The director of the Financial Crimes Enforcement Network told a congressional subcommittee that she’s “very optimistic” that the final rule will be issued before the end of the year.
AICPA Advocacy
Midyear advocacy update: STEM, BOI, taxes and licensure
What issues are shaping the CPA profession? The AICPA’s advocacy leader shares information on STEM legislation, BOI reporting, the “marathon” of new tax legislation, and more. Listen to the podcast episode or read the Q&A.
AICPA recommends improvements to CP53E notice process
A letter to the IRS cites erroneous notices, late guidance, and practitioner confusion. It also calls for clearer rules and system changes.
IRS to merge tax practitioner offices despite AICPA opposition
The new Tax Professional Management Office will combine the Return Preparer Office and Office of Professional Responsibility functions under one structure, with the IRS saying their missions and oversight roles would remain unchanged.
AICPA launches national campaign championing the CPA profession
CPA Trust aims to boost the profession’s profile via media promotions that highlight the unique brand of trust that CPAs offer.
Our ongoing work across key issues
From improving IRS services to addressing licensure risks, here’s what CPAs need to know about the organization’s recent advocacy efforts.
Two AICPA committees unveil proposed strategic plans for next 4 years
The Peer Review Board and Professional Ethics Executive Committee are accepting feedback on their proposed plans for 2027–2030.
AICPA submits nearly 200 recommendations for IRS guidance plan
The organization highlighted top technical issues across 10 areas and urged the IRS to prioritize tax simplification.
AICPA urges use of its stablecoin criteria in GENIUS Act rulemaking
A comment letter to the office responsible for establishing final rules for the Guiding and Establishing National Innovation for U.S. Stablecoins Act makes the case for leveraging the AICPA’s established framework.
Uncredentialed tax preparer errors included fictitious deductions, review shows
A report from the Center for Taxpayer Rights comes as Congress considers giving the IRS more oversight of the industry.
Features
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