AI in tax - Tax Columbus

Reimagining and Improving Student Education

The American Institute of Certified Public Accountants (AICPA) has submitted a formal response to the Department of Education’s Notice of Proposed Rulemaking (NPRM) concerning the "Reimagining and Improving Student Education"…

Xendoo Acquires Botkeeper’s Infinite Platform Amidst Botkeeper’s Wind-Down

Fort Lauderdale, FL-based Xendoo, a prominent provider of online bookkeeping and accounting services tailored for small businesses, has announced the acquisition of the Botkeeper Infinite platform. The financial specifics of…

Senate Finance Committee Leaders Unveil Sweeping Bipartisan Bill to Modernize IRS Operations and Enhance Taxpayer Services

WASHINGTON D.C. – In a significant move aimed at overhauling the Internal Revenue Service (IRS) and improving the taxpayer experience, leaders of the Senate Finance Committee have introduced a comprehensive,…

IRS Launches Centralized Hub for Reporting Tax Fraud, Enhancing Enforcement and Taxpayer Trust

The Internal Revenue Service (IRS) has introduced a comprehensive new web page designed to streamline the process for taxpayers to report suspected tax fraud, scams, evasion, and other illegal activities.…

AICPA Urges Treasury and IRS for Clarity on H.R. 1 Tax Provisions Affecting Individuals, Estates, and Trusts

The American Institute of CPAs (AICPA) has formally requested detailed guidance from the Department of the Treasury and the Internal Revenue Service (IRS) concerning the reporting of income taxes by…

Supreme Court Ruling on IEEPA Creates Urgent Tax Planning Opportunity for U.S. Exporters

The recent U.S. Supreme Court decision in Learning Resources, Inc. v. Trump (Case No. 24-1287), a landmark ruling that significantly reshapes the landscape of executive trade authority, has inadvertently created…

Intapp Launches Intapp Celeste, a Groundbreaking Agentic AI Platform for Professional Firms

Intapp, a leading provider of artificial intelligence systems and platforms tailored for professional firms in highly regulated industries, today unveiled Intapp Celeste, a purpose-built agentic AI platform designed to revolutionize…

Navigating the Shifting Landscape of CPA Practice: The Critical Imperative of Professional Liability Insurance in an Era of Growth and Evolving Risk

As Certified Public Accounting (CPA) firms across the nation experience robust and sustained growth, they are simultaneously confronting an increasingly complex web of risks and liabilities. This heightened exposure stems…