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Emma Slack-Jorgensen
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New York Fed: Student Loan Repayments Will Not Harm Economy
NextGen
The resumption of federal student loan payments on Oct. 1 should not affect the U.S. economy, according to research from the…
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Four Agencies Pledge to Combat Automated Systems’ Discrimination and Bias Potential
The Trusted Professional
Four federal agencies have announced a coordinated effort to prevent bias in automated systems and artificial intelligence,…
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IRS Announces Withdrawal Process for Employee Retention Credit Claims
Taxation
The IRS has established a new process that gives employers the ability to rescind what may have been inaccurate Employee…
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SBA Has Stopped Collecting on Some Past-Due Pandemic Loans
The Trusted Professional
The Small Business Administration (SBA) has ceased efforts to collect $62 billion in COVID-19 loans, figuring that those…
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Survey: Younger Workers Face Unique Financial Stresses
NextGen
Sixty-five percent of Gen Zers and 74 percent of millennials believe they are starting further behind financially than…
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IRS’s Free Direct Filing Service Pilot to Start in January in 13 States
Taxation
The IRS will roll out its free tax preparation software as a pilot project in 13 states in January, the agency announced.…
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Yellen: U.S. Can't Sign Global Tax Treaty in Time to Prevent Levies from Other Countries
Taxation
The United States will be unable to sign a treaty on a global minimum corporate tax—one that it had a large role in…
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NAEA Urges IRS to Resume Sending Balance Due Notices
Taxation
The National Association of Enrolled Agents (NAEA) has asked the IRS to resume sending reminder notices immediately to…
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Survey: Younger Generations More Optimistic Than Others About Future Wealth
NextGen
A recent online survey found that younger generations are more optimistic than older generations about becoming wealthy in…
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