
Tax, accounting, auditing news - Journal of Accountancy
SAS No. 150, External Confirmations, published Monday following an AICPA Auditing Standards Board vote in May, is designed to address today’s digitally driven environment.
Posted: July 14, 2026, 7:27 pm
The final regulations target arrangements that the IRS says improperly use charitable remainder annuity trusts and annuities to eliminate ordinary income and capital gain on the sale of property.
Posted: July 9, 2026, 8:34 pm
Under the new system, eligible taxpayers will no longer have to request penalty relief that the IRS says is routinely granted.
Posted: July 8, 2026, 8:59 pm
