In this installment of The Fundamentals, we asked firm leaders and tech experts the basics of selecting solutions for tax preparation.

Intuit announced major upgrades to its GenOS system, bolstering its development capabilities in generative AI.

HR and payroll solutions provider Paylocity announced it has bought spend management software company Airbase for $325 million.

The state of Maryland has become the latest to sign up for the IRS Direct File program for filing season 2025, offering residents a free way to file their taxes.

The program has been used internally and is now available for non-audit clients for Pillar Two and U.S. international tax calculations.

The rapid adoption of gen AI has created opportunities for accounting firms — but also challenges.

While small businesses still primarily use accounting software to record and manage transactions, the percentage using paper actually increased

Microsoft researchers believe they have found a way to overcome the traditional challenges generative AI large language models have had with using spreadsheets.

Welcome to the era of e-commerce accounting, where digital transactions are overtaking traditional sales.

In this installment of The Fundamentals, we asked firm leaders and tech experts the basics of selecting a tax research solution.

Plus, Crowe solution streamlines financial spreading process; Patriot Software releases new payroll, compliance tools; and other accounting tech news.

Sage's new generative AI Copilot solution, set for U.S. release later this year, is meant to make powerful automation capacities more accessible.

Members of Accounting Today's Managing Partner Elite are investing in artificial intelligence for efficiency — but they're cautious about it.

Auditors face increasing challenges in evaluating how organizations estimate and report credit losses.

The IIA Internal Audit Foundation's newly released Vision 2035 project sheds light on the challenges over the next decade.

Plus Google's about-face on cookies, the gadgets you need to keep working no matter what, and seven other developments in technology this past month.

Taxbit announced it now offers comprehensive support for the new Form 1099-DA, which pertains to digital assets.

Moss Adams announced the launch of two new AI consulting teams, focused on machine learning and generative AI, who will work with clients on implementing AI solutions.

AICPA chair Carla McCall talks about how accounting firms need to work together so they can all thrive separately. 

In their quest to "fix" business banking, some startups have overlooked a critical group of users: accountants.