, will need more time to right the ship, one of the agency’s leaders said during a public appearance in New York on Oct. 17. Jim Kaiser, who serves on the Public Company Accounting Oversight Board, briefly addressed concerns about internal struggles at the agency during public remarks at a SIFMA AICPA conference in New York.

IRS Opens PTIN Season as Supreme Court Passes on Fees Case

The Internal Revenue Service has that preparer tax identification number applications and renewals are now being processed. That’s good news for tax professionals who are gearing up for next season—but there could be some changes on the horizon.

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