2024年12月23日 · The Fifth Circuit Court of Appeals on Monday granted a Justice Department motion to lift an injunction imposed by a district court ruling. Hours later, FinCEN announced, in light of the court decision, that the Jan. 1, 2025, reporting deadline was extended to Jan. 13 for most reporting companies.

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2024年11月26日 · The IRS again delayed the effective date of the $600 threshold for Form 1099-K reporting for third-party settlement organizations (TPSOs) and will treat 2024 and 2025 as transition years, the Service said Tuesday in Notice 2024-85.. Under the notice, a TPSO will be required to report payments in settlement of third-party network transactions when the amount of total payments for those ...

2024年2月1日 · Artificial intelligence (AI) is a technology that auditors are exploring, but they may not yet be reaping all the benefits it can offer. In an audit, AI can be used in a variety of ways, including performing journal entry testing by identifying unusual transactions among a large pool of unstructured data and analyzing those transactions for patterns and anomalies.

2024年12月17日 · The IRS on Tuesday released final regulations that amend the definition of "coverage month" and amend certain other rules in existing income tax regulations regarding the computation of an individual taxpayer's premium tax credit.Under the amended definition of coverage month in the final regulations, in computing a premium tax credit, a month may be a coverage month for an individual if the ...

2024年10月1日 · Q. My supervisor wants me to include more data visualizations in my projects. Do you have any suggestions? A. Data visualization transforms raw data into graphical representations, making complex financial information more accessible and understandable.This is particularly important in accounting, where stakeholders must quickly interpret financial trends and make informed decisions based on ...

2024年2月7日 · The IRS issued higher new depreciation limitations for passenger automobiles, although the increases are smaller than in the previous two years.

2024年12月9日 · Firms with A&A practices should pay particular attention to the new standard on engagement quality reviews (EQRs) as they implement the new suite of quality management (QM) standards that are effective Dec. 15, 2025.

2024年10月11日 · The IRS is processing 400,000 claims from the pandemic-era employee retention credit (ERC) that represent about $10 billion of eligible filings, the agency said Thursday in a news release (IR-2024-263)."In recent weeks, the IRS has made substantial progress in separating eligible claims from the wave of ineligible claims that have come in, and we continue working to refine our models to ...