Final Approval of the settlement was granted on June 29, 2023. The distribution of Settlement Benefits has not begun for this case. Introduction In the digital age, data breaches have become a…
Bridge Collapse Could Affect Over a Million People in Baltimore Area
More than a million people who live in Baltimore City (565,239) and Baltimore County (844,703) and thousands more tourists and commuters could be impacted in the coming months by the collapse of…
Microsoft’s Copilot: Transforming Productivity with AI Integration
In the nascent stages of the generative artificial intelligence (GenAI) era, accessing innovative services like ChatGPT often required users to navigate specific websites or dedicated mobile applications. However, a paradigm shift is…
IRS announces tax relief for taxpayers impacted by severe storms & flooding in Rhode Island and Maine
On April 4, the Internal Revenue Service (IRS) announced tax relief for individuals and businesses in parts of Rhode Island and Maine affected by severe storms and flooding that began on Dec….
Eligible taxpayers can file online directly with the IRS for free
Taxpayers encouraged to try innovative new option before April 15 deadline. On March 12, the Internal Revenue Service (IRS) announced the full-scale launch of the innovativeĀ Direct File pilotĀ and encouraged eligible taxpayers in…
The Enhancement and Standardization of Climate-Related Disclosures: Final Rules
On March 6, 2024, the Securities and Exchange Commission (SEC) adopted final rules to require registrants to disclose certain climate-related information in registration statements and annual reports. The Commission proposed the rules…
IRS enhances āWhereās My Refund?ā tool for 2024 filing season
The Internal Revenue Service (IRS) encourages taxpayers to utilize the improved “Where’s My Refund?” tool on IRS.gov to check the status of their tax refunds. This tool provides three key pieces of…
Guarding Against Rising Investment Frauds Exploiting Artificial Intelligence
The Securities and Exchange Commission (SEC) Office of Investor Education and Advocacy, in collaboration with the North American Securities Administrators Association (NASAA) and the Financial Industry Regulatory Authority (FINRA), has issued a…
A Beginner’s Guide to Becoming AI Literate and Harnessing the Power of GenAI
Artificial Intelligence (AI) is rapidly transforming the world around us, influencing industries, technologies, and daily life. Whether you’re a student, a professional, or someone curious about the field, becoming AI literate is…
Businesses do not have to report certain transactions involving digital assets until new Treasury and IRS regulations are issued
The Treasury Department and Internal Revenue Service (IRS) issued an announcement informing businesses that they do not have to report the receipt of digital assets the same way as they must report…