Accrual, a tax prep and review platform for firms that launched today with $75 million in funding, already supports every federal and state tax form, as well as the unstructured data to fill it.

Accrual is part of General Catalyst's $1.5 billion Creation fund for startups building AI tools for industries not typically first adopters of new technology.

Tax and software provider Ryan acquired Meritax Advisors, expanding its property tax capabilities.

Firms are deploying AI to automate their way out of the talent crisis — but that's just the beginning.

In accounting and financial services, the ability to scale infrastructure efficiently isn't just a technology concern, it's a business imperative.

The Top 25 Firm added Step Up Consulting to its Human Capital Management technology practice, bringing it into the UKG software ecosystem.

Accounting Today's editors pick a dozen of the best new tools for accountants.

An extremely large proportion of people trust AI with financial information and guidance, probably more than they should.

Audit AI solutions provider Fieldguide announced a $75 million Series C round.

The American Institute of CPAs introduced a new program to identify and develop the skills needed by early-career CPAs to succeed in an AI-driven market.

While still a minority, a significant percent of finance leaders have offloaded at least half of their accounting and finance workload to agentic AI tools.

Lawmakers are demanding answers about the sharing of taxpayer information with the Department of Homeland Security and Immigration and Customs Enforcement.

Plus, Melio unveils "Agent Mel" AI; Rillet announces continuous close, Brex integration, auto-booking for journal entries; and other accounting tech news and updates.

AI-guided impersonation attacks have become both more numerous and more sophisticated as the technology improves, and will likely not abate anytime soon.

Alt5 replaced its auditor last month less than three weeks after hiring it, bringing on L J Soldinger Associates as its third audit firm in under two months.

The Adopt, Test, Monitor framework can help CPA firms navigate the overwhelming AI landscape. But the landscape has shifted dramatically since it was introduced.

A recent poll found nearly half of accounting software buyers are disappointed by their purchase.

Continuing professional education platform MyCPE One has introduced a website development service designed for CPA and accounting firms.

Taxes are heavily context dependent, complex and require precise calculations. The consequences of getting them wrong are significant.

The integration of AI in tax processes can streamline invoice management, improving accuracy and freeing teams for higher-value tasks.