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Senate Committee Passes Cannabis Banking Bill
Trusted Professional
The U.S. Senate Committee on Banking, Housing, and Urban Affairs voted to advance banking legislation that would allow…
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IRS Releases Guidance on Energy Efficient Home Credit
Taxation
The Internal Revenue Service (IRS) has released new guidance on the new energy efficient home credit as amended by the…
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Regulators Looking at Training Repayment Agreements
Trusted Professional
Some workers who choose to leave their jobs face legal action for violating their training repayment agreements (TRAs) with…
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IRS Expands Use of Chatbots to Assist Taxpayers
Trusted Professional
The IRS has introduced a chatbot to help taxpayers who receive notices about underreporting their taxes, Accounting Today…
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Flipping the Job Interview Process Reveals Critical Thinking Skills in Candidates
Trusted Professional
The typical process of hiring talent is the use of a set of job interviews, but that process fails to assess critical…
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IRS Could Furlough Workers if the Government Shuts Down
Trusted Professional
The Internal Revenue Service (IRS) is preparing for a possible government shutdown by developing a contingency plan that…
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Regulators Meet to Consider Extending 'Systemically Important' Designation Beyond Banks
Trusted Professional
Top American regulators, led by U.S. Treasury Secretary Janet Yellen, held a closed-door meeting on Sept. 22 to discuss a…
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IRS Suggests Businesses Use Pause on Processing ERC Claims as Opportunity to Consult Qualified Tax Pros
Taxation
The IRS's recently announced moratorium on processing Employee Retention Credit (ERC) claims has also prompted the agency…
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Regulatory Roundup: September 19-22
Regulatory Roundup
AICPA AICPA Honors Accounting Giant, Sidney Kess, Following PassingSept. 18, 2023 CBO Presentation CBO’s 2023 Long-Term…
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