The new standard for audit confirmations would replace an interim standard that hasn't changed for two decades.

Data shows that the number of days working from home has stabilized around one-third after a dramatic spike at the start of the pandemic.

The company wants to create a refund-focused tax experience for customers, including reducing the time people need to wait for their refunds.

A recent study found that using machine learning in tax audits can significantly increase evasion detection as well as delinquent tax collection.

Wolters Kluwer said that CCH Axcess Engagement is now fully integrated with CCH Axcess Financial Prep and CCH Axcess Knowledge Coach

Plus Vic.ai raises money; Kyriba launches new receivables finance solution; and other updates from the accounting technology world.

Recent news of tax solutions leaking data to third parties like Facebook have raised concerns about how accountants can protect client privacy in the age of big data.

A bipartisan group of senators introduced a bill that would greatly expand regulation and oversight of cryptocurrencies in order to crack down on their use in money laundering.

Much of the money is going toward improving employees' technology and leadership skills.