The Rise2040 report from the AICPA and CIMA outlines the profession's future — and it involves a massive amount of change.

Tax technology company Magnetic announced the rollout of an AI agent that is said to handle nearly every aspect of the 1040 prep work, including areas that require contextual analysis.

A reader responds to concerns about the interactions of auditors and artificial intelligence.

Leaders now need to ensure that they can take advantage of AI, while supporting a pipeline of young talent who can grow into strong leaders themselves. 

Plus, Karbon launches Kai AI co-worker, platform enhancements; Avalara rolls out Avalara Tax Essentials; and other accounting tech news and updates.

The problem is not that the technology team lacks competence. The problem is that AI transformation is not a technology project.

The average number of open accounting and finance roles per company has skyrocketed to 17, up from five in 2025 and just two in 2024, according to a new report.

Wolters Kluwer announced an expanded enterprise collaboration with OpenAI to develop and release AI native solutions, with a pipeline of new AI-based features.

Financial operations platform Ramp announced the launch of Ramp Stack, described as an AI-based operating system built as the company's first product specifically for accounting firms.

Competitive differentiator; non-traditional tax regimes; caught off guard; and other highlights from our favorite tax bloggers.

The Top 50 Firm is rebranding as Current to reflect the firm's commitment to upgrading local firms with AI to compete with large incumbents.

AI is changing accounting, but removing humans from the loop is the fastest way to destroy the profession.

While it might be intimidating to hear about companies who have installed AI everywhere and use it for everything, leaders have learned to adjust over time.

Anthony Sciarra, a tax leader at PricewaterhouseCoopers, is joining Armanino's tax practice as the San Ramon, California-based firm continues to grow.

"Will AI automate bookkeeping?" is now settled. Yes, it will. In many firms, it already has. And for the firms that haven't adopted it yet, their clients are starting to. The more useful question is what happens after.

Accountants don't have to wait for a major catastrophe to act on governance and oversight of AI as the systems become more enmeshed in workflows and decisions.

Plus, Auditoria.AI announces Governed Autonomy operating framework; HubSync rolls out HubSync Halo; and other accounting tech updates.

AI is a powerful tool for tax professionals, but with a smaller, more automated and less forgiving IRS, firms need to have the right policies in place.

California's proposed tax on billionaires is an opportunity may change the careers of Massachusetts-educated tech leaders.