Commercial banking

Regardless of how a firm ultimately implements artificial intelligence, Kim Petro, a practice advancement coach from Woodard, stressed the importance of doing so ethically.

Speakers at Woodard's Scaling New Heights conference in Orlando noted that while AI certainly can be complicated, even simple applications can have impressive results.

Accounting platform Digits announced the launch of Digits Accounting Agents, which CEO Jeff Seibert said can outperform humans in terms of accuracy and speed.

Cutbacks at the Internal Revenue Service portend difficult tax seasons ahead, Taxpayer Advocate Erin Collins reported to Congress.

The Top 50 Firm is taking aim at the growing problem of elder financial abuse by helping protect clients.

Cloud accounting platform Xero announced it will acquire payments solution provider Melio.

The Top 50 Firm in St. Louis is expanding its presence in the Nashville market.

Vance Ginn is president of Ginn Economic Consulting, host of the Let People Prosper Show, and formerly chief economist of the first Trump White House's Office of Management and Budget from June 2019 to May 2020. He holds a doctorate in economics.

Top 100 Firm Prager Metis CPAs partnered with Kearns Technology Inc. to launch a digital solutions company called PM IT Services.

While much attention has been paid to artificial intelligence in audit, bookkeeping and reporting, one of the most overlooked opportunities lies in tax credits and incentives.