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IRS increases mileage rates for the remainder of 2022

IRS increases mileage rates for the remainder of 2022

The IRS provides some relief amid rising gas prices with an optional increase to the standard mileage rate for business travel.
OMB issues 2022 Compliance Supplement

OMB issues 2022 Compliance Supplement

The OMB has released the 2022 Compliance Supplement, which is effective for audits of fiscal years beginning after June 30, 2021.
Implementing GASB 87: Government entities learn from public companies

Implementing GASB 87: Government entities learn from public companies

Government entities are finding GASB 87 compliance, the Government Accounting Standards Board’s new standard on lease accounting, complex.