Compliance drift; adoption tax credit; distort the P&L statement; and other highlights from our favorite tax bloggers.
Day: October 20, 2026
Stout acquires agentic AI company
Accounting firm advisor Stout acquired Flightline, an agentic AI company, building out its AI-enabled workbench.
Intuit revives Credit Karma Tax as free DIY option
Intuit announced a new version of Credit Karma Tax as a way to further invest in free DIY options as its sister product TurboTax focuses on live support.
Internal audit leans more on external partners and AI
Internal audit teams are relying more on outside auditing firms and partners, according to a new report.
IRS allowed dodgy claims for car loan interest deduction
The Internal Revenue Service accepted over 470,000 electronically filed tax returns claiming $977 million in dubious deductions for automobile loan interest.