FYI


Following the resignation of William J. McDonough, the SEC appointed William D. Gradison Jr. acting chair of the PCAOB and adopted new procedures for SEC Chairman Christopher Cox to use in filling the position. Gradison is a founding member of the PCAOB.

The PCAOB selected Thomas Ray to succeed Douglas R. Carmichael, who resigned as chief auditor, effective January 31, 2006. Ray has served as deputy chief auditor since June 2003.

Checking the status of refunds will be easier this year, thanks to a new version of the IRS Web site. The upgraded site has an improved search engine and highlights to help taxpayers find the most-requested forms, publications and online tools ( www.irs.gov ).

SPONSORED REPORT

Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.

QUIZ

News quiz: IRS warning on cyberattacks and a change in pension rules

Once again, the IRS sounds the alarm about a threat from cyberthieves. See how much you know about this and other recent news with this short quiz.

CHECKLIST

Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.