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Report Predicts AI will Have a Transformational Impact on Professional Work by 2028

CPA Practice

Additionally, two thirds of the survey respondents (66%) predict AI will create new professional career paths, while 68% expect roles that do not require traditional legal or tax qualifications to increase over the next five years. “We In tax, more enrolled agent (EA) professionals may be able to do personal tax returns.

Legal 98
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IRS and Treasury Finalize E-Filing Rules for Businesses

CPA Practice

The final regulations impact filers of: Partnership returns; Corporate income tax returns; Unrelated business income tax returns; Withholding tax returns; Certain information returns; Registration statements; Disclosure statements; Notifications; Actuarial reports; and Certain excise tax returns.

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Tax Savings Programs for Massachusetts Life Sciences Companies

Withum

Massachusetts Companies The Massachusetts Life Sciences Center Tax Incentive Program application window is now open and is offering lucrative tax savings to eligible companies. Companies that apply and are accepted into this program can benefit from various tax benefits, such as: Life Sciences Investment Tax Credit (pursuant to M.G.L

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Let’s End Tax Break Giveaways for the Fat Cats of Pro Sports

CPA Practice

Local public officials are trapped in a no-win situation, which pits their residents’ love for local teams against the perverse economics of tax-privileged stadium financing. The team owners love being tenants, and especially love it when the rents they pay are chiseled lower by the use of tax-exempt bonds issued by public agencies.

Sports 98
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Nurturing Biotech Companies in New York

Shay CPA

An Overview of START-UP NY, QETC, and Life Sciences R&D Tax Credit Program New York has long been a global hub for finance, fashion, and food. START-UP NY: A Decade of Tax-Free Operations START-UP NY is a unique program aimed at partnering businesses with universities and colleges across the state.

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How Startups Can Benefit from Missouri’s New R&D Tax Credit

Anders CPA

The Missouri research and development (R&D) tax credit was reinstated as of January 1, 2023, clearing the way for more tax savings for businesses that engage in qualified research. Startups, particularly those engaged in R&D activity that qualify, should be aware of this change before they file their 2023 income tax returns.