Featured News
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Writing advanced Excel macros with ChatGPT
ChatGPT, the online chatbot widely used for testing the limitations of artificial intelligence (AI), can help automate repetitive tasks such as cleaning data.
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Providing personalized client experiences with CRM
Personal accountants and firms are turning to customer relationship management (CRM) solutions to improve their sales, efficiency and customer experiences.
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IRS warns of new unclaimed refund scam
The IRS and its Security Summit partners on Monday, July 3, warned of a new refund scam that involves the delivery of cardboard envelopes to taxpayers.
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Fed officials signal more rate hikes ahead
The Federal Reserve appears likely to raise its key interest rate next week, with minutes from the central bank’s most recent meeting showing some officials wanted to raise rates last month.
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Business owners poised to invest more in tech, survey finds
Small- and medium-sized businesses are looking to invest more in their suite of technology solutions this year than they were in 2022, a new study finds.
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IRS delays stock repurchase excise tax reporting, payment
Until the IRS issues further guidance, the agency says taxpayers are not required to report or pay the new Sec. 4501 1% excise tax on the value of corporate share repurchases.
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AICPA supports changing due dates for tax payments
The AICPA has expressed support for plans to alter the due dates for estimated tax payments, stressing the need to tie payment due dates to the normal quarter date.
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FASB aims to improve accounting for purchased financial assets
FASB is seeking comments on a proposed Accounting Standards Update intended to improve accounting for purchased financial assets.
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AICPA urges IRS to address virtual currency transactions
The AICPA is encouraging Treasury and the IRS to issue guidance on specific issues to assist taxpayers in properly reporting transactions with virtual currency.
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AI linked to new business email scams
Scammers are using artificial intelligence (AI) tools to craft well-written emails, according to a new cybersecurity report.