South Korea's online local tax system, including WeTax and Gov24, was normalized Wednesday after a 12-hour disruption caused by a data traffic surge during a system update for new local governments. The interior ministry extended tax filing deadlines to Friday.
South Korea's local tax services, including WeTax and Gov24, experienced partial outages due to technical issues affecting the Standard Local Tax System during an update for newly elected local governments. The interior ministry extended tax filing deadlines to Friday, with potential for further extensions.
Intuit's stock has fallen 51% in 2026 due to AI competition, with Goldman Sachs downgrading the stock and warning of market share loss. The company is doubling down on AI despite cutting 17% of its workforce.
Major accounting firms in India are rapidly adopting AI for tax services, automating routine tasks and research. This shift is boosting efficiency, changing traditional consulting models, and leading to significant growth in AI query volumes.
