News (1877)
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AICPA/CIMA Roll Out Career Launchpad
Career Launchpad, which provides insights and guidance for beginning a career in Indiana, has been launched by the AICPA and CIMA. The program requires a free student membership with the AICPA and CIMA.
BDO USA Draws $2M Fine
The Public Company Accounting Oversight Board has fined BDO USA $2 million. It also censured the firm and two audit partners over their handling of audits at AAC Holdings.
Gusto Council Spots Open
Gusto has opened applications for its Partner Advisory Council. The deadline for applications for 12 open spots on the payroll vendor's body is September 24.
IRS Freezes New ERC Claims
The Internal Revenue Service has imposed a moratorium on processing new claims for the improper Employee Retention Credit. The freeze, in place through at least the end of the year, was triggered by because of possible fraud in the flood of claims.
ADP has utilized generative Ai in its mobile app, Roll by ADP. QB Payments App Arrives
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ntuit has debuted QuickBooks Money, a payments and banking application for small businesses.
Avantax to Be Acquired
Avantax, which reaches the financial planning market through advisors, is being acquired by Cetera Financial Group. The all cash-deal, valued at about $1.2 billion, marks the end of the final piece of Blucora, which had sought to bring together tax software and financial planning.
Intuit Assist for QB Testing
A generative AI-powered financial assistant, Intuit Assist for QuickBooks users, is in beta testing. The software company said this week Assist will be “rolling out more broadly later this year”.
Read more...Xerocon Back in U.S. in 2024
Xerocon, Xero’s software conference, will return to the United States next year. The event will be held August 14 to 15 next year in Nashville, Tenn.
Firms Make Inner Circle
Five accounting firms, including two members of the Big 4, were named to the Microsoft Inner Circle for 2023. The firms selected by the software company are said to represent top 1 percent of its channel worldwide.
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Jan 23 2024
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Written by Bob Scott
Intuit used deceptive advertising in calling some of its TurboTax…
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Nov 10 2023
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Written by Bob Scott
Revenue for Thomson Reuters Tax & Accounting Professionals increased by…
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Oct 30 2023
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Written by Bob Scott
CPA.com has released a toolkit to help accounting and finance professionals…
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Jan 23 2024
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Written by Bob Scott
The Internal Revenue Service is redesigning the roughly 170 million…
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