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Goldman Sachs Becomes First Major U.S. Bank to Trade Crypto Over the Counter
Trusted Professional
Goldman Sachs has begun trading derivatives tied to digital assets, becoming the first major U.S. bank to trade crypto over…
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IRS Commissioner Says 2022 Filing Season Had Strong Start, Despite Backlogs from Last Year
Taxation
In testimony before the House Ways and Means Committee Thursday, IRS Commissioner Charles P. Rettig, while acknowledging…
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Two Surveys Find Corporate Tax Departments Concerned About Legislative Changes Ahead
Taxation
Two recent surveys of corporate tax executives found that their departments are significantly concerned about potential…
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Report: Backlogs Likely to Continue, As IRS Attained Under 67 Percent of Its Hiring Goal Last Year
Taxation
The Treasury Inspector General for Tax Administration (TIGTA) has released a report projecting that IRS backlogs will…
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New York State Legislators Consider Suspending Gas Tax
Taxation
Members of the New York State Legislature are in negotiations to temporarily suspend the state’s gas tax, the Albany…
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Regulatory Roundup - March 8-14
Trusted Professional
AICPA AICPA & CIMA will suspend indefinitely services in Russia and Belarus. Mar 08, 2022 CBO Cost Estimate …
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Sen. Wyden Seeks to End Tax Breaks for Companies Doing Business in Russia, Belarus
Taxation
Sen. Ron Wyden (D-Ore.), the chair of the Senate Finance Committee, announced on Friday that he is working on policies that…
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Two Years After Unplanned Experiment in Remote Work Began, Many Employees Want It to Continue
Trusted Professional
In March 2020, offices across America shut down and employees started working from home in response to the COVID-19…
Read More
IRS Begins Using Voice and Chat Bots to Answer Basic Taxpayer Questions
Taxation
The IRS announced that it has begun using voice bots on two toll-free numbers and chat bots on IRS.gov to answer…
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