Tech news: Bill touts high-yield cash accounts
Plus, Coupa adds more than 100 platform enhancements; iDenfy announces AI-generated KYB report feature; and other accounting tech news and updates.
AICPA calls for all IRS employees to keep working during shutdown
The American Institute of CPAs is urging the federal government to keep all Internal Revenue Service employees working for the duration of the shutdown.
Volunteers needed for no-cost tax prep for coming season
The IRS is looking for help for its VITA and TCE programs — no tax experience required!
Tax Fraud Blotter: Plenty scared now
Loan wolf; collection plate; Tony who?; and other highlights of recent tax cases.
Sorren adds Healthworks
Private equity-backed firm Sorren acquired Healthworks, a healthcare consulting firm specializing in healthcare disputes and arbitration hearings.
DualEntry raises $90M Series A for AI-native ERP
ERP company DualEntry announced $90 million in Series A funding from Lightspeed, Khosla Ventures and GV in order to support its AI-native ERP system.
Denmark loses lawsuit over tax dividend scandal
The decision is a blow to the efforts of the Danish tax agency, known as Skat, to $1.9 billion it said it lost to hedge funds and traders.
In the blogs: Like it is
Getting started on our next shutdown; bleeding tax lawyers; who really levies tariffs?; and other highlights from our favorite tax bloggers.
Corporate tax exemption boosts Strategy Inc. stock
Under interim IRS guidance issued Tuesday, corporations can disregard unrealized gains and losses on their digital assets when determining whether they are subject to the AMT.
IRS tweaks post-appeals mediation
The Internal Revenue Service’s Independent Office of Appeals launched a two-year pilot program designed to increase taxpayers’ awareness and use of PAM.