Tax management platform Instead is planning to offer completely free tax return preparation and filing for Forms 1040, 1041, 1120, 1120-S and 1065.

The Financial Accounting Standards Board posted an accounting standards update to improve the guidance on accounting for internal-use software costs.

Chief financial officers are no longer just a part of implementing the corporate strategy — they are playing significant roles in creating it.

More than half of tax practitioners use AI for research, but don't count out the classic search engine, which remains an essential tool for many.

Plus, top tools for your home office, the return of the in-person interview and other developments in technology this past month and how they'll impact your clients and your firm.

AI is only as good as the input it receives. If you feed it vague, biased or incomplete information, you'll get vague, biased or incomplete results.

Top 10 firm CBIZ released a new AI solution, Vertical Vector AI, developed specifically for middle-market businesses.

Taxpayers who believed cryptocurrency offered privacy now face an environment where the IRS can access their data.

The payroll solutions provider rolled out a centralized dashboard to unify payroll management across multiple clients, plus a benefits advisor for accountants.

With Microsoft aiming to end most support for Windows 10 in October, the newest version may require some stragglers to replace their old devices.

The internal audit profession has been grappling with a greater array of responsibilities beyond checking up on corporate finances, including vetting companies' cybersecurity and use of artificial intelligence.

Plus, AuditDashboard announces 8.0 release with Microsoft 365 and Copilot integration; Audit Sight releases new analytics module for insights; and other accounting tech updates.

There's wide consensus that AI will shape the future of the profession. But there's also uncertainty about what to do next, and even more so how to get there.

The fourth industrial revolution isn't just changing what accounting and finance professionals do — it's revealing how fundamentally broken professional development has become.

A significant proportion of people are following financial advice given to them by AI models, and many reported losing $100 or more.

The National Association of State Boards of Accountancy launched a CPA Mobile App, bringing key functions of the NASBA CPA Portal to mobile devices.

BlackLine, which provides automation software for accounting and finance, announced the launch of a comprehensive suite of AI capabilities called Verity.