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IRS Criminal Investigation Unit Continues to Investigate Fraudulent ERC Claims
Taxation
As the IRS investigates bogus claims for the Employee Retention Credit (ERC), its Criminal Investigation unit (IRS CI) will…
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Opting out of AI Screening of Job Applications Comes with Risks
NextGen
The increasing use of artificial intelligence (AI) to consider—or discard—job applications has prompted some job seekers…
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Banking Trade Groups Seek to Modify SEC Guidance on Digital Assets
Trusted Professional
A coalition of financial groups has requested modifications to the Securities and Exchange Commission (SEC')s Staff…
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IRS Commissioner: Agency Can Process Changes to Child Tax Credit Quickly
Taxation
As Congress considers a budget bill that would enhance the child tax credit for millions of lower-income families, IRS…
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Regulatory Roundup: February 13-20
Regulatory Roundup
AICPA AICPA to Congress: “The [BOI] rule should be suspended” Feb 16, 2024 AICPA Recommends Foreign-Owned U.S.…
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IRS Commissioner Warns of Increased Federal Deficit if Budget Cut Further
Taxation
Cutting the budget of the IRS would result in an increase in the federal deficit, Commissioner Daniel Werfel told a…
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Survey: Many Gen Zers Prefer Work Advice from AI or Social Media than from Managers
NextGen
Receiving work advice from artificial intelligence or social media is preferable to receiving it from their managers, many…
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IRS Reports 'Strong Start' to 2024 Filing Season
Taxation
The IRS reported “a strong start to filing season 2024, with all systems running well” after releasing its 2024 Filing…
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Career Adviser: Here's How to Prepare for a Possible Layoff
NextGen
As large companies, including the Los Angeles Times, Google, Amazon, Macy’s and Paramount, have recently announced job…
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