For a limited time, businesses can fix incorrect Employee Retention Credit claims without penalties or interest.
Category: NYT Accounting News
Tech news: Sage Intaact touts enhanced features for global market
Sage Intaact touts enhanced features for global market; Certinia’s Summer 2024 release focuses on efficiency; Korean payments company SentBe goes global; and other accounting tech news.
Tax Fraud Blotter: In the gutter
Host of problems; comp it; plan to fail; and other highlights of recent tax cases.
Xero’s JAX said to tame gen AI hallucinations
Diya Jolly, chief product and technology officer with Xero, touted its proprietary gen AI assistant JAX, which she said controls hallucinations for enhanced accuracy.
PCAOB sees audit deficiencies level off at largest firms, but problems remain
A new set of inspection reports of the most frequently inspected firms has been released earlier than usual.
America’s hydrogen-fueled future stalls over tax credits
Two years after a landmark climate law promised to kick-start green hydrogen production with tax credits, companies still don’t know who will qualify.
Is the ‘Trusted Advisor’ a thing of the past?
Gary Shamis traces the evolution of the “Transactional CPA” firm.
Xero announces new features on bank recs, compliance, payments
Diya Jolly, Xero’s chief product and technology officer, announced several new products and enhancements for bank reconciliations, payments, compliance and more.
Xero to focus on accounting, payroll, payments in US, UK and Australia
Sukhinder Singh Cassidy, CEO of Xero, outlined her “Win On Purpose” strategy, which involves a focus on accounting, payments and payroll in the US, UK and Australian markets.
Quality advisory doubles the acquisition probability for startups
Accountants play a crucial role in guiding our clients through some of their most stressful moments — the challenges of growth and the complexities of the acquisition process.