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IRS Issues Initial Guidance on Carbon Sequestration Tax Credit
Texans Get Tax Relief From the IRS After Hurricane Beryl
FASB Aims to Improve Derivative Accounting
How Auditors Are Currently Using Generative AI
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How Retirement Income Gets Taxed
Required minimum distributions (RMDs) currently kick in at age 72 for holders of traditional IRAs and 401(K)s.
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New Jersey Business Owner Failed to Pay $10 Million in Payroll Taxes
A New Jersey business owner faces a federal prison sentence after failing to pay more than $10 million in payroll taxes.
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Top Financial Reasons Florida is Attractive in Retirement
Florida happens to be one of the most tax-friendly states for retirees, and plenty of out-of-state retirees are taking notice.
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Gen Z Talks Retirement on TikTok
With 1.8 million followers on Instagram and 2.4 million followers on TikTok, Vivian Tu is among the most influential financial influencers on what the social media consumers call “FinTok.”
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Your Firm and Your AI Tactics
I understand the pressure to create a better work environment for your team of professionals when finding good talent is so difficult. But tactics without a strategy can lead to frustration.
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More Americans Are Borrowing From 401(k)s to Make Ends Meet
401(k) data from Bank of America shows savers increasingly dipping into their retirement funds to get by financally.
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Employers Consider Enhancing Retirement Plans
The vast majority of large U.S. employers currently offer nonqualified retirement plans to executives and high-income earners.
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Accounting Firms Spend Far More Than Law Firms on AI
Accounting firms spent almost four-times as much implementing Artificial Intelligence (AI) systems in the past year as law firms and other professional services organizations.