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Two Experienced CPAs Advise Firms to Ease into AI Adoption
The Trusted Professional
Two accomplished CPAs, writing in CPA Practice Advisor, urged small to midsize firms to be cautious and strategic when…
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TIGTA: IRS Can Improve Civil Enforcement of 'Ghost Employer' Cases
Taxation
The IRS's Criminal Investigation (CI) unit has been successful in identifying tax evasion by "ghost employers," but the…
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U.S. Census Bureau: New York State Ranks 20th in Cannabis Tax as Percentage of Revenue
NextGen
New York is far behind states such as Washington, Alaska, and Colorado when it comes to bringing in tax revenue from the…
Read More
IRS Issues Draft Form For Reporting Digital Asset Transactions
Taxation
The IRS has issued its draft Form 1099-DA, a new tax form that cryptocurrency brokers will begin to use next year to report…
Read More
Regulatory Roundup: April 16-22
Regulatory Roundup
AICPA AICPA Backs Legislation Giving More Relief to Natural Disaster Victims Apr 19, 2024 AICPA Submits Recommendations…
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Fed Survey: Lowest Average Salary Americans Would Change Jobs for Reaches Record High
NextGen
A Federal Reserve survey has found that job seekers have higher salary expectations than they have had in years, CNBC Make…
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High Earners in New York Go to Great Lengths Not to Get Taxed as Residents
Taxation
Ultra-wealthy people in New York are employing a number of tactics to avoid being considered residents by the state's tax…
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PCAOB to Hold Forums for Small Firms in Five Cities This Year
Auditing
The Public Company Accounting Oversight Board (PCAOB) will host a series of five in-person forums this year on auditing in…
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After Tax Day, Several Tax and Budget Policy Issues Gain Prominence
Taxation
With tax season over and a presidential election season already in full swing, there are plenty of tax-related issues to…
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