Yooz Unveils Agentic AI Allocation, Expanding Line-Level Automation for Non-Purchase Order Invoices

Yooz, a prominent player in AI-powered financial platforms, has announced the launch of its latest innovation, Agentic AI Allocation. This new capability significantly enhances its line-level automation functionalities by extending…

Digits Unveils Native iPhone Duo Compatibility, Embracing New Foldable Frontier in Accounting Technology

AI-powered accounting platform Digits has announced its seamless integration with Apple’s inaugural foldable smartphone, the iPhone Duo, marking a significant step in adapting financial technology to emerging hardware innovations. This…

Navigating the Tax Landscape: Small Landlords Face Unexpected Capital Gains and Other Costs When Selling Rental Properties

Many retirees who invested in single-family rental properties decades ago as a supplement to their retirement income are now opting to sell. While the primary concern for these landlords is…

Payroll Year-End Can Expose the Problems Employers Have Been Carrying All Year, Expert Warns

While the final payroll of 2026 may still be weeks away, many of the potential pitfalls that can complicate year-end processing have likely already occurred. These seemingly minor administrative oversights—a…

Congress Eyes End-of-Year Push for Federal Film Tax Credit Amidst Industry Urgency and Fiscal Scrutiny

Washington D.C. – As the 119th Congress reconvenes following the midterm elections, lawmakers are signaling a concerted effort to bring a long-sought federal film tax credit closer to fruition. With…

Microsoft Expands Copilot for Finance with Over 25 New Skills and Partner Integrations

Microsoft announced Thursday a significant expansion of its Copilot for Finance offering, introducing more than 25 new finance-specific skills and integrating partner-built plugins. This enhancement aims to streamline financial workflows…

The Illusion of Security: Accounting Firms Face Growing Cybersecurity Gaps Despite Confidence

Despite a prevailing sense of confidence in their cybersecurity measures, a significant disconnect exists between the perception and the reality of data protection within accounting firms. New research indicates that…

AICPA Proposes Significant Modernization of SOC 2 Trust Services Criteria to Address Evolving Technology Landscape

The American Institute of CPAs (AICPA) has initiated a crucial public comment period on a proposed update to its SOC 2 Trust Services Criteria (TSC), a move poised to significantly…

Navigating the Annual Tax Season Slowdown: Five Essential Checks to Maintain Efficiency and Client Trust

The first week of February consistently heralds a familiar lament within accounting firms: "It’s so slow today." This recurring declaration, often shared through internal communication channels, marks the onset of…

California’s Billionaire Tax Debate Fuels Influencer Marketing Frenzy as Social Media Stars Enter the Political Arena

As California grapples with a groundbreaking proposal to levy a special tax on its wealthiest residents, a burgeoning army of social media influencers, spanning diverse demographics from culinary enthusiasts to…