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Treasury and IRS Issue Interim Guidance on Stock Buyback Excise Tax
Taxation
The U.S. Treasury Department and the IRS issued new interim guidance regarding the Inflation Reduction Act’s 1 percent…
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IRS Changes How Tax Pros Get Client Transcripts
Taxation
The IRS is changing the way in which it transmits tax transcripts for clients to tax professionals, Accounting Today and CPA…
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Senate Introduces Pandemic Aid Fraud Bill
Trusted Professional
The numbers are staggering and, now, Congress is moving to provide more funding to recover billions of dollars lost to…
Read More
Biden Administration Announces New Student Debt Relief Plan
NextGen
President Biden announced a large-scale effort to help pay off federal student loans for tens of millions of American…
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Survey: Workers Would Return to the Office if Employers Paid Their Commuting Costs
NextGen
As employers still struggle to get their employees back to the office, they offer a number of enticements, such as ping pong…
Read More
Treasury Department: More Taxpayers Using Free Direct File Pilot
Taxation
The IRS’s free Direct File pilot program has experienced increasing use in the dozen states where it is currently…
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Regulatory Roundup: April 2-8
Regulatory Roundup
AICPA Report by MPs says STEM education needs updating for the modern workplace Apr 03, 2024 Innovative Program to Ease…
Read More
IRS: Social Media Sites Can Provide Bad Tax Advice
Taxation
Social media is not the place to go for solid tax advice, The Washington Post reported the IRS warning taxpayers. “Social…
Read More
Survey: More Than One Third of Hiring Managers Avoid Older and Younger Job Candidates
NextGen
Age discrimination in hiring is alive and well, and it harms both older and younger job candidates, Business Insider…
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