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Central Bank Raises Interest Rates by Another 0.75%
The Trusted Professional
On Wednesday, the Federal Reserve Board raised interest rates by another 0.75 percentage point, as it continues to battle…
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Conference Speaker: Beware of Technology-Related Risks in the World of Remote Work
The Trusted Professional
Steven R. Berger, a shareholder at law firm Vedder Price, warned of the threats posed by technology in his presentation on…
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IRS Issues Draft Instructions for Schedules K-2 and K-3
The Trusted Professional
Responding to feedback from stakeholders, the IRS has released draft versions of its 2022 Partnership Instructions for…
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Five Society Members Honored with CPA Practice Advisor 40 Under 40 Awards
The Trusted Professional
The CPA Practice Advisor has honored five NYSSCPA members with 2022 40 Under 40 Awards. The awards “spotlight the top…
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HSAs Starting to Emerge as Possible Retirement Savings Strategy
The Trusted Professional
Employers and employees alike are starting to look at health savings accounts (HSAs) as a retirement savings strategy, the…
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Chief Justice Delays Turnover of Trump Tax Returns to House Committee
Taxation
The House of Representatives committee seeking to review former President Trump’s tax returns will have to wait a few…
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Latest Tax Gap Estimate: Almost Half a Trillion Dollars
Taxation
The estimated gross tax gap—the difference between estimated true tax liability for a given period and the amount of tax…
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Regulatory Roundup - October 25-31
Regulatory Roundup
AICPA AICPA Encouraged by IRS Warning of ERC MillsOct. 23, 2022 CBO ReportAutomatic Stabilizers in the Federal Budget: 2022…
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IRS Hires 4,000 Customer Service Agents for Tax Season
The Trusted Professional
The Internal Revenue Service is moving to address one of its longstanding shortcomings by hiring 4,000 customer service…
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