Taxes October 11, 2024
Tax Gap For 2022 Estimated At $696 Billion, IRS Says
The projected gross tax gap for 2022 is down $12 billion from a revised 2021 tax gap of $708 billion, the agency said Oct. 10.
Accounting October 11, 2024
Numeric Raises $28 Million in Series A Funding
The new $28 million in funding comes on the heels of a $10 million seed round announced five months ago.
Accounting October 10, 2024
How the Accounting Community is Rallying Around Victims of Hurricane Helene
CPA Practice Advisor wants to highlight those who have begun or are in the process of mobilizing efforts to help those impacted.
Small Business October 9, 2024
Small Businesses Hit a Hiring Slump Across the U.S. in September, CBIZ Index Shows
After rebounding in August, hiring significantly slowed last month among small businesses throughout the country, CBIZ said.
Payroll October 9, 2024
Finance Sector Hit Hardest By Job Scammers, Report Finds
The report from Heimdal Security reveals job scammers' top tactics and targets based on an analysis of 2,670 social media posts.
Accounting October 9, 2024
Bloomberg Tax & Accounting Launches Innovation Studio
The new AI Assistant is the first feature released within the Innovation Studio, which is being called "an ideation environment."
Payroll October 9, 2024
Private Assets in 401(k) Plans Pique Investors’ Interest
Over one-third of plan participants would allocate assets in private equity and private debt, a Schroders survey found.
Taxes October 9, 2024
Taxfyle and Column Tax Partner on End-to-End Embedded Tax Solution
The solution will support users with offerings such as DIY taxes, on-demand tax consultations, and full-service professional tax offerings.
Auditing October 8, 2024
Finance Leaders Want Their Organization’s Audit Firm to Use AI—Immediately
Before engaging with an auditor, 64% of finance leaders say they look for the audit firm to use AI, according to a new BDO USA report.
IRS October 8, 2024
Treasury, IRS Issue Guidance on Long-Term, Part-Time Employees in 403(b) Plans
In addition, the Treasury Department and the IRS announced a delayed applicability date for related final 401(k) regulations.
Taxes October 8, 2024
Wolters Kluwer Provides Insights Into 2024 Natural Disaster Tax Relief Options
Crucial tax relief opportunities may be available to those affected by recent natural disasters, such as Hurricane Helene.
Taxes October 8, 2024
IRS Proposes Regs to Exempt Tribal-Owned Companies From Income Tax
During discussions with Treasury, tribes had requested rules on the federal tax classification of entities owned by tribes.
Contributors
Amy Vetter
CPA, CITP, CGMA
Becky Livingston
Accounting & AI Marketing Consultant
Brian Tankersley
CPA, CITP, CGMA
Garrett Wagner
CPA, CITP, CEO and Founder of C3 Evolution Group
Jim Boomer
CPA, CITP, CEO
Ken Berry, JD
CPA Practice Advisor Tax Correspondent
Kristy Short, Ed.D.
Accounting Content Specialist
Mary Girsch-Bock
Contributing Writer
Randy Johnston
MCS, MCP
Roman Kepczyk
CPA, CITP, CGMA
