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The OSCPA prides itself on keeping members and the public up–to–date on issues related to the accounting profession, be it general news about or affecting the profession, accounting and tax code updates, helpful news for consumers, and more.

Displaying 1 - 10 of 225 news items
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New Communication Tools for Tax Season Topics

View Detail Annual uncertainty about the renewal of expiring tax provisions and how they’ll affect your tax season complicates your work. The AICPA is offering a suite of easy-to-use resources to reduce your workload and educate your clients.

CFOs Reveal Their Top Issues for 2016

View Detail Preserving margins and sustaining or improving earnings performance top the list of issues top-level financial executives plan to focus on in 2016.

State Unprepared to Accept Marijuana Taxes in Cash

View Detail Oregon lawmakers questioned whether the state Department of Revenue will be ready to accept massive amounts of cash in 2016, when Oregonians begin paying a sales tax on recreational marijuana.

FASB Lease Standard Gets Preliminary Approval

View Detail New requirements that will bring lease assets and liabilities onto company balance sheets are expected to be issued in early 2016 after the FASB voted 6–1 Wednesday to send its leases standard for final drafting.

U.S. Budget Clears Way for IRS Audits of Partnerships

View Detail The new rules will shift some of the burden of auditing and dividing up the tax liabilities among partners from the IRS to the partnership itself.

IRSAC Releases 2015 Annual Report

View Detail The advisory group for the IRS made recommendations on a wide range of tax administration issues including funding, identity protection, and third-party payer arrangements.

IRS Seeks Information about Professional Employer Organizations

View Detail New federal program requires IRS to establish voluntary certification program for professional employer organizations.

2016 PTIN Renewal Period Underway for Tax Professionals

View Detail More than 136,000 PTINs have already been renewed, but the December 31 deadline is approaching.

CFOs closing pay gap with CEOs

View Detail Public-company CFOs’ pay rose 4.9% from the previous year, a lower percentage increase than a year ago, but a rise that helped trim the US CFO-to-CEO pay gap.

DOR Announces Core System Upgrades

View Detail Revenue Online is now live with updated systems for e-filing, estate and fiduciary tax account management.