Tech News: American Express launches new b2b payments ... - Accounting Today

American Express launches a B2B payments ecosystem; a new service uses artificial intelligence to fill out tax returns; AvidXchange now offers cross-border payments; an E&Y tool aims at upskilling workers; and other news and updates from the accounting tech world.

The $1.7 trillion bill contains a number of accounting and tax-related provisions, though it's missing some much desired tax breaks.
The Internal Revenue Service and the Treasury Department are giving investment brokers more time to report information on transactions involving digital assets such as cryptocurrency.
The International Ethics Standards Board for Accountants is focusing more on sustainability-related issues.
The lower threshold threatened to generate millions of new forms going out to unsuspecting taxpayers and their accountants.
Plus, nominations open for Top 2023 100 ProAdvisor Awards Program; TaxBit, E&Y launch digital asset solution suite; and other tech news.
The Securities and Exchange Commission voted to approve the Public Company Accounting Oversight Board's 2023 budget and annual accounting support fee ahead of the holidays.
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