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After Hurricane Milton Devastates Florida, IRS Offers Tax Relief to the Entire State
Taxation
In the aftermath of Hurricane Milton, the IRS announced on Oct. 11 tax relief for individuals and businesses in 51 counties…
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Regulatory Roundup: October 8-14
Regulatory Roundup
AICPA Keynote speakers announced for AICPA & CIMA ENGAGE CFO Strategy & Innovation Summit 2024October 13, 2024 CBO…
Read More
Gen Z, Millennials Turn to Social Media for Financial Know-How
NextGen
Social media algorithms have increased their influence in the financial advice field. They now serve as pseudo-advisers for…
Read More
In a Flat Organization, Each Employee Has More of a Say
NextGen
Mireia Las Heras, a professor, and José Pérez del Valle, a research assistant, at IESE Business School, explained that…
Read More
IRS 2022 Tax Gap Projections Increase From Previous Years
The Trusted Professional
The IRS published the tax gap projections for 2022 on Oct. 10. They show the country’s projected gross tax gap at $696…
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GASB Requests Input on Infrastructure Asset Proposals
Auditing
The Governmental Accounting Standards Board (GASB) is soliciting comments on proposals about accounting and financial…
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Debt Drives the Career Moves of Younger Workers
NextGen
Despite the strong job market, as employers added 254,000 jobs in September, some are still recovering from layoffs…
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AI Is Both a Blessing and a Risk in Audit, Surveys Say
Auditing
Two recent survey reports examined the relationship between artificial intelligence (AI) and the audit function. The…
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Auditors Scramble to Assess the Deluge of PCAOB Rule Changes
Taxation
Bloomberg Tax reported that US auditors are trying to assess a series of rule changes in the next couple of years that will…
Read More
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