AccuFund has introduced V.6.02 of the AccuFund Accounting Suite, available both on-premise and in the cloud. New tools include AccuBot, which can automate several steps within the nonprofit suite.

Canopy, which makes practice management and tax resolution software, plans to introduce a tax preparation package next summer. The Lehi, Utah-based company said its cloud-based application will integrate with its other products to provide a client tax management suite.

The Internal Revenue Service has issued proposed regulations regarding limitations on interest expense. The proposals affect some small businesses whose gross receipts are $25 million or less under provisions of the Tax Cuts and Jobs Act.