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Emma Slack-Jorgensen
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IRS Announces That Special Relief Payments by States Are Not Taxable
Taxation
The IRS has issued guidance announcing that special payments related to general welfare and disaster relief made by several…
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Regulatory Roundup: February 7–13
Regulatory Roundup
AICPA AICPA sends 2023 Compendium of Tax Proposals to Capitol HillFebruary 7, 2023 CBO Working PaperDefined Benefit and…
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New York Orders Crypto Firm to Stop Issuing Binance Stablecoin
The Trusted Professional
Following the recent shutdown of the cryptocurrency exchange Kraken’s staking service, the New York State Department of…
Read More
Crypto Exchange Settles with SEC Over Staking
The Trusted Professional
Cryptocurrency exchange Kraken has settled with the Securities and Exchange Commission (SEC), which charged it with…
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How to Make Accounting Glamorous and Appealing
NextGen
Many people in the accounting profession—including, but not limited to just CPAs themselves—fret over the dearth of…
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E-filers of Amended Tax Returns Can Now Get Their Refunds Through Direct Deposit
Taxation
Taxpayers who file an individual amended tax return will now have the ability to receive their refunds via direct deposit,…
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Survey: Executives Expect More Cyberattacks Targeting Financial and Accounting Data
The Trusted Professional
C-Suite and other executives anticipate cyberattacks in the coming year but are mostly unprepared organizationally for them,…
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Training Repayment Agreements Can Trap Workers in Unpleasant Jobs
NextGen
Consumer debt is ubiquitous in the United States, where the average household owes $165,000, according to The Washington…
Read More
Some Economists Suggest We're in a Rolling Recession
The Trusted Professional
The economy may be headed for a hard landing. Or the economy may be headed for a soft landing. Or it may be headed for a…
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