Technology

U.S. officials will take money away from FTX victims unless a judge rejects the government’s demand for $24 billion in unpaid taxes.

The Books to Tax feature is not new to ProConnect Tax, but there are a number of new features with the new release for tax year 2023.

The case is likely to accelerate the weakening of app store rules, which have already come under fire from regulators and lawmakers around the world.

As we enter 2024, it's natural to wonder what the future holds for this transformative emerging technology, especially for accountants.

No area of the firm’s strategy has been more impacted than information technology, especially with the advent of generative AI (i.e. ChatGPT, Bard, LLaMA, etc.) which is having a significant impact on our businesses and personal lives. 

Over two days and 14 one-hour sessions, the profession's top thought leaders served on panel discussions of a variety of subject areas related to tax, accounting, practice management and ethics.

The rapid emergence of GenAI-enabled solutions was front and center for CPA.com president and CEO Erik Asgeirsson who believes the technology “presents enormous opportunities for the accounting and finance profession."

Powered by Microsoft Azure OpenAI Service, the new tool is embedded within Microsoft Teams for employee use.