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.
Due to a software glitch, some TurboTax customers were inappropriately encouraged to take deduction choices resulting in higher taxes.
Plus, Estateably touts new accounting tools for estate planning; and other accounting tech news and updates.
A set of polls has found that leaders expect that generative AI will lead organizations to actually increase their headcounts, at least in the short term.
The AI-driven analytics solution is specifically for accounting firms.
LogicGate released AI governance software to help entities govern and manage implementation of the technology in their organizations.
Sovos announced the launch of Sovos Indirect Taxes, which features e-invoicing capacities and integrates with over 70 ERPs and transaction management systems.
Plus, Earmark launches a web app; and other accounting technology news.
An experiment tested different generative AI models against each other on multiple choice questions from CPA Exam test prep material, and found they have their own strengths and weaknesses.
Thomson Reuters announced the release of CoCounsel, a generative solution within Checkpoint Edge meant to help tax professionals with complex research.
Not only are ransomware attacks growing dramatically, 90% of IT decision-makers have made at least one payment in the last year.
Plus, LeaseCrunch announces webinar on lease changes and remeasurements; and other accounting technology updates.
While still a minority in the accounting world, remote partners offer unique benefits amid talent shortages.
Remote partners bring many advantages, but firms do need a little more thought when it comes to managing them.
Ross Tennenbaum said he intends to improve its customer experience, and hinted at an e-invoicing partnership with a blue chip company.
The process of becoming a remote partner isn't much different from the traditional path — but it may take a little extra effort.
Some remote partners act as a beachhead in new markets, allowing access to clients far beyond a firm's local geography.
The process of becoming a remote partner isn't much different from the traditional path — but it may take a little extra effort.
A recent poll from Rightworks has found that 73% of accountants are not using AI and 35% have no plans to do so in the future.
Top 25 firm Marcum has released a new AI tool called AskMarcum.ai, which has been in development for 18 months and is already being used by its professionals.
Plus, DataSnipper releases new suites for cloud collaboration, data extraction; and other accounting tech updates.