For years, when a small business or advisor hit a workflow problem, the answer was to find an app that solved it or live with a workaround. Building a solution was often costly, and required a developer to bring the app to life. Today, greater accessibility and popularity of AI and LLM custom coding tools …
The IRS has created a new Office of Conservation Easements and plans to change the process for settling disputed claims for the lucrative tax breaks.
The Internal Revenue Service has updated the questions and answers in its fact sheet on the new overtime deduction under the One Big Beautiful Bill Act, now known as the Working Families Tax Cuts.
Latham, New York-based BST & Co. and South Burlington, Vermont-based Gallagher, Flynn & Co. completed a merger.
Proposed regulations would prohibit undocumented immigrants from receiving much of the money from refundable tax credits such as the EITC, CTC and AOTC.
The Top 25 Firm acquired Trace Advisory in Ridgeland, Mississippi, expanding its ability to serve government entities and public-sector organizations.
The impact AI can have for small business financial management is no longer something we’re pointing to on the horizon. It’s here, and it’s already reshaping how small businesses and their advisors work every day. Last month at Xerocon London, we introduced several AI innovations delivering automated workflows and actionable insights to 5 million customers around …
Xerocon Denver 2026: AI-powered workflows for small businesses and accountants Read More »
Managing a small business means keeping track of many moving parts. When payments, payroll or expenses sit across different systems, owners and their advisors often spend valuable time moving between tools and piecing together the full financial picture and keeping their books clean. At Xerocon US, we announced a series of capabilities designed to help …
Xerocon Denver: One AI-powered platform for accounting, payments & payroll Read More »
The Financial Accounting Foundation named Hillary Salo as the next chair of the Financial Accounting Standards Board, starting July 1, 2027.
With recent changes to tax law, non-grantor trusts have become attractive vehicles for gaining tax efficiencies, such as when making charitable contributions.