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Plus, Bloomberg Tax and Accounting unveils new AI features; and other news from the accounting technology world.

Go Pats; on the hook; two down; and other highlights of recent tax cases.

The RSM network made five strategic acquisitions in Europe, including specialist audit and consulting firms in Austria, Denmark and France, plus a prestigious law firm in Spain.

A recent study looked at the impact of the European Union's General Data Protection Regulation and found that firms lost some value but, at the same time, suffered fewer data breaches.

The Treasury Department and the Internal Revenue Service issued final regulations Thursday to update the rules for required minimum distributions.

Expiring provisions and a misunderstanding of how tax law is made top the list of client worries, practitioners say.

The time is ripe to start implementing AI in organizations to harness its power in time for next year's busy season.

To achieve greater agility, accuracy and the foresight needed to adjust and adapt, businesses must shed the constraints of the financial close and embrace continuous accounting.

The top state takes in $7,200 in tax per capita.

Former President Trump is disavowing the conservative blueprint, which advocates for radical shifts in regulations and taxes that would reverberate in the industry.