In the blogs: HIPAA HIPAA hooray
IT hygiene; final tally; movements in the U.S. dollar; and other highlights from our favorite tax bloggers.
AI is delivering tangible benefits this tax season
From spotting anomalies to enhancing accuracy to streamlining client communication, tax preparers are no longer being bogged down by operational inefficiencies.
The retirement opportunity accountants can’t afford to miss
Something big is happening in the American retirement landscape, and small businesses are right in the middle of it.
The value gap between internal succession and external transactions
When they understand their market value, accounting firms are often torn about what to do.
Evaluating AI vendors? Start with these 4 criteria
Choosing the right AI implementation partner is one of the most consequential decisions a firm will make right now, but a meaningful number of them show significant gaps in the areas that matter most to accounting firms.
Internal audit’s role in guiding AI responsibly
The internal audit function can help the enterprise pursue innovation responsibly by encouraging the development of risk management early in the AI lifecycle.
Leading adaptive transformation in the face of AI
When accounting firm leaders build guardrails, train their people and stay actively engaged, AI will become a force multiplier — not a liability.
Accounting firms need new metrics for an old model
The old measurements of leverage, utilization, margin, billing rate, and realization fall short of the new reality.
Tax Strategy: Preparing for Trump account contributions
More than 4 million children have been signed up for Trump accounts — but millions more are eligible.
Can AI pass a course in accounting ethics?
An experiment with having artificial intelligence write papers for a college accounting course reveals some of its current limitations.