Browsing Tag

U.S.

6 US Universities’ Group Aims to Boost Weather Forecasting

TL/DR - The Commerce Department and National Oceanic and Atmospheric Administration (NOAA) have announced $6.6 million in funding for a working group of American universities aimed at improving weather forecasting. The group, named the "Consortium for Advanced Data Assimilation Research and Education" (CADRE), will include six universities and…

IRS targets personal use of corporate jets for tax audits

TL/DR - The Internal Revenue Service (IRS) intends to investigate wealthy executives who use company jets for private purposes yet classify the costs as business expenses for tax purposes. The audit, made possible by the 2022 Inflation Reduction Act, will use advanced analytics to determine whether the use of company jets is correctly allocated…