Hundreds of IRS employees worked for accounting firms | Accounting Today
Nearly 500 Internal Revenue Service employees worked at large accounting firms or big companies either before, during or after they worked at the IRS, according to a new report examining the "revolving door" between the government agency and the tax industry.
Publisher: Accounting Today
Date: 2023-08-29T21:51:02.781
Author: https www accountingtoday com author michael cohn
OpenAI is releasing a version of its buzzy ChatGPT tool specifically for businesses, the company announced Monday, as an AI arms race continues to ramp up throughout corporate America.
Some of the early customers of ChatGPT Enterprise include fintech startup Block, cosmetics giant Estee Lauder Companies and the professional services firm PwC.
When General Assembly budget leaders announced an agreement on Friday that ends a six-month budget standoff , they outlined $1 billion in tax cuts, almost all of it through one-time payments of $200 to individual taxpayers and $400 to couples filing jointly.
In a one-page statement, they also touted investments in public education — both K-12 and higher education and money in financial reserves to cushion against economic uncertainty.
Investigation findings: Investigators with the department's Wage and Hour Division found the North Carolina home health care service paid employees straight-time rates for all hours worked.
Quote: " All workers deserve the wages they legally earned, including those who provide essential care to people in our communities," said Wage and Hour Division District Director Richard Blaylock in Raleigh, North Carolina.
Fifteen public accounting firms in the U.S. made $1 billion or more in revenue during their most recent fiscal year, according to the newly released top 500 firms ranking for 2023 from INSIDE Public Accounting.
There are three new additions to the "billion-dollar club" for 2023. At No. 13 is New York-based Marcum, which pulled in $1.21 billion, up from $799 million in IPA's 2022 ranking. Marcum jumped from 16th place to 13th place in the past year.
"This is part of the overall restructuring of the firm, back toward its roots," said Stephen Biggar, an analyst at Argus Research.
"They've been unable to carve a path of profitability and scale" for the RIA, which catered to high-net-worth individuals in mass markets outside of Goldman's core, ultra-wealthy clientele, Biggar said.
If it's less than $5 it's basically free. If you return an item for a refund, you've made money. If you paid for a vacation months ago, it's free by the time you go on it. And if you buy something using cash you found in your pocket, it's also free.
That's the bizarre logic of "girl math," the latest TikTok trend in which women rationalize their spending in illogical ways.
Last February, investigators said Tennessee-native Janae Edmondson was walking back to her hotel from a volleyball tournament in Downtown St. Louis when a driver ran a yield sign, crashed and pinned her against another car. Edmondson lost both of her legs as a result of the crash.
The French government is set to finance an expansion and improvement of its rail sector to the tune of €100 million ($110 million) and has decided to do it by increasing the tax on airline tickets.
HCLTech will be Verizon Business's primary collaborator in all deployments involving MNS globally for enterprise customers. The company has been positioned furthest for Completeness of Vision and Ability to Execute in the 2022 Gartner® Magic Quadrant™ for Managed Network Services* (MNS).
Global money market funds draw biggest weekly inflow in 4-1/2 months | Reuters
Saudi riyal, yuan, Turkish lira, pound, U.S. dollar, euro and Jordanian dinar banknotes are seen in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration
Aug 11 (Reuters) - Global money market funds attracted robust inflows in the week to Aug. 9, reflecting investor caution ahead of U.S. inflation readings and as Chinese economic data remained weak.
Gov. Healey signs $56 billion state budget | WBUR News
In her most significant legislative action since taking office in January, Gov. Maura Healey on Wednesday signed into law her first annual state budget.
Healey sent back eight outside sections with proposed amendments and approved the other 103, including measures that will expand access to subsidized health care and allow high school graduates without legal immigration status to tap into in-state tuition rates and financial aid at public ...
A former customer service associate at Amazon has accused the company of failing to pay overtime wages, according to a lawsuit filed this month in Washington.
Hall also accused the company of failing to keep accurate records of the hours he worked and the wages he was owed. He filed a collective action complaint against the company in U.S. District Court for the Western District of Washington last week.
After facing pushback from Alberta and Saskatchewan, Canada's draft net-zero electricity regulations — set to be released today — will permit some natural gas power generation, CBC News has learned.
A senior government source not authorized to speak publicly said that Environment Minister Steven Guilbeault will release Ottawa's proposed Clean Electricity Regulations on Thursday.
"We're excited for deer season. Hunters have a lot to look forward to this year," said Barb Keller, big game program leader. "We encourage all hunters to review the new hunting regulations and make a plan for hunting success."
Deer hunting specifics can be found on the Minnesota DNR website . Electronic copies of all 2023 Minnesota hunting regulations are available now online . Printed copies will be available by the end of August wherever licenses are sold.
Publisher: Minnesota Department of Natural Resources