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In the blogs: Order in the court
Cryptocurrency disposals; cosmetic compliance; paper or plastic; and other highlights from our favorite tax bloggers.

Forvis Mazars global revenue grows 11%
Forvis Mazars reported its combined revenue globally for fiscal years 2024-25 reached $5.7 billion, or about 11% year-over-year growth.

IRS-CI uses bank filings in nearly all investigations
The IRS's Criminal Investigation unit is leveraging the data received from financial institutions under the Bank Secrecy Act for the vast majority of probes.

GAO calls for stricter IRS oversight of tax preparers
Paid tax preparers can make serious errors on tax returns, according to a report from the Government Accountability Office that recommends better oversight.

NABA and TSCPA partner on accounting pipeline
The National Association of Black Accountants and the Tennessee Society of CPAs are partnering to address the talent shortage.

COSO releases guidance on internal controls for AI
The Committee of Sponsoring Organizations of the Treadway Commission has released guidance outlining ways that organizations can achieve and maintain effective internal controls over generative AI.

How wealth management partnerships can benefit CPA practices
A key advantage to partnering with a wealth management firm is gaining a complete view of each client's financial picture.

Five obstacles to AI ROI
A number of different factors — technological, conceptual, organizational — have been stymieing efforts to successfully implement artificial intelligence.

Thomson Reuters developing own AI foundation model
Thomson Reuters is developing its own AI foundation model, trained on TR's own content stores as well as a collection of PhD-level researchers and other academics.

Thomson Reuters calls new version of CoCounsel 'human-level'
Thomson Reuters previewed its latest CoCounsel AI agent as a fully autonomous assistant that can deliver a work product it described as "human-level."
















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