Schellman forms new advisory board; New partnership lets Xero users send data to Caseware; Fortanix announces full disc encryption; and other accounting technology stories.
Noted; loan sharks; lowering the Boomer; and other highlights of recent tax cases.
The House Ways and Means Committee voted to advance a set of five tax-related bills, including one that would eliminate a twice-delayed requirement to report payments of at least $600 received through third-party networks like Venmo.
The IRS is pushing back payment and filing deadlines for taxpayers hit by August weather.
The Internal Revenue Service and the Treasury issued proposed regs on the Corporate Alternative Minimum Tax.
The cutbacks are a sign of further retrenchment among the Big Four firms.
Thomson Reuters unveiled its AI-powered Audit Intelligence suite, and its first solution, Audit Intelligence Analyze, to identify anomalies and generate documentation.