While it initially garnered attention for its creative applications in content and image generation, the true potential of generative AI lies in its ability to unlock new ways of thinking in the business world.

In this Vendor Spotlight, we sit down with Evan Croen, senior vice president of product at Bloomberg Tax & Accounting.

The big AI question; staff pay; sourcing nonresident income; and other highlights from our favorite tax bloggers.

Average fees increased by 4.6% from 2021 to 2022, and more auditors are using data analytics in their audits, according to a new report.

There is a distinction between traditional automation and AI that's important, especially in the context of tax management.

The American Institute of CPAs is rolling out some changes in its tax standards that will take effect in January.

Accounting technology leaders generally approve of Biden's executive order on artificial intelligence, provided the government can actually implement it.

A recent survey found that more than a third of companies have already laid off workers because AI made their positions unnecessary.

Plus, Results Software returns to original ownership; Tax Autopilot applies generative AI to federal and state tax filing; and other accounting tech news.

The accounting software giant announced a cavalcade of enhancements set for use in the upcoming tax season.