Tech news: Wolters Kluwer adds conversational AI
December 20, 2024
Plus, HubSync adds bevy of new enhancements; Crowe announces cyber risk analysis solution; and other accounting tech news.
Plus, HubSync adds bevy of new enhancements; Crowe announces cyber risk analysis solution; and other accounting tech news.
The IRS increased the optional standard mileage rate used to calculate the deductible costs of operating a vehicle for business to 70 cents per mile
The optional standard mileage rate for automobiles driven for business will increase 3 cents next year.
The Financial Accounting Standards Board issued an invitation to comment on whether to pursue a project on accounting for intangible assets.
Expatriate advocacy groups are applauding legislation introduced this week that would implement a residence-based taxation system for U.S. citizens living overseas.
The Financial Accounting Foundation report found the Private Company Council has been performing its duties effectively and should continue to operate.
Treasury and the IRS announced that certain portions of future regulations finalizing the proposed regulations for required minimum distributions will apply beginning in the 2026
The IRS declined to commit to expanding its Direct File free tax preparation program nationwide in response to a report from the GAO amid GOP
A delay to Jan. 1, 2026, for beneficial ownership information reporting had been included in a proposed government funding bill that has now collapsed. The
Two Minnesota firms combine; Smith + Howard expands to Richmond; and more recent accounting mergers.
The Financial Accounting Foundation’s review of the council, which works with FASB to support the interests of private companies in the standard-setting process, concluded that
The Public Company Accounting Oversight Board’s 2025 budget totals $399.7 million, and the accounting support fee totals $374.9 million.
The additions bring the total number of firms that have joined the Utah-based company this year to 12.
AI accounting platform Basis’ Series A funding round included former Treasury Secretary Larry Summers and officials from Google and OpenAI.
Plus, what Excel’s CoPilot can do, the best industrial ERP solutions, and more.