Encrypted data breaches don't trigger FTC's 30-day notification requirement for tax firms, but unencrypted customer info from 500+ consumers does—clarifying a common compliance misconception.
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AICPA and ex-IRS Commissioner Danny Werfel form Council on AI Risk in Tax (CART) to develop practical safeguards as AI adoption accelerates in tax compliance, administration, and advisory services.
AICPA partners with ex-IRS Commissioner Danny Werfel to establish Council on AI Tax Risk, addressing information integrity and accountability as AI adoption in tax accelerates.
AccountingWeb/ReceiptBot examines Q1 Making Tax Digital compliance issues and automation gaps UK tax practices need to resolve ahead of upcoming regulatory changes.
The Accounting Podcast discusses federal investigations into alleged KPMG insider trading via Polymarket and wire fraud charges against a tax startup founder, while debating whether poor client exp...
FreeAgent argues UK accountants relying on bridging software to bridge spreadsheet workflows for MTD tax filing face long-term inefficiency and should adopt dedicated compliance tools.