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Tech news: Taxfyle rolls out AI tool for small tax pros

Accounting Today

Taxfyle rolls out TXF Intelligence for smaller practitioners Tax solutions provider Taxfyle announced the release of its new TXF Intelligence product, a generative AI tool built to automate and streamline tax return preparation for small tax and accounting firms in the U.S. All rights reserved.

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Senate Republicans plan major revisions to Trump tax bill

Accounting Today

EDT 4 Min Read Facebook Twitter LinkedIn Email Eric Lee/Bloomberg Senate Republicans intend to propose revised tax and health-care provisions to President Donald Trumps $3 trillion signature economic package this week, shrugging off condemnations of the legislation by Elon Musk as they rush to enact it before July 4. All rights reserved.

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Sales and Use Tax Updates from March

TaxConnex

The Alaska Remote Seller Sales Tax Commission has approved its “Remote Seller Sales Tax Code & Common Definitions” that would apply to local municipalities in Alaska that choose to adopt it. 594 , which would impose the Georgia sales tax on digital goods or services. Georgia lawmakers have introduced H.B.

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5 States with the Lowest Combined Business Taxes

CPA Practice

Some states have higher corporate income tax rates, while others offer lower rates or no tax at all. Additionally, examine personal income tax rates and sales tax rates, as they can affect both your business revenue and personal finances — both of which can also impact your ability to attract and retain talent.