In the first half year of Inflation Reduction Act-funded enforcement, the Internal Revenue Service has recovered over $1.3 billion.
Day: September 6, 2024
Supreme Court life insurance ruling has estate tax implications
In a landmark decision earlier this year, the Supreme Court addressed the valuation of shares in closely held corporations for federal tax purposes.
IRS-CI warns about sports betting and taxes
With football season now underway, the Internal Revenue Service’s Criminal Investigation unit is urging taxpayers to play by the rules when it comes to sports betting.
IRS seeks comments on SECURE 2.0 saver’s match contributions
Treasury and the IRS issued a notice on saver’s match contributions to be paid by Treasury under provisions of SECURE 2.0.
Best practices for recruiting college students
The accounting profession’s labor shortage means relationships between firms and colleges have never been more crucial in recruiting new talent.
On the move: Bennett Thrasher appoints COO
Marcum promotes 15 to partner; NDH Advisors rebrands; and more news from across the profession.
A profitable path powered by AI: Benefits of becoming a ‘data master’
Research reveals how a comprehensive plan related to the relationship between data and artificial intelligence can pay dividends.
Decline in economic and organizational optimism among CPA leaders
Finance decision-makers in a quarterly survey say they have concerns on several fronts. As a result, business and industry executives have lower revenue and profit projections.