Data and information management

Software giant Microsoft sounded the alarm about the rise of several new phishing campaigns taking advantage of the tax season to steal credentials and plant malware, some of which target accountants specifically.

Datarails, an FP&A solutions provider, declared FP&A software is dead and AI killed it, pairing this assessment with a new AI-driven platform.

The Internal Revenue Service has released its annual list of the 12 most dangerous tax scams, including a new long-term capital gains credit scam, bad advice on social media, and more.

The Top 50 Firm received a minority investment from Private Equity at Goldman Sachs Alternatives, expected to close at the end of Q2 2026.

Plus, Propense unveils Hatfield client service AI; Skipentry premieres with QBO data extractor tool; and other accounting tech news and updates.

For accounting firms, the evolution in cyberthreats is more than a wake-up call, it's a risk to client trust, compliance status, and long-term reputation.

Lawmakers are demanding answers about the sharing of taxpayer information with the Department of Homeland Security and Immigration and Customs Enforcement.

AI-guided impersonation attacks have become both more numerous and more sophisticated as the technology improves, and will likely not abate anytime soon.

The Treasury Department canceled $21 million in contracts, alleging the consulting firm failed to protect taxpayer data, including President Trump's tax returns.

The accounting profession is undergoing a dramatic transformation as artificial intelligence and intelligent process automation become central to daily operations.

When context is missing, accountants spend their time searching, validating and double-checking instead of analyzing and advising.

Cyberthieves use a variety of techniques, or attack vectors, to gain access to a firm's systems.

Sax LLP, a top 100 firm, concluded its investigation after a data breach in 2024 and determined that the personal data of as many as 220,000 people has been exposed.

The vast majority of finance leaders feel confident about the quality of their own data, but this might be an overconfidence as a majority still regularly find errors in their own data.

AI has made many people more efficient, productive and effective. While this includes professionals like accountants, it also includes scammers, fraudsters and cyber-criminals.

Business executives are most worried about the risks from cybersecurity and third parties, but see opportunities for growth in the next few years.

A recently released book explains a framework for improving a company's profitability.

Plus, TaxDome announces free bookkeeping hub; Qount announces UX/UI redesign; and other accounting tech updates.

While there are powerful technology solutions available to professionals today, especially AI-based ones, none will perform their best without strong data sources paired with a robust governance framework.

The One Big Beautiful Bill Act's presence, like it or not; return of beneficial ownership information; that familiar sense of dread; and other highlights from our favorite tax bloggers.