IRS to Review High Audit Rates for Black Taxpayers
The current climate regarding artificial intelligence and bias has been a hot topic for debate. It seems Black taxpayers are unfairly being targeted in a largely automated pro... Camari Ellis, EA
Ethical Concerns in Using Tax Planning Software
What Are My Ethical Responsibilities When I Use Software to Produce a Tax Plan? In the world of taxes, there are many ethical issues that can come into play. One area that involves judgment and expertise is when it come... Dominique Molina
What Is Tax Technology?
There is a sea change happening in the tax industry: Where the focus was once on compliance, it is now about value—ensuring fair taxes are being paid, managing tax risk, evaluating the tax consequences of business activities, and more. Underlying this shift to a more... Brandon Van Volkenburgh
The Elephant in the Room: Human Errors and Tax Notices
Humans make mistakes – it is a fact. And it is also the one thing that all tax preparers have in common. Transposition errors, excluding important numbers, forgetting to check a box, or duplicating an entry – all of these mistakes are prevalent in the ind... Patrick (Pat) Roberts, CPA
Adapting Accounting Ethics to New Technology
The International Ethics Standards Board for Accountants (IESBA) recently restructured and revised its Code of Ethics for Professional Accountants. While the IESBA Code is not specifically geared toward management accounting and finance professionals, it d... Daniel Butcher