#accounting

Digits pioneers outcome-based pricing for accounting firms! AI-powered platform aligns costs with results. Learn how this innovative model impacts fintech and a

EY deploys agentic AI for assurance globally. Learn how this tech impacts audit efficiency, risk management, and the future of accounting.

NIST's updated password guidelines require accounting firms to rethink security. Simplify password management & protect client data. Learn more now!

Daylit deploys AI agents that autonomously manage AR collections — writing personalized dunning messages, negotiating payment plans, and escalating delinquencies.

PCAOB opens public comment on 2027-2031 strategic plan — with AI in auditing, crypto asset assurance, and continuous audit methodology as top-priority focus areas.

DOL proposes rule allowing 401(k) plans to offer crypto as investment options — reversing 2022 guidance and creating the largest regulated crypto investment channel in history.

Virtual cards are displacing paper checks in B2B payments — offering SMBs instant issuance, per-transaction controls, 1.5-2% cashback, and real-time reconciliation versus check's zero benefits.

Dext's Time Spent feature tracks team productivity per client and task type, revealing that firms lose 30% of billable capacity to untracked administrative work.

IRS filing season data shows $3,571 average refund (+4.2% YoY) with 78M returns processed. E-file rate hits 94%. Direct File usage triples year-over-year.

FinCEN's expanded BSA/AML expectations now reach accounting firms directly. New beneficial ownership rules and CTA enforcement create compliance obligations CPAs can't ignore.

MindBridge launches API developer portal enabling accounting firms and enterprises to embed AI-powered anomaly detection directly into ERP and GL systems for continuous audit.

Top-100 firm Sax LLP acquires NYC-based CoMetrics Partners — adding fintech advisory, fractional CFO services, and $180M in client AUM to its technology-focused practice.

Tether hires KPMG for its first full financial audit — a landmark transparency move that could unlock institutional adoption and regulatory acceptance for the world's largest stablecoin issuer.

Xero integrates Anthropic's Claude AI! Discover how this multiyear deal revolutionizes accounting workflows, automation, and bookkeeping for professionals.

Extend's virtual card platform now integrates with Sage Intacct, Xero, and Dynamics 365 — enabling mid-market companies to issue and reconcile cards within their ERP.

Accounting job postings requiring AI skills surged 67% year-over-year. Data analysis, prompt engineering, and ML fluency now expected at all levels.

Inspector General finds IRS overstated Direct File costs by $45M — allocating shared infrastructure expenses to make the free filing program appear less efficient.

TaxGPT launches an AI agent that autonomously researches tax law, drafts positions, prepares forms, and reviews returns — reducing tax preparation time by 65% for complex returns.

Dext AI Assist automates GL coding, supplier matching, and expense categorization — handling 85% of routine bookkeeping decisions without human intervention.

1.3 million Americans have unclaimed 2022 tax refunds averaging $686 each. The April 15, 2026 deadline to file is the absolute last chance before forfeit.

Xero acquires Melio CEO Matan Bar to lead U.S. operations — signaling aggressive SMB payments push that combines Xero's accounting with Melio's AP/AR automation.

Remitian raises $7M to scale its tax payment API — enabling accounting software, payroll platforms, and ERPs to embed direct-to-IRS/state tax payments without building government integrations.

PCAOB launches fellowship placing Big Four and mid-market auditors inside the regulator for 12-month rotations — bridging the knowledge gap between inspection teams and modern audit practice.

AICPA pushes IRS for clarity on Section 45S paid leave credit after OBBBA changes. Employers face compliance gaps without updated guidance.

76% of SMBs now use AI tools but only 23% report meaningful productivity gains — the gap driven by inadequate training, poor tool selection, and lack of workflow integration support.

U.S. businesses and individuals face 11.6 billion hours annually on 10,000+ federal forms. The compliance burden equals $450B in economic cost.

SEC drafts proposal allowing public companies to report semi-annually instead of quarterly — reducing compliance costs 40% but raising concerns about market transparency and information gaps.

Visa and Fiserv integrate payment acceptance APIs to give merchants a unified platform for in-store, online, and mobile payments with real-time analytics and same-day funding.

Class action accuses Costco of padding margins under cover of tariff increases. Lawsuit tests whether retailers can pass through costs above actual tariff impact.

US job openings surged to 6.95M in January! Layoffs fell, signaling a robust labor market. Key insights for fintech & accounting pros. Stay ahead!

Amazon moves Prime Day to June, compressing Q2 revenue cycles. E-commerce sellers and accountants must adjust cash flow planning and tax estimates.

Cryptio raises $45M Series B to scale its crypto accounting platform serving 200+ institutional clients. Addresses the $4B digital asset compliance gap.

IRS updates its Tax Withholding Estimator for OBBBA provisions — including new brackets, expanded CTC, and increased SALT cap. Employees should recheck W-4s now.

IRS releases proposed regulations for 'Trump Accounts' — the new tax-advantaged savings vehicle created by the One Big Beautiful Bill Act with $10K annual contribution limits.

U.S. ecommerce hits 16.6% of total retail ($1.2T annually), accelerating sales tax complexity, multi-state nexus triggers, and payment processing demands.

Emburse Pay unifies AP, expense reimbursement, and vendor payments in one platform — eliminating the 3-4 disconnected systems most finance teams juggle.

Gartner forecasts 30% faster financial close by 2028 through embedded AI in cloud ERP. SAP, Oracle, and NetSuite race to automate reconciliation and reporting.

KPMG's CEO Outlook reveals a confidence paradox: 78% of CEOs are optimistic about their own company while only 42% are confident in the broader economy — the widest gap since 2008.

A practical guide for accounting firms helping clients reduce payment processing costs 25-45% and automate AR collection — the highest-ROI advisory service for SMB clients in 2026.

AICPA proposes expanding IRS First Time Abatement to cover information return penalties, estimated tax underpayments, and international filing failures.

IRS expands Taxpayer Assistance Center hours through April 30 — adding Saturday service and extended weekday hours at 360+ locations to handle OBBBA-driven volume.

AI accounting platform Auditoria posts record revenue growth with 180% ARR increase, expanding agentic finance automation to 400+ enterprise clients.

83% of CFOs prioritize month-end close automation as the highest-ROI finance AI deployment. Average close time drops from 8 days to 3.5 with full automation.

Stripe's Accounting API pushes transaction data directly into QuickBooks, Xero, and NetSuite in real-time — eliminating CSV exports and month-end reconciliation backlogs for 3M+ businesses.

Intuit unveils QuickBooks AI Assistant that automates transaction categorization, bank reconciliation, and anomaly detection — claiming 70% reduction in manual bookkeeping time for 7M+ subscribers.