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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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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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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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Autumn Budget Commentary: Tax Disputes and Disclosures

Menzies

billion by 2029/30. Focus on debt collection In addition to the 5,000 new HMRC compliance officers there is also a plan to recruit 1,800 debt management officers which is expected to raise an additional £2 billion by 2029/30. This is expected to cost £1.4 billion over 5 years and raise £2.7

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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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Colorado Set to Join IRS Direct File Program in 2026

CPA Practice

Under the program, Coloradans will save an estimated $140 million a year in filing fees, and the system will help residents qualify for $80 million-plus in federal tax credits by 2029, according to an analysis by the Economic Security Project. The study was cited by Gov. Jared Polis’ office when announcing the change this week.

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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.