Artificial Intelligence & the Accounting Industry: Improve Accuracy and Information Processing

Artificial intelligence (AI) is already being put to use in quantum computing, highway driving, and hospitality customer interactions—and it will be coming soon to an accounting firm near you. Get ready for AI to radically change white collar jobs—including those held by accountants, auditors, and controllers. Accounts payable expert Mary S. Schaeffer puts AI...

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IRS Enforcement Trends Toward Increased Practitioner Accountability

The IRS has undergone dramatic budget cuts in recent years, and this has and will continue to affect IRS examination and collection procedures, and enforcement actions. Tax practitioners, CPAs, EAs and anyone involved in taxpayer advocacy services must ensure they understand how these budget cuts will affect everything from enforcement actions to identity theft,...

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