As AI Advances, XBRL Faces Fresh Questions Over Cost and Value
Investors and corporate finance chiefs hold competing views on whether a two-decade-old financial data standard still has a future — …
Firms Need to Keep Pace With Gov’t AI Adoption, Tax Pro Says
The digitalization of the economy and the acceleration of powerful artificial intelligence (AI) tools have necessitated that businesses and firms …
Amid Budget Cuts, AI Could Play Role in IRS Modernization
As the IRS gears up for the upcoming filing season and implements provisions of the new Tax Act, recent efforts …
Republicans Say AI Could Strengthen Tax Fraud Detection
A group of Republicans on the House’s taxwriting committee are pushing for an examination of how artificial intelligence can be …
Payroll Professionals Explore AI for Enhanced Documentation and Efficiency
Payroll professionals recently convened for PayrollOrg’s “Talking Payroll Chat” on July 17, 2025, to delve into the transformative potential of …
Academics: AI, Tech Can Help Close Tax Admin ‘Digital Divide’
The IRS and tax practitioners have ways to leverage artificial intelligence and other digital solutions when assisting certain low-income taxpayers …
U.S. Accounting Rulemakers Studying How Investors Use Artificial Intelligence to Consume Financial Data
The FASB and the GASB are actively monitoring the evolution of electronic financial reporting, including how investors use Artificial Intelligence …