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