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The goal of regulation should not be unnecessary burdens or barriers to entry. The goal should be confidence that taxpayers are receiving reliable guidance.

Paul Griggs, CEO of PwC, said they plan to adjust billing model to factor in AI, potentially without even a human professional in the loop, and added that if any humans have a problem with it they have no place in this firm.

AI can now do most of the boring work, which raises the question of what the humans will be doing. According to vendors featured during the IMA’s Technology Showcase, the answer is reviewing the work the AI does.

More than 1.2 million taxpayers only have until April 15 to claim a total of approximately $1.2 billion in refunds for tax year 2022.

Plus, EY announces new software development model; SAP touts new integrations, features for Concur; and other accounting tech news and updates.

The unit will now be renamed Threadline Wealth, backed by investment from the Cynosure Group, and have $5.8 billion in client assets under management

GI series; On the eve of redemption; telecom con; and other highlights of recent tax cases.

The Top 100 Firm acquired human resources consulting agency Soaring Bird Solutions, expanding its ability to serve tribal nations and tribal enterprises.

Finance, accounting and tax employees are feeling more threatened about their job prospects due to the rising use of artificial intelligence by employers, according to a new survey.

The yearslong lawsuit involves the investors in a defunct hedge fund who sued the auditing firm for negligence, breach of contract and breach of fiduciary duty.