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Emma Slack-Jorgensen
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IRS Projects Annual Tax Gap for 2021 to Rise to $688B
Taxation
The IRS has released a new tax gap projection, indicating that the projected gross tax gap increased to $688 billion for tax…
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Report: Gen Z Workers Plan to Retire at Age 61
NextGen
According to a recent study, Gen Z workers expect to retire at age 61, on average—years earlier than older generations,…
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PCAOB Staff Report Finds Widespread Flaws in Engagement Quality Reviews
Auditing
A new Public Company Accounting Oversight Board (PCAOB) staff report discloses that 42 percent of the firms that the PCAOB…
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TIGTA: Most of IRS’s Initial Inflation Reduction Act Spending Went to Taxpayer Services
Taxation
The Treasury Inspector General for Tax Administration (TIGTA) has issued a report finding that the majority of the IRS's…
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Gen Z Now Networks the Most on LinkedIn
NextGen
Members of Gen Z are now networking on LinkedIn more than older generations, and they’re innovating ways of doing it, Fast…
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Survey: Auditors Worry Most About Cybersecurity Risks, But AI Is Growing Concern
Auditing
A recent survey has found that 75 percent of technology audit leaders and professionals consider cybersecurity to be a…
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SEC Adopts Beneficial Ownership Rule, Shortening 13D-G Filing Period from 10 to 5 Days
The Trusted Professional
The Securities and Exchange Commission (SEC) has adopted rule amendments governing beneficial ownership reporting under…
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Survey: 84% of CFOs in U.S. and U.K. Face Significant Talent Shortage
The Trusted Professional
A recent survey has found that 87 percent of chief financial officers in the United States and the United Kingdom "face a…
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IRS Offers Guidance on Transferring Clean Vehicle Credits
Taxation
The IRS recently announced that it has issued proposed regulations, Revenue Procedure 2023-33 and FAQs for the…
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