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AI-driven firms fail to mention that if their AI-generated tax advice results in an audit, their customers, not the firms themselves, are held legally liable.
June 27W. Paul Mattox, CPA -
Plus, K1x launches 1099 aggregator; Ledgre announces tax assistant for rental property owners; and other accounting tech news.
June 27 -
Effort to eliminate regulations on short-barreled rifles, short-barreled shotguns and silencers hit a roadblock with the Senate parliamentarian.
June 27 -
The Pennsylvania Legislature passed a bill that establishes an additional path to CPA licensure, and it awaits Gov. Josh Shapiro's signature.
June 27 -
Just because a company claims it keeps your client data private does not necessarily mean it's true, according to K2's Randy Johnston.
June 26 -
Another Naughty list; a couple of sharks; Miami vice; and other highlights of recent tax cases.
June 26 -
Kelli Parks of Calmwaters Cloud Accounting said client discovery and onboarding can be simplified with automated processes that don't need significant tech investments.
June 26 -
A deal with G-7 allies will exclude U.S. companies from some taxes imposed by other countries in exchange for removing Section 899 from Trump's tax bill.
June 26 -
The Securities and Exchange Commission is taking initial steps on overhauling rules governing disclosures of executive compensation, including bonus clawbacks.
June 26 -
Intuit has created a team of artificial intelligence-powered agents for QuickBooks to help businesses and their accountants.
June 26