IRS Plans to Use AI and Ramp Up Enforcement on Millionaires, Partnerships and Crypto

October 1, 2023 | 0 views

Recently, IRS Commissioner Danny Werfel spoke of changes within the IRS, announcing several initiatives focusing on high-income earners and partnerships, as well as integrating the use of AI within the agency’s work. According to the commissioner, the initiatives were made...

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Common Financial Reporting Mistakes and How to Correct Them

October 1, 2023 | 0 views

With accounting fraud and financial reporting mistakes creating a lack of confidence, understanding how financial reporting mistakes occur and are detected is an important topic. According to the Association for Federal Enterprise Risk Management and the U.S. Securities and Exchange...

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Work and Social Security Benefits

October 1, 2023 | 0 views

You can work and still receive Social Security benefits, but how much you receive depends on a number of factors.First, if you do plan to continue working after becoming eligible to receive benefits, you might consider delaying filing for benefits...

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How to Organize Your Tax Documents

October 1, 2023 | 0 views

Since tax time isn’t until next April, organizing your documents right about now might not be top of mind or even something you want to do. However, if you don’t want to have to scramble come springtime, you might want...

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2021 Vs 2022 Vs 2023 Federal Income Tax Brackets

September 1, 2023 | 0 views

The US tax system is progressive, meaning that the more you earn the more you pay. For the years 2021-2023 there are seven different brackets for each year (2020 was the same structure as well). Which bracket you are in...

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