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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

CNN Top News

When Cher Scarlett uploaded a picture of herself to a facial-recognition website called PimEyes, a slew of images from a dark moment in her past resurfaced

Tue, May 24, 2022

Cher Scarlett, a software engineer, has a history of being misidentified by face-scanning technology, including one instance that may have surfaced a distant ancestor in a photo. So when she was introduced to an online facial-recognition tool she hadn't heard of, she wanted to see whether it would mistake photos of her mom or daughter for her. ...

Social media stocks plunge on Snapchat warning

Tue, May 24, 2022

Wall Street was not in a particularly social mood Tuesday. Social media stocks plummeted following an ominous earnings warning from Snapchat's parent company. ...

Anyone can use this powerful facial-recognition tool — and that's a problem

Tue, May 04, 2021

You probably haven't seen PimEyes, a mysterious facial-recognition search engine, but it may have spotted you. ...

Amazon will block police indefinitely from using its facial-recognition software

Tue, May 18, 2021

Nearly a year ago, Amazon said it would stop providing its facial-recognition software, Rekognition, to police for a year. Now it appears that ban won't be ending any time soon — if ever. ...

Company could have largest facial recognition database ever

Fri, Jul 23, 2021

You might not see it, but it sees you. CNN's Jon Sarlin explores the brave new world of facial recognition technology. ...

Federal appeals court rules for social media companies in battle over content moderation

Tue, May 24, 2022

Key parts of a Florida law restricting social media platforms' ability to moderate content likely violate the First Amendment, a federal appeals court ruled Monday, in a victory for the tech industry amid a wider battle over digital speech. ...

Ukrainian special forces release video of military using foreign-made kamikaze drones

• Video: Ret. Col. says it's game over here if Russians do this ...

CDC warns monkeypox rash is showing up on different body parts than typically expected

Tue, May 24, 2022

• Anyone can get monkeypox, but CDC warns LGBTQ community about 'greater chance' of exposure now • What is monkeypox, its symptoms and threat to you? ...

San Francisco mayor will not march in Pride parade if participating police are not allowed to wear uniform

Tue, May 24, 2022

San Francisco Mayor London Breed will not march in the city's Pride parade next month if participating police officers are not allowed to wear uniforms, the mayor said in a statement Monday. ...

Jackson used campaign funds to pay for 'unlimited access' at private dining club, House panel finds

Tue, May 24, 2022

GOP Rep. Ronny Jackson may have violated federal law by using campaign funds to pay for "unlimited access" to a private dining club in Texas, according to a review by a House advisory panel, referring the matter for further investigation. ...

Taxpayer Advocate Service Feed

NTA Blog: Low-Income Taxpayers Encounter Communication Barriers That Hinder Correspondence Audit Resolution

Thu, May 19, 2022

May 19. 2022 – Many taxpayers experience difficulties with correspondence audits. Once a return is selected for examination, the IRS […] The post NTA Blog: Low-Income Taxpayers Encounter Communication Barriers That Hinder Correspondence Audit Resolution appeared first on Taxpayer Advocate Service. ...

TAS Tax Tip: Adjust Your Withholding to Ensure There’s No Surprises on Tax Day

Tue, May 17, 2022

May 17, 2022 – It is a good practice for everyone to do a paycheck check-up every year. Checking your […] The post TAS Tax Tip: Adjust Your Withholding to Ensure There’s No Surprises on Tax Day appeared first on Taxpayer Advocate Service. ...

TAS Tax Tip: Why do I owe a penalty and interest and what can I do about it?

Tue, May 10, 2022

May 10, 2022 – Do you owe a penalty? Here’s why and what you may be able to do about […] The post TAS Tax Tip: Why do I owe a penalty and interest and what can I do about it? appeared first on Taxpayer Advocate Service. ...

NTA Blog: Despite Operating Legally in Many States, Marijuana-Related Businesses Face Significant Federal Income Tax Law Challenges

Tue, May 10, 2022

May 10, 2022 – As the National Taxpayer Advocate, I am the voice of *all* taxpayers within the IRS. As […] The post NTA Blog: Despite Operating Legally in Many States, Marijuana-Related Businesses Face Significant Federal Income Tax Law Challenges appeared first on Taxpayer Advocate Service. ...

TAS Tax Tip: How to handle a notification of tax-related identity theft

Tue, May 03, 2022

May 3, 2022 – Did you get a notification from IRS or the Social Security Administration (SSA) advising you that […] The post TAS Tax Tip: How to handle a notification of tax-related identity theft appeared first on Taxpayer Advocate Service. ...

Taxpayer Advocate Service Partners With IRS to Provide Face-to-Face Saturday Help

Sun, May 01, 2022

Saturday Help The Taxpayer Advocate Service (TAS) is pleased to announce we are partnering with the IRS to offer in-person […] The post Taxpayer Advocate Service Partners With IRS to Provide Face-to-Face Saturday Help appeared first on Taxpayer Advocate Service. ...

NTA Blog: IRS Online Accounts Do Not Have Sufficient Functionality and Integration With Existing Tools to Meet the Needs of Taxpayers and Tax Professionals

Thu, Apr 28, 2022

April 28, 2022 – The IRS has yet to develop and adopt a one-stop solution for online and digital offerings […] The post NTA Blog: IRS Online Accounts Do Not Have Sufficient Functionality and Integration With Existing Tools to Meet the Needs of Taxpayers and Tax Professionals appeared first on Taxpayer Advocate Service. ...

TAS Tax Tip: Tax terms – find the meaning of them by searching our website

Tue, Apr 26, 2022

April 26, 2022 – The IRS uses many words and terms related to taxes that aren’t always easy to understand. […] The post TAS Tax Tip: Tax terms – find the meaning of them by searching our website appeared first on Taxpayer Advocate Service. ...

National Taxpayer Advocate to Testify with IRS Commissioner at Government Operations Subcommittee Hearing

Wed, Apr 20, 2022

4/20/2022 – On Thursday, April 21 at 10 a.m. Eastern Time, National Taxpayer Advocate Erin M. Collins will testify in […] The post National Taxpayer Advocate to Testify with IRS Commissioner at Government Operations Subcommittee Hearing appeared first on Taxpayer Advocate Service. ...

TAS Tax Tip: Need help resolving a tax amount owed or finding the right payment option?

Tue, Apr 19, 2022

April 19, 2022 – Got a tax bill for your federal tax return? We have resources to help you resolve […] The post TAS Tax Tip: Need help resolving a tax amount owed or finding the right payment option? appeared first on Taxpayer Advocate Service. ...