Accounting February 28, 2026
Voting Opens for 2026 Readers’ Choice Awards!
Voting in the 2026 Readers’ Choice Awards is now open. Readers can vote for the programs, hardware, services, and other technologies they use and trust.
Technology July 23, 2025
AvidXchange Unveils New AI Agents to Elevate Accounts Payable Processes
As part of AvidXchange’s 2025 trends report, which surveyed 500 mid-market finance leaders, it was reported that 76% of finance departments recognize the value of using AI within their finance department to improve efficiency and decision-making.
IRS July 22, 2025
IRS Workforce Has Shrunk 25% Since Trump Took Office
The IRS workforce has been slashed from approximately 103,000 employees in January when Donald Trump began his second term as president to 77,428 in May, with some of the biggest job cuts among tax examiners and revenue agents, according to a new TIGTA report.
Staffing July 22, 2025
7 in 10 Managers Say Supervising Gen Z Feels Like Babysitting or Parenting
About 61% say their Gen Z reports require frequent hand-holding, while 52% say they struggle to follow basic instructions.
PCAOB July 22, 2025
George Botic Takes Over as Acting Chief of the PCAOB
The SEC has named George Botic acting chair of the Public Company Accounting Oversight Board, effective July 23, following last week's resignation of Erica Williams, whose last day as PCAOB chair is Tuesday.
Taxes July 22, 2025
Operation Needed to Claim Net Operating Losses
Prior to the Tax Cuts and Jobs Act (TCJA) NOLs could be carried back two years to offset taxable income before being carried forward for up to 15 years.
Payroll July 22, 2025
AARP Survey Shows Confidence in the Future of Social Security Among Younger Adults at 15-Year-Low
Americans’ confidence in the future of Social Security has declined by 7 percentage points in the last five years, from 43% in 2020 to 36% in 2025.
Technology July 22, 2025
Canopy Announces Release of New Client Intake Solution
Canopy on July 22 launched Smart Intake, a native solution that automates client intake and tax workflow.
Technology July 22, 2025
Intuit Adds AI Agents, Other Enhancements to Intuit Enterprise Suite
Intuit said July 22 that it has made significant updates to Intuit Enterprise Suite, including the addition of new proactive AI agents, enhanced automation, business intelligence, and financial management capabilities.
Small Business July 22, 2025
AICPA and CIMA Launch Business Resilience Toolkit
AICPA and CIMA have developed the Business Resilience Toolkit, tailored for finance professionals and business leaders.
Technology July 22, 2025
Sovos Unveils AI-Powered Tax Compliance Intelligence Solution
Sovos on July 22 announced Sovos Intelligence, an AI-powered tax compliance intelligence solution that enables companies to get real-time insights on transactions and tax data.
Accounting July 22, 2025
Fitch Launches Annual Careers Guide to Quantitative Finance
It is designed to equip hiring managers and candidates with contextual career and hiring information related to the rapidly changing world of quantitative finance.
Taxes July 22, 2025
SmartVault to Launch SmartRequestAI to Automate Document Collection and Client Intake Process for Tax Professionals
Launching later this year to enable firms before the tax season rush, SmartRequestAI uses proprietary AI technology to automate and streamline one of the most time-consuming parts of tax prep.