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A New Fiduciary Rule:
What CPA financial planners need to know. - Many financial advisers who make recommendations about how to invest for retirement would be subject to new ethical requirements
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Final rule issued on access to BOI: beneficial ownership information
This rule addresses access to beneficial ownership information (BOI) that will be reported to FinCEN and addresses customer due diligence and data security.
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ISCPA Member CALL to ACTION
Members - Action Requested...
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FASB releases 2024 reporting taxonomies
Includes the 2024 GRT, SRT, and DQCRT.
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IRS expands access to business tax accounts, adds features
Individual partners of partnerships and individual shareholders of S corporations can now open IRS business tax accounts...
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New FASB standard
Requires greater disaggregation of income tax disclosures.
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Credit Relief Initiative
ISBA outreach to CPA Candidates
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Monday Takeaway
New AICPA Tax Standards, TaxSpeaker USBs available, FinCEN self-study course.
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FASAB releases report
including a 3-year strategic plan, annual report In addition, and project timetables.
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Monday Takeaway
Last week's Tax Conference was fantastic! The TaxSpeaker USB is still available. What CPE are you looking for in 2024? Lots of virtual CPA options available next week...