AI’s Latest Accounting Problem: Getting a Laugh
Artificial intelligence is pushing deeper into accounting, taking on work once reserved for junior staff, technical specialists and corporate reporting …
AI Spending Puts a New Question in Deal Talks: Expense or Investment?
Artificial intelligence is giving some baby boomer business owners one more reason to sell: They don’t want to deal with …
Tax Practitioner Warns of AI Accuracy, Privacy Risks
While AI can be a powerful tool, tax practitioners should always verify the accuracy of AI-generated output and take steps …
SaaS Bubble Gets a Reality Check as Growth Slows and AI Turns Up the Heat
The easy-money days for software-as-a-service companies are over. For years, SaaS firms had a Wall Street-ready story: customers subscribe, revenue …
XBRL Cuts AI Errors in Reading Company Filings, Study Finds
AI makes far fewer mistakes reading company filings when the information is provided in XBRL — a wonky reporting format …
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 …