IRS July 8, 2026
It's a question that's difficult to answer because the data the IRS collects to measure chatbot performance is unreliable, limiting the agency's ability to determine whether the applications are operating effectively, the Treasury Inspector General for Tax Administration says.
Firm Management December 23, 2024
Data is at the core of incorporating AI and automation into your firm’s workflows. Without a deliberate data strategy, these initiatives can fall short.
December 23, 2024
After welcoming the MFK team, DSB Rock Island will have 110 employees, 16 partners and an estimated $31 million in revenue. This strategic transaction is part of long-term planning for both MFK and DSB Rock Island, according to firm leadership.
Firm Management December 23, 2024
If you’ve settled into a hybrid environment, you may hear some backlash, but you may also have some excited staff members who enjoy being in the office.
Firm Management December 23, 2024
HubSync Co. has announced several new enhancements to its product suite. These new features focus on how firms manage tax and accounting processes, leveraging cutting-edge AI and user-centric design.
Accounting Standards December 22, 2024
Nature-dependent electricity contracts help companies to secure their electricity supply from sources such as wind and solar power.
Taxes December 22, 2024
The Internal Revenue Service has announced plans to issue automatic payments later this month to eligible people who did not claim the Recovery Rebate Credit on their 2021 tax returns.
December 22, 2024
President-elect Donald Trump said Saturday that the Panama Canal is charging “exorbitant prices and rates of passage” on U.S. naval and merchant ships.
Accounting December 21, 2024
The Senate cleared a stopgap funding extension early Saturday shortly after a midnight deadline, staving off a partial government shutdown and ending days of gridlock over a package whose contents seemed to change by the hour.
Firm Management December 20, 2024
The office’s numerous amenities, including a designated meeting space and café, further enable the organization’s client-centric focus and strengthen its ability to serve as a trusted, valued advisor.
Accounting December 19, 2024
The event is free for professionals, thanks to the sponsorship of several leading accounting and tax technology providers. All sessions are NASBA certified for CPE credit, and some sessions are IRS certified for CE credit.
Taxes December 19, 2024
The optional standard mileage rate for automobiles driven for business will increase by 3 cents in 2025, while the mileage rates for vehicles used for other purposes will remain unchanged from 2024.
Financial Reporting December 19, 2024
Following the release of language in the proposed continuing resolution relating to the beneficial ownership information reporting requirement, the American Institute of CPAs (AICPA) released the following statement.