Meta CEO Mark Zuckerberg must take part in a deposition as part of an ongoing lawsuit in Texas involving the company’s facial recognition technology
National Association of Realtors president says she is resigning after blackmail threat
The National Association of Realtors has seen two presidents quit in less than six months and its CEO step down on the heels of a bombshell civil judgment.
IRS collects record-setting $4.9 trillion in tax revenue in FY 2022
The Treasury Inspector General for Tax Administration said in its annual report that the total tax revenue collected from return filings was about $790 billion more than in FY 2021.
Biden administration’s Medicare drug price negotiations will face major tests in 2024
Next year could set the precedent for the Inflation Reduction Act’s controversial talks, which could affect dozens of medications by the end of the decade.
Here are 3 stocks — other than Nvidia — getting an AI premium from Wall Street
While Nvidia was the big winner for investors this year in the generative AI boom, other tech stocks have also gotten a boost
The best free and low cost apps for bookkeepers
Are you a bookkeeper looking for affordable and efficient tools to streamline your business operations? In today’s digital age, there are numerous free and low-cost apps available that can help you manage your bookkeeping business effectively. Let’s go over the best free and low cost apps for bookkeepers. Accounting Software My number 1 app is […]
Information-reporting penalty safe harbor finalized
The IRS issued regulations on Monday providing a de minimis safe harbor from information-reporting penalties, finalizing proposed regulations issued in 2018.
Interim guidance provided for the corporate alternative minimum tax
The IRS issued a notice on regarding the application of the corporate alternative minimum tax to shareholders of CFCs and to affiliated groups of corporations filing consolidated returns.
Business standard mileage rate increases for 2024
The optional standard mileage rate for business use of a vehicle increased slightly from 2023. The new rate is effective Jan. 1.
5 Myths About Payroll Services That Need To Die
Starting a business isn’t easy. It takes a brave soul and a creative mind to deal with all the challenges of building your own company from the ground up. Business owners must wear multiple hats every day, from Chief Marketing Officer to Head Of Human Resources. Once businesses are thinking about hiring their first couple […]