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Plus, Genius Scan introduces new expense reporting capacities; Xero to retire WorkflowMax; and other news from the accounting technology arena.

It's slow to establish, but can be destroyed in an instant. When it's not present there is friction and chaos. But where trust is present, magic happens.

Slowly but surely, more private businesses are adopting the new standard as they face demands to put their operating leases on their balance sheets.

The IRS proposed new rules on non-fungible tokens this week, and accounting professionals in the space see the agency starting to get serious about these assets.

Final salute; Patriot game; books by their covers; and other highlights of recent tax cases.

Does AI pose a menacing threat by replacing talented people with opaque processes and questionable reliability?

The service's Criminal Investigation unit investigated 975 tax and money laundering cases related to COVID-19 with fraud totaling $3.2 billion.

The Financial Accounting Standards Board released its first ever proposed cryptocurrency standard.

Overall new client additions — and departures — continue to rise, thanks to M&A.

It's vital to take a personalized approach to each business to understand their circumstances, help determine whether they're eligible for Disaster ERCs, and accurately calculate potential credits.