Forbes: Happy Days For Research: Tax Extenders Clear Senate Finance With Expanded R&D Tax Credit

Congress is taking its time on reversing delayed tax deductions for innovation.

The race to integrate Artificial Intelligence into the workflow of Certified Public Accountants is no longer a futuristic concept, but a current reality.

The Internal Revenue Service announced in March that its compliance efforts related to the Employee Retention Credit had exceeded $1 billion, with the agency specifying that “more than 12,000 entities filed over 22,000 claims that were improper and resulted in $572 million in assessments.”