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Report: Service Providers Plan to Spend More on Generative AI, Despite Many Not Understanding What It Is
Trusted Professional
A recent report indicates that a majority of professional service providers across a range of segments plan to spend more…
Read More
Retirees Often Make Six Common Mistakes When Preparing Their Taxes
Taxation
There are six common mistakes that retirees make when preparing their taxes as they seek to minimize their lifetime tax…
Read More
Study: U.S. Far Behind Other Nations in Digital Currency Adoption
Trusted Professional
A total of 134 countries representing 98 percent of the global economy are now exploring digital versions of their…
Read More
FTC Issues $4.1 Million in Refunds to Student Debt Fraud Victims
NextGen
The Federal Trade Commission (FTC) announced that it is refunding $4.1 million to 27,584 consumers who fell victim to…
Read More
Corporate Transparency Act Requirements Pose Dilemmas for Accountants
Accounting
The Corporate Transparency Act (CTA) went into effect on Jan. 1 and, as some businesses may turn to their accounting firms…
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Survey: Majority of Americans Worry About Job Security
NextGen
A majority of Americans are worried about their job security, according to a new survey reported by Fast Company. More than…
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More Than a Dozen Companies Report Owing 15% Corporate Alternative Minimum Tax for 2023
Taxation
The corporate alternative minimum tax (CAMT), which took effect in January 2023, has already affected more than a dozen…
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IRS Criminal Investigation Unit Warns Taxpayers to Be Aware of Money Mule Networks
Taxation
The IRS's Criminal Investigation (IRS CI) unit warned taxpayers to be aware of money mule networks—"criminal enterprises…
Read More
Promotions Without Raises Present Career Dilemmas
NextGen
So-called dry promotions, which usually mean a new title with more responsibilities but no pay boost, are becoming more…
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