Featured News
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IRS to soon tap taxpayers with balances due
The IRS will soon send CP14 notices to millions of taxpayers who have a balance of $5 or more in unpaid taxes.
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IRS makes more progress on tax return backlog
Following intensive work during the past several months, the IRS recently announced that it will process a key group of individual tax returns filed during 2021 by the end of this week.
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Fostering a better advisory relationship
While using the newest technology is a pillar in effective client advisory services, the human side of relationship-building is as important.
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IRS voice bots to simplify making payments
The IRS has unveiled a new artificial intelligence system designed to resolve simple tasks and improve customer service.
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GASB streamlines guidance on compensated absences
GASB issued new guidance on compensated absences, enhancing recognition and measurement requirements, and refining related disclosure requirements.
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Businesses need to build better trust with consumers, survey finds
A new survey finds consumers do not trust companies on nearly the level business leaders think they do.
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Better taxpayer service among GAO priorities for IRS
The U.S. Government Accountability Office’s top to-do items for the IRS tax administration focus on service, fraud, cybersecurity, information reporting, audits and staffing.
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Fed unveils biggest rate hike since 1994
The Federal Reserve raised its target interest rate by three-quarters of a percentage point on Wednesday, June 15, to step a disruptive surge in inflation.
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Making better decisions without overthinking them
Rather than overthinking business decisions, leaders can use certain steps to use their time more efficiently and produce better results.
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GASB guidance aims to improve standards for accounting changes
GASB recently issued guidance designed to improve the accounting and financial reporting requirements for accounting changes and error corrections.