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The Internal Revenue Service has awarded a contract to PSI Services to develop and administer the special enrollment examination for Enrolled Agents to earn the federal credential for tax professionals.Processing ContentOver 29,000 EA-SEE tests are administered every year as part of the IRS Return Preparer Office’s regulatory program. PSI will begin supporting the exam in May and then give test-takers access to more than 550 high-security testing centers across the U.S. starting in July. PSI will handle scheduling exam appointments, exam development and maintenance, secure test delivery, candidate support, secure data handling and result reporting. Its security steps include AI-enhanced…
This as-told-to essay is based on a conversation with Monica Aksamit. It has been edited for length and clarity.When I ask people how much they thought I earned as a US Olympian, they always guess an amount far above what I actually got paid.During the years I was part of the US fencing team from 2016 to 2021, I made $300 a month. This was the pinnacle of my fencing career, and yet I wasn’t making enough to cover my living expenses.But this had always been my dream, and I had to pursue it at all costs.I started fencing as…
Love made me leave behind a place right near my parents in Houston to join my partner in a town without a single restaurant.I’d first met my partner a decade earlier, but we’d reconnected more recently — while long-distance — over a shared love of stories, coffee, and baseball.From the beginning, it was clear that if we were to close the distance gap, it would be me who moved. I longed for a life closer to nature, away from the crowds, and where I could enjoy each season to the fullest — a life he was already living in rural…
The Internal Revenue Service has now closed nearly all outstanding claims for the employee retention credit after it was hit by billions of dollars in improper claims, aside from about 41,000 claims still under exam or appeal, according to a new report.Processing ContentThe report, released Tuesday by the Government Accountability Office, found that approximately 83% of ERC refunds, or around $235 billion, were issued in 2022 through June 2025, well after unemployment had returned to its pre-pandemic level. The ERC was one of several pandemic relief programs, such as the Paycheck Protection Program and the Emergency Injury Disaster Loans, that…
The International Auditing and Assurance Standards Board has decided to pursue non-authoritative guidance for now addressing some of the practical difficulties of applying its current standards to uses of emerging technology, like artificial intelligence. Processing ContentIn the latter half of last year, the standard-setting body conducted eight global roundtables engaging over 240 stakeholders from the accounting, auditing and standard-setting community to explore some of the technical challenges arising from AI and other emerging technologies. Among other areas of agreement, stakeholders felt there is a need for consistency in how quality management standards are applied to such tech tools, as well as…
When I decided to move in with fellow veteran Marines, the motivation was practical. I wanted to save money and believed shared military experience would make living together simple. We understood discipline, teamwork, and sacrifice. I assumed that would carry over naturally into civilian life.I was wrong. I quickly realized I was stepping into a home filled with unresolved trauma — like illness, addiction, and divorce.I had to check my ego immediately. I had to decide whether to retreat or become a supportive teammate.Shared military experience doesn’t mean we were all in the same place mentallyIn the military, standards are…
2026 Ford Mustang Dark Horse SC on display during the Media Preview of the 2026 Chicago Auto Show at McCormick Place on February 6, 2026, in Chicago, Illinois.Jacek Boczarski | Anadolu | Getty ImagesDETROIT – Ford Motor reported its largest quarterly earnings miss in four years in its fourth-quarter results released Tuesday, while guiding for 2026 to be a rebound year for the automaker.Ford’s 2026 guidance includes adjusted EBIT of between $8 billion and $10 billion, up from $6.8 billion last year; adjusted free cash flow of between $5 billion and $6 billion, up from $3.5 billion in 2025; and…
David Solomon is officially done playing defense.The Goldman Sachs CEO has steered the bank through several grueling years for the industry, including a multi-year drought in private equity spending and extreme trading volatility. But after a booming 2025, Solomon told investors at a UBS financial services conference on Tuesday that the firm is entering 2026 with the wind at its back.Solomon praised policymakers in Washington for spurring acquisitive appetites. “You have a massive deregulatory trend in the United States after a very tough regulatory period in the United States, across all industries,” Solomon said.The receptive comments about the government’s heightened…
While many tech startups subscribe to the “move fast and break things” school of management, embedded tax solutions provider April deliberately chose a very different approach.Processing Content”In the world of tax, you want to be right before you go fast,” said co-founder and CEO Ben Borodach.Since its founding in 2022, the company has made it a point to grow deliberately and intentionally in service of its wider strategy of not pursuing a direct-to-consumer model like previous tax platforms but a business-to-business approach that gives companies tax capacities for their own customers. The overall idea is that people won’t be visiting…
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. French building product conglomerate Saint-Gobain started its business more than 350 years ago, making the mirrors for the Palace of Versailles. Now it’s set its sights on windows in U.S. homes – windows, walls, ceilings and other building materials. The company has invested close to $7…