Payroll data from Gusto finds that small businesses that use AI more tend to hire slightly more people, but this does not necessarily favor younger people in their early career, or those in heavily AI-exposed occupations.
Sage announced the latest version of its Sage Intacct solution, which now features AI agents for finance intelligence and data imports.
New York City Mayor Zohran Mamdani is proposing raising New York City’s property taxes for the first time in more than two decades.
The Bonadio Group is making greater use of artificial intelligence as AI makes further inroads in the accounting profession as well as other industries.
Taxpayers on average collected $2,290 in refunds through Feb. 6, according to IRS data.
The vast majority of professional auditors have expressed concern that AI tools, while helpful, risk undermining professional judgment and eroding the trust people have in the profession entirely.
Paying bills shouldn’t mean juggling multiple logins, spreadsheets and bank visits. Yet for many small businesses, bills, payments and accounting live in different places, making cash flow harder to track. Nearly half of invoices are paid late, 44% have been caught short by unexpected expenses, and more than a third struggle to cover what’s due …
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At Xero, we are building a future where accounting is effortless. We’re designing it to make your work easier, faster and smarter. Today, we are proud to announce that our efforts have received significant external recognition. Xero has been recognized as a Leader in the IDC MarketScape: Worldwide AI-Enabled Small Business Finance and Accounting Applications …
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The IRS can broaden the audit, and, in the wrong fact pattern, frame the issue as deliberate concealment rather than poor recordkeeping.