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A Washington, DC tax accountant pleaded guilty for submitting falsified documents in his application for a $1.4 million purchase loan, which he later received.
In a comment letter, the institute says the board's new requirements could drive smaller auditing firms out of the market.
The money will help it expand from payments and collections to a broader practice management platform, and to develop a tax solution.
Here's a roundup of tax-related news and insights on politics, practice management, investment strategies, health savings accounts, estate planning and more.
In this first of three parts of our second annual AI Thought Leaders Survey, our pool of experts share their take on the state of AI over the past year, for both good and ill.
If enacted, the regs would require practitioners to maintain a certain level of technological competence, among other things.
