Category: NYT Accounting News

Ernst & Young is expanding its use of artificial intelligence to make the tax preparation process more efficient, while also recognizing its limitations.

Plus, new partners at Weaver and Gross Mendelson; a host of scholarships in Illinois; and other firm and personnel news from across the profession.

Plus, CCH Axcess adds complex document ingestion and interpretation; TaxStatus launches Planning Observations to automate discovery; and other accounting tech news and updates.

Accountants are justly proud to be the economy’s “most trusted advisor,” but if you’re doing just what you’ve always done, then that trust you’ve developed is at risk.

Red flag returns; dubious dental surgeries; high percentage of refunds; and other highlights of recent tax cases.

As the July 4 launch date nears when clients can start contributing to Trump accounts, advisors discussed pros and cons of this method to save for children.

The Internal Revenue Service’s Taxpayer Assistance Centers staff provided incorrect advice about the tax laws in nearly half the visits by inspectors.

BMSS Advisors & CPAs acquired Aviso Group, extending the Top 100 Firm’s footprint in Alabama and launching the BMSS Family of Companies.

Money flowing into President Donald Trump’s newly created accounts for children will initially be invested in a State Street Corp. exchange-traded fund.

LevitZacks and Wilson Lewis completed acquisitions, effective as of June 1, growing their footprints in their respective states.