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The CPA Players Present: The Empire Strikes Back

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IRS to Pilot Free Tax Prep System in January

(Accounting Today) - The Internal Revenue Service is reportedly planning to try out its own direct-file tax software with a limited group of taxpayers by next tax season.



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SEC Ramped Up Enforcement for Accounting and Auditing in FY 2022 
(CPA Practice Advisor) - The SEC disclosed 68 accounting and auditing enforcement actions in FY 2022, up 55% from the previous fiscal year.


How AI Knows Things No One Told It 
(Scientific American) - Researchers are still struggling to understand how AI models trained to parrot Internet text can perform advanced tasks such as running code, playing games and trying to break up a marriage


More Americans are Missing Their Debt Payments 
(Yahoo Finance) - The "delinquency transition rate" for credit cards—the share of credit card debt that is 30 days or more past due—increased by 0.6 percentage points during the first three months of the year


Is There a Best Day of the Week to Buy Gas 
(Life Savvy) - We can all probably agree that gas prices have made a significant leap over the last couple of years, and the prices are taking a toll on many people’s wallets. So is there a way to hack gas prices by switching up your buying days?


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