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Gen Z Leads in Gen AI’s Widespread Adoption
NextGen
On Nov. 25, Google Workspace’s new research demonstrates the widespread adoption of generative AI (gen AI) among work…
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GASB Releases Two Exposure Drafts for Comment
Auditing
The Governmental Accounting Standards Board (GASB) released for comment on Nov. 25 a couple of Exposure Drafts: an Exposure…
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IRS Extends Transition Period for Valid Research Credit Claim for Refund
Taxation
The IRS extended the research credit claim transition period through Jan.10, 2026, on Nov. 25. This gives taxpayers 45 days…
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DOGE's and Private Sector Return-to-Work Policies Have a Common Goal: Worker Attrition
NextGen
Writing an op-ed for The Wall Street Journal, Elon Musk and Vivek Ramaswamy, who were jointly asked by President-elect Donald…
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IRS Attempts to Stop Refund Delays by Accepting Duplicate Dependent Returns
Taxation
The IRS is making it easier for taxpayers to protect their information and avoid refund delays by accepting certain e-filed…
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SEC Announces Chair Gary Gensler to Step Down on Jan. 20
The Trusted Professional
The Securities and Exchange Commission (SEC) announced on Nov. 21 that its 33rd Chair, Gary Gensler, will step down from the…
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Treasury Department, IRS Publish Final Rules Expanding Clean Energy Tax Credit Access
Taxation
The Treasury Department and the IRS released final regulations to assist certain entities co-owning clean energy projects…
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IFRS Foundation Releases Guide on Sustainability-Related Risk
Accounting
The IFRS Foundation has released a new comprehensive guide made to assist organizations in identifying and disclosing…
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FASB Seeks Input About Adding Guidance on Government Grant Accounting
Accounting
The Financial Accounting Standards Board (FASB) released a proposed Accounting Standards Update (ASU) on Nov. 20 that…
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