CPA Practice

JULY 28, 2023

The digital economy has caused an incredible shift in how jurisdictions create, administer, remit and audit indirect taxes. This has been playing out in Maryland over the last few years as the state has become a national litmus test for the legality of taxing companies based on their digital advertising revenue.

Maryland 52

Maryland Tax Virginia West Virginia 52

CPA Practice

AUGUST 17, 2023

We’ve just taken a lot of these paper-based processes and digitized them, but still have to do the same work.” “ Generative AI has the potential to give us the productivity boost we’ve been looking for, especially in audit and tax.” ~ Blake Oliver, CPA. This is a time-consuming area of sales tax audits that I’d love to see AI do.”

accounting firms 98

accounting firms Account accountant accounted 98

Cherry Bekaert

JANUARY 24, 2024

In addition to the time and money a resubmission entails, regulators can impose hefty monetary penalties and legal consequences for violations of fair lending laws and regulations. In addition to examination comments regarding violations, failure to comply with HMDA requirements can have major repercussions to the financial institution.

Rhode Island 59

Rhode Island West Virginia Connecticut Virginia 59

CPA Practice

JANUARY 12, 2024

And most of the AI research work from everything I’m seeing is taking place on the legal side inside Thomson Reuters. So for example, in the audit product from Thomson, Jason Claudia, I basically started talking about how you can do PBC documents in auditing engagements to get, you know, gather the documents.

Technology 40

Technology Account accountant accounted 40