Category: Emerging Regulations

With the value of virtual currency in a seemingly constant state of flux, the IRS’ focus on this digital asset has intensified. In 2021, they launched Operation Hidden Treasure, aiming

The recently enacted debt ceiling agreement, reached between President Biden and U.S. House of Representatives Speaker Kevin McCarthy (R-CA), has been officially signed into law. Known as the Fiscal Responsibility

New concerns about the impending insolvency of the Social Security program have surfaced in recent reports, absent congressional action. Social Security reform has long been considered a ‘third rail’ of

All too easily a company’s accounting records can become cluttered with duplicate items and unused accounts. Now might be the right time to ‘spring’ clean your QuickBooks® lists — such

President Biden has released his proposed budget for the federal government for the 2024 fiscal year. The budget aims to cut the deficit by nearly $3 trillion over 10 years

A provision of the Bank Secrecy Act (BSA) that has split two federal courts of appeal has recently been addressed by the U.S. Supreme Court. Its 5-4 ruling in Bittner

The 2022 mid-term election has shifted the scales in Washington, D.C., with the Democrats no longer controlling both houses of Congress. While it remains to be seen if — and

To help make sure you don’t miss any important 2023 deadlines, we’ve provided this summary of when various tax-related forms, payments, and other actions are due. Please review the calendar

Now signed into law by President Biden, this sprawling year-end spending ‘omnibus’ package includes two important new laws that could affect your financial planning: the Setting Every Community Up for