Embracing AI creates opportunities for mid-market accounting teams

The perpetually-discussed technology has been promised to solve just about every problem facing modern man, from eliminating traffic on the roads, to curing diseases.

AICPA Foundation awards 2019 Minority Doctoral Fellowships

The American Institute of CPAs Foundation granted $12K fellowships to minority doctoral students in an effort to boost the number of minority educators in accounting programs.

Deloitte drafts AI into the back office, and other tech stories you may have missed

‘Wiped’ hard drives aren’t so clean, the new WiFi is coming, and eight other things that happened in technology this past month and how they’ll impact your clients and your firm.

In the blogs: Mind the gap

Taxes in retirement; problems with plateauing; savings ahead for filers; and other highlights from our favorite tax bloggers.

Thomson Reuters releases Checkpoint product for prep, comp and review

Thomson Reuters has released Checkpoint Engage PCR, a new product in its Checkpoint suite of research and guidance products for tax and accounting.

Fresh ideas on taxing the cloud

At long last, the IRS proposes new regs on cloud transactions.

IRS adds new payment option to private debt collection program

The service is offering a direct debit payment option to allow taxpayers to pay off their tax debts.

KatzAbosch adds Medical Business Advisors

The Regional Leader firm based in Timonium, Maryland, has brought in Maureen McCarthy and her health care consulting firm as part of the KatzAbosch Medical Practice Service Group.

Pension and OPEB costs weigh on government balance sheets

The 50 states have accumulated a combined $1.5 trillion in debt related to pension and other post-employment benefits, while elected officials claimed balanced budgets.

IRS offers LIBOR transition relief for taxpayers

The Treasury Department and the Internal Revenue Service issued proposed regulations Tuesday to help taxpayers avoid negative tax consequences in the transition away from the London Interbank Offered Rate and other interbank rates to newer reference rates.