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Emma Slack-Jorgensen
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IRS Reminds Taxpayers to File 2020 Tax Returns by May 17 to Be Eligible for Recovery Rebate Credit
Taxation
The IRS reminded taxpayers who may be entitled to a COVID-19-era rebate from 2020 that they only have until May 17 to file a…
Read More
US and UK Bankers Divided on Remote Working Policies
NextGen
A “stark divide” has also opened up between some American financial institutions and their European rivals over remote…
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U.S. Government Finalizes Rule to Cap Credit Card Late-Payment Fees
The Trusted Professional
Continuing its efforts to eliminate so-called junk fees, the U.S. government announced that it would limit the fees that…
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PCAOB Continues to Ramp Up Enforcement
Auditing
In 2022 and 2023, the Public Company Accounting Oversight Board (PCAOB) intensified its enforcement efforts significantly…
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Shortage of Accountants Blamed—in Part—for Recent Earnings Statement Mistakes
NextGen
As companies continue to make financial reporting mistakes this earnings season, resulting in restatements, some…
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Judge Enjoins Treasury from Requiring Some Companies to Comply with Corporate Transparency Act Reporting Requirements
The Trusted Professional
A federal judge in Alabama has ruled that the U.S. Treasury Department cannot require some small businesses to report…
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IRS Opens Direct File Pilot to More Users and Reports Increased Usage of Free File Program
Taxation
After weeks of testing, the IRS's new government-run website for free tax filing, Direct File, is now open for the rest of…
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Regulatory Roundup: February 27-March 4
Regulatory Roundup
CBO Cost Estimate H.R. 1508, Traveler’s Gun Rights Act March 1, 2024 As ordered reported by the House Committee on the…
Read More
HR Exec Recommends Using ChatGPT’s Voice Mode to Practice for Job Interviews
NextGen
ChatGPT’s mobile app capabilities now include the ability to converse, a feature that job candidates can use for a mock…
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