Kintsugi, a Silicon Valley-based startup that helps companies offload and automate their sales tax compliance, has raised $18 million in new funding led| TechCrunch
Thomson Reuters has agreed to acquire Casetext, a startup developing AI-powered legal workflows, for $650 million in cash.| TechCrunch
Americans will spend more than 7.9 billion hours complying with IRS tax filing and reporting requirements in 2024. This is equal to 3.8 million full-time workers doing nothing but tax return paperwork—roughly equal to the population of Los Angeles.| Tax Foundation
For businesses and corporations of all sizes, calculating taxes correctly isn’t just a matter of getting the math right—it’s vital to the health of the organization. Learn how inaccurate sales and use tax calculations can be costly and inhibit an organization’s ability to plan, grow, and adapt to changing market dynamics.| tax.thomsonreuters.com
AI is about augmentation, not wholesale replacement. While automation handles repetitive tasks, AI enhances the capabilities of tax professionals.| Tax & Accounting Blog Posts by Thomson Reuters
Using lobbying, the revolving door and “dark pattern” customer tricks, Intuit fended off the government’s attempts to make tax filing free and easy, and created its multi-billion-dollar franchise.| ProPublica