Plus, K1x launches 1099 aggregator; Ledgre announces tax assistant for rental property owners; and other accounting tech news.

Just because a company claims it keeps your client data private does not necessarily mean it's true, according to K2's Randy Johnston.

Kelli Parks of Calmwaters Cloud Accounting said client discovery and onboarding can be simplified with automated processes that don't need significant tech investments.

Intuit has created a team of artificial intelligence-powered agents for QuickBooks to help businesses and their accountants.

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.

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

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.