CPA Never under estimate the value
The IRS’s new Simple Notice Initiative follows a pilot that demonstrated how redesigned notices can improve taxpayer experience while reducing call volume.
Source: Tax News
Read More here – Simpler IRS notices are coming
The IRS’s new Simple Notice Initiative follows a pilot that demonstrated how redesigned notices can improve taxpayer experience while reducing call volume.
Source: JOA News
Read More here – Simpler IRS notices are coming
The Federal Accounting Standards Advisory Board published the latest version of accounting standards for the U.S. government.
Source: JOA News
Read More here – FASAB releases annual handbook
The majority of Americans are excited about the role Gen AI can play in their everyday lives, but a global survey finds that the majority of executives aren’t thrilled with their companies’ level of commitment to the rapidly growing technology.
Source: JOA News
Read More here – As excitement about Gen AI grows, can companies keep up?
In an announcement posted Tuesday, until regulations are issued, the IRS said businesses do not have to include digital assets in determining whether cash received in a single transaction is over the $10,000 reporting threshold.
Source: Tax News
Read More here – Reporting of digital assets as cash delayed until IRS issues regs.
In an announcement posted Tuesday, until regulations are issued, the IRS said businesses do not have to include digital assets in determining whether cash received in a single transaction is over the $10,000 reporting threshold.
Source: JOA News
Read More here – Reporting of digital assets as cash delayed until IRS issues regs.
While the SEC weighs greenhouse gas emissions reporting standards, key players home and abroad weighed in on expectations for disclosures during a recent AICPA webcast.
Source: JOA News
Read More here – Scope 3 reporting: Where things stand with standard-setters
IRS Commissioner Danny Werfel detailed new IRS efforts to collect taxes from high-income individuals, complex partnerships, and large corporations. He also gave an update on IRS modernization progress.
Source: Tax News
Read More here – IRS enforcement efforts collect 0 million from wealthy taxpayers
IRS Commissioner Danny Werfel detailed new IRS efforts to collect taxes from high-income individuals, complex partnerships, and large corporations. He also gave an update on IRS modernization progress.
Source: JOA News
Read More here – 0 million collected from millionaires by IRS enforcement efforts
A final U.S. Department of Labor rule provides an economic reality test and targets “misclassifying employees as independent contractors,” which could have tax and other implications for workers and employers alike.
Source: JOA News
Read More here – Employee or independent contractor? DOL issues new guidance
