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Survey: Use of AI Tools by Desk Workers Rose by 24% Last Quarter
NextGen
The use of artificial intelligence (AI) tools in the workplace increased by 24 percent in the last quarter, with one in four…
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IRS Announces Delay in Requiring E-Filing of Form 1042
Taxation
The IRS announced, in Notice 2024-26, that withholding agents (both U.S. and foreign) will be administratively exempt from…
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PCAOB Proposal Would Bar False or Misleading Statements by Auditors
Auditing
The Public Company Accounting Oversight Board (PCAOB) voted unanimously for a proposal to establish new restrictions on…
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SEC Expected to Be Cautious in Considering New Batch of Crypto Exchange Traded Funds
Trusted Professional
A court order forced the Securities and Exchange Commission (SEC) to approve the first U.S.-listed exchange traded funds…
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Changing Attitudes Toward Work and Life Endanger the 8 a.m. Meeting
NextGen
Questions over work-life balance are confronting what was once a common practice, particularly in industries such finance,…
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FTC Accuses H&R Block of Deceptive Practices
Taxation
The Federal Trade Commission (FTC) has filed a complaint against tax preparation company H&R Block for deceptive…
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Study: Restrictive GAAP Standards Could Be Deterring Students from Becoming Accountants
NextGen
The 150-hour rule for obtaining a CPA license may not be the only reason for the shortage of accountants, a recent study…
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OECD Releases Report on One Aspect of Global Corporate Tax Changes, in Effort to Ease Confusion
Taxation
Authorities in countries that have signed on to the international agreement on setting global taxes are trying to lessen the…
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IRS Commissioner Says Wealthy Individuals Evade $150B a Year in Taxes
Taxation
As the IRS uses some of its Inflation Reduction Act funding to increase its enforcement efforts, it has launched an…
Read More
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