Speaking to the AICPA National Tax Conference in Washington, Internal Revenue Service Commissioner Charles Rettig discussed possible IRS restructuring, more-targeted enforcement efforts and IRS use of data analytics.
"We are often tagged with the 'police' euphemism because of how we report, not what we report," writes IIA President and CEO Richard Chambers. "Despite our best efforts, there are times when we will be seen as an enforcer. However, we should never be content to be seen as the organizational police."
Challenging people fall into two categories: jerks who need to go and disrupters with legitimate criticism. Companies that learn to manage the well-meaning challengers can tap into their passion and dedication, entrepreneur Mary Juetten writes.
Accounting will be simplified for the transition from interbank offered rates to other reference rates under a standard approved by the Financial Accounting Standards Board.
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