Chris Gaetano is the technology editor for Accounting Today. He brings with him more than a decade of experience covering the accounting profession as part of the NYSSCPA's Trusted Professional. Prior to that, he was a local news reporter at Greater Media Newspapers in New Jersey. He graduated from Rowan University, in Glassboro, NJ.
Generative AI, which is already playing an outsized role in fraud, is also expected to play an equally large role in efforts to fight fraud.
In this month's Cybersecurity for CPAs, a firm takes steps to make sure people still follow the safety rules they instituted during work for home.
Tax software provider Vertex found a strong majority of companies have made material mistakes on indirect tax compliance, as few identify as risk averse.
Plus, Schneider Downs launches SD Digital group; and other updates from the accounting technology world.
Intuit QuickBooks has introduced split billing for 1099s, which allows e-filing costs for 1099s to be split between accountants and their clients.
People shelled out over $1 billion in ransomware payments last year.
The smallest accounting firms are anticipated to be the biggest spenders in technology over the coming years, according to a recent survey from Caseware.
Costs to access and connect with certain cloud-based solutions have been increasing, leading to higher technology costs for accounting firms.
A recent survey of mostly smaller practitioners has found that spreadsheets remain the No. 1 way they manage their workflows.
The proportion of accounting firms offering "no touch" tax prep is projected to increase 37% in the next one to three years.