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In the world of financial advisory services, efficiency and accuracy are paramount. HIVE AI's Financial Planning Assistant emerges as a game-changer, revolutionizing the way financial professionals manage their client interactions and business operations. This...

Advancements in artificial intelligence (AI) technology have paved the way for a new era of personal financial planning. What you need to know.

Wealthmanagement.com presented an article in June of 2023 where they asked three different AI tools how AI is helping financial planners right now. They asked Google's Bard, Open AI's ChatGPT, and Microsoft Bing. They presented the answers directly how each AI...

As artificial intelligence (AI) rapidly evolves, a McKinsey study predicts that by 2030, AI could displace 15 percent of the global workforce. This leads to the question, will AI replace accountants? The release of ChatGPT, a groundbreaking language model by OpenAI,...

Annual Federal Tax Update This article is the part 4 of 4 in a series: A curated list of updates to prepare you for tax season 2023 The Internal Revenue Service (IRS) has recently implemented a significant change regarding the Employee Retention Credit (ERC), a...

Annual Federal Tax Update This article is the part 3 of 4 in a series: A curated list of updates to prepare you for tax season 2023 There are many tax credits and deductions that can help you reduce your tax liability or increase your refund. Here are some of the most...

Annual Federal Tax Update This article is the part 2 of 4 in a series: A curated list of updates to prepare you for tax season 2023 The IRS adjusts various tax-related thresholds annually for inflation. For 2023, these adjustments include changes in tax brackets,...

Annual Federal Tax Update This article is the first part in a series: A curated list of updates to prepare you for tax season 2023 As digital assets continue to gain prominence, the IRS has provided guidance to clarify the reporting and requirements for taxation of...

Artificial Intelligence (AI) has revolutionized various industries, and accounting is no exception. AI in accounting streamlines and enhances financial processes, offering a level of accuracy and efficiency previously unimaginable. Developers can train AI systems and...

The Internal Revenue Service (IRS) has announced the annual inflation adjustments for over 60 tax provisions for the tax year 2024. Notable changes include the reinstatement of the Hazardous Substance Superfund financing rate for crude oil and petroleum products...