Four practical shifts to thrive in the busy season The firms that are starting to feel a real difference in the busy season are not working harder; they are redesigning the way the audit process runs.
Datarails declares traditional FP&A dead, releases FinanceOS platform Datarails, an FP&A solutions provider, declared FP&A software is dead and AI killed it, pairing this assessment with a new AI-driven platform.
Change to IRS's tip deduction guidance may mean amended returns The IRS's changes in its instructions for claiming the new tax deduction for tips is making it more difficult for self-employed and gig economy workers.
In the blogs: Running out the clock Here's a tip; what a relief; established client base; and other highlights from our favorite tax bloggers.
Diligent launches AI tool for internal audit Diligent launched its new AuditAI solution, described as a strategic compliance tool that automates execution of internal audit tasks.
New bank info requirements delay over 830K tax refunds More than 830,000 taxpayers have received notices saying their tax refunds are being delayed due to an executive order requiring electronic payments.
Internal auditors see staff and budget cuts increasing Internal auditors are reporting more cuts in their staffing and budgets, according to a survey by the Institute of Internal Auditors' Internal Audit Foundation.
North American accounting orgs extend recognition pact Leaders of accounting organizations in the U.S., Canada and Mexico signed a memorandum of understanding to extend an agreement easing cross-border practice.
Can AI fix the shortage of tax talent? AI has emerged as a potential force multiplier, but can it augment capacity in a way that is sustainable and responsibly governed?
Meta hikes fees for advertisers to cover Europe's digital taxes Businesses buying ads on Meta's platforms will be charged an extra amount, corresponding to the digital tax rate in the country where they are showing the ad.
