Without breaking the bank, small and midsized firms can make smart investments to adopt AI and tailor it for specific uses.

A recently introduced bill would, if passed, require the IRS to add scannable bar codes to electronically prepared paper returns, to encourage process efficiency.

Plus, Prismatic launches multi-entity business solution with blockchain-like technology; and other accounting technology updates.

As nonprofits work to combat the accounting and staff shortage, finding ways to increase efficiency is a top focus.

The Internal Revenue Service showed off its upcoming Direct File free tax preparation service ahead of its pilot test in a dozen states starting in March.

The Treasury Inspector General for Tax Administration faulted the IRS's cloud computing governance, saying it outright cannot find certain contracts.

Recent research from the Federal Reserve Bank of San Francisco says that working from home has little relationship with productivity, either positive or negative.

A client resource hub is a dedicated section of your website that serves as an easy-to-skim central repository of information for your clients.

The Financial Accounting Foundation has overhauled the website for the Financial Accounting Standards Board, with new websites in the works for the Governmental Accounting Standards Board and the FAF itself in the weeks ahead.

Leveraging the benefits of generative AI has the potential to improve the workplace experiences of finance professionals.

The Federal Trade Commission issued an order forbidding Intuit from describing its TurboTax software as free in any of its promotional materials unless the product is free for everyone.

if you still have data processes that involve downloading data from one system, messing around with it in Excel, then uploading it into another system, you should be automating that before all else.

Plus, ZenBusiness announces new beneficial ownership filing capacities; and other accounting technology news.

If CFOs, controllers and other finance leaders implement a handful of straightforward best practices before, during and after an audit, they can maximize efficiency and insight for everyone involved.

The accounting software, Horizon, had issues such as a loss of data, which meant payments and receipts didn't balance.

Accountants, resellers and others need to be able to make the case for artificial intelligence to their clients.

The accounting profession is undergoing significant changes due to the rise of artificial intelligence and automation.

Tech giant Intuit has filed suit against H&R Block, accusing the tax prep giant of making false and misleading statements regarding prices.

Citrin Cooperman, a Top 25 Firm in New York, has acquired Mibar, a business software consulting firm also located in New York.

Glitches in the Japanese technology titan's Horizon software led to hundreds of local U.K. sub-postmasters being wrongly convicted of theft and false accounting.