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FlexTecs, a provider of recovery audit, contract compliance and payment accuracy software and solutions, announced a strategic investment from Cohere Capital, a Boston-based private equity firm focused on investing in differentiated technology and tech-enabled services companies.  The existing leadership team will continue to lead the business, with strategic guidance and

The accounting profession is undergoing a dramatic transformation as artificial intelligence and intelligent process automation become central to daily operations. Processing Content While the promise of AI — greater efficiency, accuracy and cost savings — is well understood, the impact on accounting roles, staffing models and career paths is just

Research shows that three in four (75%) senior accountants describe tax season as “somewhat” or “extremely” stressful. It doesn’t need to be this way. Processing Content We have worked with over 1,000 businesses since 2012. I’ve found the clients with the smoothest tax seasons do four things consistently well: 1.

Timothy Fadek/Bloomberg The Internal Revenue Service has released Rev. Proc. 2026-08, which updates procedures to obtain recognition of exemption from federal income tax on a group basis for 501(c) organizations that are affiliated with and under the general supervision or control of a central organization. Processing Content It also discusses

The U.S. Department of Education said Friday it would delay involuntary collections of student loan debt by garnishing wages and seizing tax refunds. Processing Content The temporary delay will allow the department to implement major student loan repayment reforms under the One Big Beautiful Bill Act to give borrowers more

The U.S. Department of Education said Friday it would delay involuntary collections of student loan debt by garnishing wages and seizing tax refunds. Processing Content The temporary delay will allow the department to implement major student loan repayment reforms under the One Big Beautiful Bill Act to give borrowers more

Acumatica, a cloud ERP provider, announced the appointment of Jon Pollock as Chief Product Officer (CPO). In this role, Pollock will lead Acumatica’s global product management and user experience organizations, overseeing product strategy, innovation, and delivery across the company’s cloud ERP platform. He will play a key role in advancing

The House Ways and Means Committee voted unanimously to approve a bipartisan bill that would accelerate processing of tax returns by the Internal Revenue Service through the use of barcode-scanning technology. Processing Content The Barcode Automation for Revenue Collection to Organize Disbursement and Enhance (BARCODE) Efficiency Act, co-sponsored by Rep.

Baker Tilly International saw its global network of accounting firms score a record amount of total revenue for the fiscal year ending Dec. 31, 2025, growing 21.3% to $6.8 billion worldwide. Processing Content Every geographic region experienced revenue growth, with North America seen as the fastest-growing region at 37.5%, due