IRS advisory committee recommends AI, preparer safeguards – Accounting Today

The Internal Revenue Service’s Electronic Tax Administration Advisory Committee issued its annual report containing a set of recommendations for the IRS, including improved technology and data sharing, sustained IRS funding amid cutbacks at the agency, AI and human-centered design, digital filing and payments, tax simplification and outreach, fraud prevention and preparer regulation.The ETAAC report emphasized that a modern, unified technology...

Why GE Vernova (GEV) Stock Is Trading Up Today – TradingView

What Happened? Shares of energy transition company GE Vernova GEV jumped 5.2% in the afternoon session after Bernstein SocGen's Sunaina Ocalan initiated coverage on the company with an Outperform rating and a $1,206 price target.What stood out is Ocalan's framing: she described GEV as a "right time, right business" situation, a company whose product suite sits exactly where three of...