AICPA
Cost Estimate
CBO Estimate for Divisions O Through MM of H.R. 2617, the Consolidated Appropriations Act, 2023, Enacted as Public Law 117-328 on December 29, 2022
January 12, 2023
Public Law 117-328 as enacted on December 29, 2022
Presentation
Perspectives on the Navy’s 2023 Shipbuilding Plan
January 12, 2023
Presentation by Eric J. Labs, an analyst in CBO’s National Security Division, at the Surface Navy Association’s 35th National Symposium.
Report
Long-Term Implications of the 2023 Future Years Defense Program
January 11, 2023
CBO analyzes the Department of Defense’s (DoD’s) plans for 2023 through 2027 as presented in the 2023 Future Years Defense Program and projects that DoD’s costs would increase by 9 percent from 2027 to 2037 without the effects of inflation.
Cost Estimate
H.R. 22, Protecting America’s Strategic Petroleum Reserve From China Act
January 10, 2023
As introduced on January 9, 2023
Cost Estimate
H.R. 26, Born-Alive Abortion Survivors Protection Act
January 10, 2023
As introduced on January 9, 2023
Cost Estimate
H.R. 27, Prosecutors Need to Prosecute Act
January 10, 2023
As introduced on January 9, 2023
Report
Monthly Budget Review: December 2022
January 10, 2023
The federal budget deficit was $418 billion in the first quarter of fiscal year 2023, CBO estimates—$41 billion more than the shortfall recorded during the same period last year.
Cost Estimate
Estimated Budgetary Effects of H.R. 23, the Family and Small Business Taxpayer Protection Act
January 9, 2023
As Posted on the Website of the Clerk of the House of Representatives on January 9, 2023, as an Item That May Be Considered Pursuant to a Rule
Report
The Accuracy of CBO’s Budget Projections for Fiscal Year 2022
January 9, 2023
In its July 2021 projections for fiscal year 2022, CBO underestimated revenues by 10 percent and outlays by 5 percent. CBO’s projection of the federal budget deficit for 2022 was more than the actual amount by 0.8 percent of GDP.
FAF
Financial Accounting Foundation Seeks Nominations for Financial Accounting Standards Board Member
January 11, 2023
FASB
Financial Accounting Foundation Seeks Nominations for Financial Accounting Standards Board Member
January 11, 2023
GAO
Agency Relocations:
Following Leading Practices Will Better Position USDA to Mitigate the Ongoing Impacts on Its Workforce
GAO-23-104709
Published:
Publicly Released:
In June 2019, USDA announced that it would relocate most staff at two of its research agencies from Washington, D.C., to Kansas City. Drops in agency workforce size and productivity after the move largely recovered by September 2021. However, 2 years after relocation, recently-hired employees made up more of the workforce than before. In addition, certain groups of employees declined. For example, Black employees dropped...
Battle Management:
DOD and Air Force Continue to Define Joint Command and Control Efforts
GAO-23-105495
Published:
Publicly Released:
The Department of Defense is working to digitally connect its space, air, land, sea, and cyber assets to help military commanders better communicate and share information in real time. This effort will depend on contributions by all of the military services. The Advanced Battle Management System is the Air Force's contribution to this effort. It is a secure communications network that allows commanders and warfighters...
Corporate Income Tax:
Effective Rates Before and After 2017 Law Change
GAO-23-105384
Published:
Publicly Released:
Each year from 2014-2018, about half of large corporations and a quarter of profitable ones didn't owe federal taxes. For example, profitable corporations may not owe taxes due to prior years' losses. Average effective tax rates—the percentage of income paid after tax breaks—among profitable large corporations fell from 16% in 2014 to 9% in 2018. A 2017 tax law lowered the top corporate rate from...
Higher Education:
Department of Education Should Improve Enforcement Procedures Regarding Substantial Misrepresentation by Colleges
GAO-23-104832
Published:
Publicly Released:
When colleges make false or misleading statements or omit information about their programs, students may have trouble completing a degree, paying back student loans, or finding a job. The Department of Education imposed penalties on 13 colleges when such actions amounted to "substantial misrepresentation" in FY 2016-21. Penalties included ending participation in federal student aid programs or levying fines. Education's written procedures for identifying and...
Nuclear Weapons:
NNSA Does Not Have a Comprehensive Schedule or Cost Estimate for Pit Production Capability
GAO-23-104661
Published:
Publicly Released:
Plutonium pits are a key component in triggering the nuclear explosion of thermonuclear weapons. The U.S. hasn't manufactured pits regularly since 1989. The National Nuclear Security Administration has been directed to develop the capacity to make at least 80 pits a year by 2030. We found NNSA's plans for re-establishing pit production do not follow best practices and run the risk of cost increases and...
U.S. Postal Service:
Few Differences in On-Time Performance between Rural and Urban Areas
GAO-23-105169
Published:
Publicly Released:
The U.S. Postal Service's financial woes have been on our High Risk List since 2009. Since then, USPS has made service changes to cut costs. Some of those changes affected on-time mail delivery, including in rural areas—where there may be few alternatives to USPS for mail and packages. Despite concerns that changes disproportionately affected rural areas, we found few differences in on-time delivery between rural...
Abuse and Neglect:
CMS Should Strengthen Reporting Requirements to Better Protect Individuals Receiving Hospice Care
GAO-23-105463
Published:
Publicly Released:
Patients receiving care from Medicare- and Medicaid-certified hospice care providers could be better protected from abuse and neglect. These providers aren't required to report abuse and neglect allegations if the perpetrator is unaffiliated with the hospice, such as a caregiver or family member. This makes it difficult for the Centers for Medicare & Medicaid Services to ensure that providers protect patients. We recommended that CMS...
National Nuclear Security Administration:
Fully Incorporating Key Practices for Agency Reform Would Benefit Any Future Organizational Changes
GAO-23-105299
Published:
Publicly Released:
The National Nuclear Security Administration has been reorganized multiple times since its creation in 1999, including most recently in 2022. NNSA has policies to guide its reorganizations. However, these policies only partially follow key practices for agency reforms. For example, NNSA requires that proposed changes have goals. But agency policies don't require developing outcome-oriented goals or collecting data to gauge outcomes. As a result, NNSA...
Antidumping and Countervailing Duties:
Process Design Helps Ensure Proceedings Are Based on Accurate and Complete Information
GAO-23-105794
Published:
Publicly Released:
Foreign companies selling unfairly priced, i.e. "dumped," or government-subsidized goods make it hard for U.S. companies to compete in domestic markets. Affected companies can petition U.S. agencies to investigate and impose duties to level the playing field. In 2021, over $30 billion in imported goods were subject to these duties. While some claim that U.S. companies may file baseless petitions to block domestic competition, parts...
Federal Employees Health Benefits Program:
Additional Monitoring Mechanisms and Fraud Risk Assessment Needed to Better Ensure Member Eligibility
GAO-23-105222
Published:
Publicly Released:
More than 8 million federal employees and their families receive health insurance benefits under the Federal Employees Health Benefits program. In 2021, the Office of Personnel Management began requiring some new program enrollees to verify that their family members are eligible. But OPM doesn't have a process to identify and remove ineligible family members who are already enrolled in the program. As a result, the...
Immigration Detention:
ICE Can Improve Oversight and Management
GAO-23-106350
Published:
Publicly Released:
U.S. Immigration and Customs Enforcement detains tens of thousands of noncitizens each year in facilities nationwide. This Snapshot highlights our previous work and actions that ICE can take to ensure that these facilities are safe, humane, and well-managed. For example, ICE could: fully analyze its facility inspections data to identify broad issues and trends improve oversight of detention conditions ensure that detained noncitizens consent to...
Local Journalism:
Innovative Business Approaches and Targeted Policies May Help Local News Media Adapt to Digital Transformation
GAO-22-105405
Published:
Publicly Released:
The internet has fundamentally changed how local news media operate—particularly by reducing the circulation and revenue of many local newspapers. We convened a 2-day workshop and interviewed journalists, academics, and other experts about the future of local media. The participants discussed strategies news outlets use to adapt to the digital environment and policy proposals to boost the viability of local journalism. For example, direct government...
Veterans Health Care:
VA Actions Needed to Ensure Timely Scheduling of Specialty Care Appointments
GAO-23-105617
Published:
Publicly Released:
When veterans need specialty care—e.g., mental health or cardiology—it's important to deliver it quickly. But it's been difficult. In 2020, the Veterans Health Administration changed how it schedules specialty care appointments at VHA facilities and with providers in the community. VHA's standard is for appointments to be scheduled within 3 business days from referral at VHA facilities and within 7 days for community care. Some...
IASB
Register for ISSB Corporate Reporting Webinar Series
Webinar
13 Jan 2023
Join the staff—Systems and Data Analyst
Careers
13 Jan 2023
January 2023 International Accounting Standards Board agenda and meeting papers now available
Meeting
13 Jan 2023
Join the IASB Technical Staff—Stakeholder Engagement
Careers
13 Jan 2023
January 2023 International Sustainability Standards Board agenda and meeting papers now available
Meeting
9 Jan 2023
IRS
IRS Free File launch aims to save taxpayers hard-earned dollars
IR-2023-06, January 17, 2023 — The Internal Revenue Service’s Free File Guided Tax Preparation service is live and ready for taxpayers to use. Free File went live January 13, 2023, 10 days prior to the 2023 filing season start date. The IRS starts accepting individual tax returns on January 23.
IRS sets January 23 as official start to 2023 tax filing season; more help available for taxpayers this year
IR-2023-05, January 12, 2023 — The Internal Revenue Service today announced Monday, January 23, 2023, as the beginning of the nation's 2023 tax season when the agency will begin accepting and processing 2022 tax year returns.
National Taxpayer Advocate delivers 2022 Annual Report to Congress; focuses on taxpayer impact of processing and refund delays
IR-2023-04, January 11, 2023 — National Taxpayer Advocate Erin M. Collins today released her 2022 Annual Report to Congress, saying taxpayers and tax professionals “experienced more misery in 2022” due to paper processing delays and poor customer service. But the report also says the Internal Revenue Service made considerable progress in reducing the volume of unprocessed tax returns and correspondence and is poised to start the 2023 filing season in a stronger position.
IRS: California storm victims qualify for tax relief; April 18 deadline, other dates extended to May 15
IR-2023-03, January 10, 2023 — California storm victims now have until May 15, 2023, to file various federal individual and business tax returns and make tax payments, the Internal Revenue Service announced today.
NYC
Department of Finance Publishes FY2024 Tentative Property Tax Assessment Roll
January 17, 2023
NYS
Attorney General James and Acting Commissioner Hiller Announce Sentencings in Ponzi Scheme
January 12, 2023
Governor Hochul Announces Plan to Help Government Work Better for New Yorkers
January 10, 2023
Governor Hochul Announces Plans to Build a Stronger Health Care System for the Future
January 10, 2023
SEC
SEC Announces Departure of Renee Jones; Erik Gerding Named Director of Division of Corporation Finance
2023-9
Washington D.C., Jan. 13, 2023 — The Securities and Exchange Commission today announced that Renee Jones, Director of the Division of Corporation Finance, will depart the agency to return to her faculty position at Boston College Law School, effective Feb. 3, 2023. Erik Gerding, currently the Division’s Deputy Director, will be appointed Director of the Division, effective upon Ms. Jones’s departure.
SEC Awards More Than $5 Million to Whistleblower
2023-8
Washington D.C., Jan. 13, 2023 — The Securities and Exchange Commission today announced an award of more than $5 million to a whistleblower whose information led to a successful SEC enforcement action.
SEC Charges Genesis and Gemini for the Unregistered Offer and Sale of Crypto Asset Securities through the Gemini Earn Lending Program
2023-7
Washington D.C., Jan. 12, 2023 — The Securities and Exchange Commission today charged Genesis Global Capital, LLC and Gemini Trust Company, LLC for the unregistered offer and sale of securities to retail investors through the Gemini Earn crypto asset lending program. Through this unregistered offering, Genesis and Gemini raised billions of dollars’ worth of crypto assets from hundreds of thousands of investors. Investigations into other securities law violations and into other entities and persons relating to the alleged misconduct are ongoing.
Paul Munter Named Chief Accountant
2023-6
Washington D.C., Jan. 11, 2023 — The Securities and Exchange Commission today announced that Paul Munter has been appointed Chief Accountant. He has served as Acting Chief Accountant since January 2021.
SEC Announces Appointment of Cristina Martin Firvida as Investor Advocate
2023-5
Washington D.C., Jan. 10, 2023 — The Securities and Exchange Commission today announced the appointment of Cristina Martin Firvida as Director of the Office of the Investor Advocate, effective Jan. 17, 2023. Ms. Martin Firvida was most recently the Vice President of Financial Security and Livable Communities for Government Affairs at AARP.
TIGTA
Inflation Reduction Act: Assessment of the Internal Revenue Service Implementation Efforts
January 12, 2023