Genuine Learning Blog: 2025 AICPA Regional Council & UAA Exposure Draft
In this week’s blog, we take a closer look at the UAA Exposure Draft and the recent AICPA Regional Council Meeting ...
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South Carolina Lawmakers Propose Flat 3.99% Income Tax Rate
At a press conference on March 25, state legislative leadership including Speaker of the South Carolina House of Representatives Murrell Smith, Senate President Thomas Alexander, Senate Finance Chairman Harvey Peeler, ...
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FinCEN Issues Interim Final Rule Removing Requirement for U.S. Companies and U.S. Persons to Report BOI
In a March 21 release, FinCEN announced its issuance of an interim final rule (IFR) that removes the requirement for U.S. companies and U.S. persons to report beneficial ownership information ...
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Genuine Learning Blog: FASB Issues ITC on KPIs
On November 14, 2024, the FASB issued an Invitation to Comment (ITC) on Financial Key Performance Indicators (KPIs) for Business Entities ...
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Advocate, Disaster Relief, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax, View from the Dome
View from the Dome March 21, 2025
Week ten is now complete, with just eight more weeks remaining in the legislative session. The House was on furlough this week, as it usually is the week following passage ...
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Genuine Learning Blog: Proposed ASU on Interim Reporting (Topic 270)
The FASB has proposed updates to Interim Reporting (Topic 270) to improve clarity and ensure users understand when and how the guidance applies ...
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Genuine Learning Blog: Proposed ASU on Environmental Credits (Topic 818)
From Gray to Green: New Proposed Standards for Environmental Credits ...
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Advocate, Disaster Relief, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax, View from the Dome
View from the Dome March 14, 2025
The House passed its version of the state budget just after midnight on Tuesday and went home for the week. The Senate continues to work on tort reform legislation. This ...
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Advocate, Disaster Relief, Featured, Governmental, Legislative/Advocacy, Regulatory, Tax, View from the Dome
View from the Dome March 7, 2025
Tort reform legislation took center stage in both the Senate and House this week. The House passed regulatory relief legislation and the Chief Justice of the Supreme Court addressed a ...
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IRS Strives to Maintain Tax Season Service Levels Amid Conflicting Reports
On March 7, Mark Koziel, CPA, CGMA, President and CEO of the AICPA, issued a statement addressing conflicting reports about the state of the IRS. “With the volatility of the ...
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