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IRS Offers Guidance on Transferring Clean Vehicle Credits
Taxation
The IRS recently announced that it has issued proposed regulations, Revenue Procedure 2023-33 and FAQs for the…
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Claudia Goldin Wins Nobel Economics Prize for Research on Women in Labor Force
The Trusted Professional
Editing1088, Creative Commons License Claudia Goldin was awarded the 2023 Nobel Prize in economics for her work creating…
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Regulatory Roundup: October 3-9
Regulatory Roundup
CBO Cost EstimateEstimated Changes in Direct Spending and Revenues of H.R. 2670, the National Defense Authorization Act for…
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IRS Warns of Improper Art Donation Deduction Promotions
Taxation
The IRS has been seeing a rise in fraudulent schemes involving tax deductions for donated art and has issued a warning to…
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Office of Cannabis Management Opens Window for New License Applications
Trusted Professional
New York state’s Office of Cannabis Management opened a 60-day application window for cultivation, processing,…
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President Biden Cancels Over $9 Billion in Student Debt
NextGen
President Biden cancelled more than $9 billion in student debt for 125,000 Americans who qualify for relief under existing…
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IRS to Reduce PTIN Fees
Taxation
In response to a federal court decision, the IRS is reducing the cost of an annual Preparer Tax Identification Number…
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House Republicans Demand Answers on Employee Retention Credit Claim Processing
Trusted Professional
Two Republican members of Congress have asked IRS Commissioner Daniel Werfel for more details about how his agency is…
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Career Expert: Don't Rely on ChatGPT to Write Your Résumé
New CPAs
Be careful about using ChatGPT to help you write your résumé, a career expert told CNBC. While this generative artificial…
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