How CPAs Can Compete in the AI Race
The race to integrate Artificial Intelligence into the workflow of Certified Public Accountants is no longer a futuristic concept, but a current reality.
How Can the Inflation Reduction Act Benefit Healthcare Facilities?
The Inflation Reduction Act (IRA) was signed into law last summer in an effort to stem the rising inflation. Within the IRA was an enhancement to the 179D Energy Efficient Commercial Buildings Deduction. 179D itself is essentially providing an incentive for organizations to use more energy efficient technologies for their buildings.
How Automation Can Solve Problems in the Food Supply Chain
Automation allows farmers and food distributors to streamline their supply chains, relying on less labor to get their goods to market. Each year in the United States alone, 80 million tons of food is considered spoiled or unsellable before it reaches the market.
Houston Leads the Way in Energy Transition with Groundbreaking Event
The engineering community witnessed a significant milestone in the pursuit of sustainable energy solutions as Houston hosted its first-ever Energy and Climate Week.
House Republicans vote to strip IRS funding, following pledge to repeal nearly $80 billion approved by Congress
House Republicans on Monday night voted to slash funding for the IRS, following a pledge from newly-elected Speaker Kevin McCarthy to repeal the money approved by Congress last year.
House Republicans Vote to Rescind I.R.S. Funding
The measure, one of the new majority’s first legislative moves, would cut billions in funding that Democrats passed to help crack down on tax cheats. It does not have enough votes to pass the Senate
Historic Fusion Ignition Breakthrough Could Fuel New Industries
Dr. Robert Ambrose, Chairman of Robotics & Artificial Intelligence, alliantgroup & Former NASA Software, Robotics and Simulation Division Chief & Deirdre Ricketts, Lead Science Teacher & STEAM Lab Facilitator
Hiring New Accountants: The Challenge For The CPA Community And The IRS
Our nation is facing a significant shortfall in young people entering the workforce as accountants. Setting aside the joy of accountants wanting to become lion tamers – the impact on the nation is potentially significant. I am seeing first-hand in discussions with our CPA Firm relationships across the country
Hidden Tax Benefits and Potential Pitfalls SMBs Should Know This Filing Season
The Inflation Reduction Act (IRA) is potentially transformative for small- to medium-size businesses (SMBs), but along with taking advantage of the new benefits it and other government programs have to offer, SMBs must be aware of critical nuances that could impact their tax filing this season.
Here’s why IRS tax audits have declined over the past decade
Audit rates have been on the decline since 2010. Across all income brackets, the audit rate decreased to 0.25% in 2019, down from 0.9% in 2010.