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IRS extends Free File through 2029

Accounting Today

The program with third-party tax vendors will continue for another five years despite the IRS's recent Direct File pilot test.

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IRS Extends Free File Program Through 2029

CPA Practice

The Free File program , a partnership between the IRS and tax preparation companies that make their online filing software available to eligible taxpayers for free, has been extended through 2029, the tax agency said on May 22. will continue the program through October 2029. from the 2.7

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Quantum Computing Could Spark Cybersecurity Armageddon, Says IBM

CPA Practice

He said a “trainwreck” is unfolding, estimating that it will take banks eight to ten years to transfer to post-quantum protocols, while scalable quantum computers will be available by 2029 or 2030. Anything that uses encryption, from ecommerce to online banking, is at risk, according to Hidary.

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Erica Y. Williams Gets Another Five Years to Write Scathing Op-Eds About Sloppy Audit Firms

Going Concern

Williams has been appointed for a second term that begins on October 25, 2024 and ends on that same day in 2029. The SEC announced today that current PCAOB Chair Erica Y. She’s been in the big chair at the PCAOB (no pun) since January of 2022 after she was brought in after a bit of a coup involving her predecessor William Duhnke.

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What’s new in sales tax?

TaxConnex

State updates California has expanded its sales and use tax exemption for new, used or remanufactured trucks and new or remanufactured trailers or semitrailers delivered to a purchaser in state for use in interstate commerce to include used trailers or semitrailers. The sunset of this expanded exemption is also extended to Jan.

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Erica Williams sworn in for second term as PCAOB chair

Accounting Today

24, 2029. Williams, who began her first term in January 2022, will now helm the Public Company Accounting Oversight Board through Oct.

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New South Carolina Tax Credit to Incentivize Expanding Trail System

Cherry Bekaert

The new credit is set to expire on January 1, 2029. The credit is nonrefundable and unused tax credit may be carried forward five years. The total credit for all taxpayers is capped at $1 million annually.