Oct 13, 2023Congress Questions IRS on ERC BacklogCongress members are pressing the Internal Revenue Service (IRS) for explanations regarding the backlog of Employee Retention Credit...
Oct 6, 2023Best Practices and Common Challenges in Implementing AI-Powered Accounting SolutionsA new era of technological advancement in accounting is AI-powered accounting solutions, which promise to streamline operations, enhance...
Sep 29, 2023New York Mets Owner Steve Cohen Challenges IRS on Self-Employment TaxesSteve Cohen, the billionaire owner of the New York Mets and Point72 Asset Management, has launched a legal challenge against the Internal...
Sep 22, 2023IRS Halts New ERC Claims Amid Surge in Fraudulent CasesOn September 14th, the Internal Revenue Service (IRS) suspended the processing of new Employee Retention Credit (ERC) claims until the...
Sep 15, 2023How Advanced Analytics in Accounting Solutions Can Drive Business GrowthIn today's digital age, data is at the heart of successful decision-making. It's no different in accounting, where advanced analytics...
Sep 8, 2023Software Glitch Causes IRS Filing ConfusionDue to a recent software glitch, the Internal Revenue Service (IRS) accidentally issued late-filing notices to many retirement plan...