TXCPA’s Federal Tax Policy Committee expressed concerns about Revenue Agents requiring taxpayers to personally attend interviews despite having an authorized Power of Attorney representative, which conflicts with Internal Revenue Code Section 7521(c).
The PSC provided feedback on the PCAOB’s request for public comment on standard-setting and research priorities. The PSC recommends prioritizing technology and AI, fraud, substantive analytical procedures, attestation standards and audit evidence issues.
Businesses with public-facing websites should be aware of growing privacy litigation tied to website tracking technologies. Learn what the risks are and how to help safeguard your organization.