A group of lawmakers has urged the IRS to drop the mandate to follow stringent ID.me standards.

Confidence in generative AI has soared among financial operations and tax professionals in just one year.

A survey of internal audit and IT leaders found that while they identity AI as a growing technology risk, they have the least confidence in their ability to evaluate and handle its risks versus other technologies.

Companies increasingly expect their audit firms to leverage artificial intelligence to aid the audit process, according to a new survey from BDO.

Communications between you and your clients can contain sensitive information that neither of you would want distributed to others.

Bloomberg Tax and Accounting has launched its Innovation Studio, which offers select customers access to solutions still in development, and its first offering is a new AI Assistant feature.

Plus, Sovos launches Indirect Tax Suite for SAP; Avalara launches AI-based tariff classification code solution; and other accounting tech news.

Accounting solutions provider FreshBooks will be laying off roughly 20% of its staff across all teams, and at all levels around the world.

Crowe announced a major expansion of its Artificial Intelligence Center of Excellence, effectively doubling its size through the addition of three newly established teams fully dedicated to AI pursuits.