Tax Fraud Blotter: Go for broke
Speedy sentencing; WWTF; no longer Confident; and other highlights of recent tax cases.
IRS, Treasury finalize rules on energy tax credit transfers
The Internal Revenue Service and the Treasury Department released final regulations on the transfer of clean energy manufacturing, investment and production tax credits, with specific rules for partnerships and S corporations.
Final regs. issued for clean energy credit transfers
The IRS issued final regulations regarding the election to transfer certain clean energy tax credits. The regulations include specific rules for partnerships and S corporations as eligible taxpayers and transferee taxpayers.
Senators introduce bill to simplify IRS notices
Sens. Cassidy and Warren teamed up to introduce legislation aimed at making math error notices from the IRS easier to understand.
Which generative AI model did best on the CPA exam?
A recent experiment tested different generative AI models against each other on the CPA Exam and found they each have their own strengths and weaknesses.
Tax reporting transparency reaches a tipping point
Regulators, investors and the public are demanding ever greater tax transparency, and companies must navigate evolving, complex reporting requirements around the globe.