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How AI And Robotics Can Change Taxation
(Forbes) - Governments are leveraging the benefits of AI and robotics in many fields like healthcare services, transportation, defense, and national security. Governments are rapidly accepting the use of AI, which is opening up new opportunities for innovation in government services, like taxation.
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IRS Offers Tools to Help Gig Economy Workers on Taxes
(CPA Practice Advisor) - Educating gig economy workers about their tax obligations is vital because many don’t receive form W-2s, 1099s or other information returns for their work in the gig economy. However, income from these sources is generally taxable, regardless of ...
You Can Now Wait Until 72 To Take Required Minimum Distributions. But Should You?
(Forbes) - The Secure Act increased the required minimum distribution (RMD) age from 70 1/2 to 72, marking the first change to the RMD age since first becoming law in 1986. The age increase will only apply to anyone born on or after July 1, 1949.
Taxpayer Advocate finds problems with tax refund delays and taxpayer service
(Accounting Today) - The Internal Revenue Service’s new anti-fraud filters are unnecessarily flagging millions of tax returns and delaying legitimate tax refunds for weeks or months, according to a new report from the acting National Taxpayer Advocate’s office.
Cord-cutting in 2020: The Race for a Unified Streaming Guide is On
(Tech Hive) - Navigating a sea of streaming services needs to be a lot easier. It might finally happen this year.
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