Accounting firm Sikich has received a $250-million minority investment from Bain Capital.  It is the latest in a series of private equity investments in accounting firms.

Wolters Kluwer is introducing generative AI to its tax and accounting suite. The company has also taken steps to dramatically reduce the possibility of error—the widely talked about hallucinations.

 Revenue for Thomson Tax and Accounting rose to $328 million for the first quarter ended March 31, an increase of 16 percent of $282 million over last year’s corresponding period.