A new study in the American Accounting Association journal suggests that IRS collections from audits of corporate tax returns have been severely hampered by congressional budget constraints on the agency. The IRS has long pleaded with Congress for additional funding to aid enforcement and collection efforts but has dealt with budget cuts for many years… Read more »

White House officials this week disputed reports that the administration is considering a temporary payroll tax cut as a means of countering a possible economic slowdown. President Trump and other senior officials continue to praise the strength of the economy but are having internal discussions about steps that could be taken to prevent any faltering… Read more »

This month marks the start of year two for ASAE’s Professional Certification Coalition (PCC). Created by ASAE and the Institute for Credentialing Excellence – and with support from the Pillsbury law firm – the PCC informs policymakers about the importance of voluntary professional certification and helps uphold responsible standards to certify professionals in all lines… Read more »

The two-year budget deal passed earlier this month to raise spending caps in 2020 and 2021 will add $1.7 trillion over the next decade to the federal deficit, according to new analysis from the Congressional Budget Office (CBO). The deficit is now projected to approach $1 trillion this year and expand to . While the… Read more »

The Water Environment Federation earned a 2019 ASAE Power of A Summit Award for its National Green Infrastructure Certification Program (NGICP), to train and certify entry-level workers to properly construct, inspect, and maintain green infrastructure (rain gardens, bioswales, porous pavement and green roofs, for example) to handle stormwater. These methods provide cities with a lower-… Read more »