BCoAuthor

Why organizations investing in AI still struggle to translate adoption into measurable business value

Organizations have largely moved beyond debating whether AI should be integrated into their operations. Employees are using AI. Teams are testing use cases. Organizations are investing in copilots, AI platforms, and training programs. Yet many leaders are still asking the same question:

“Why are some organizations seeing measurable value while others are still struggling to move beyond experimentation?”

The challenge is not lack of interest in AI. It is the growing gap between adoption and operational integration. In BDO’s Techtonic States Chapter 2 report, Build Your Business Edge, 42% of organizations reported that their infrastructure still requires modernization to support AI and emerging technologies. While technology readiness remains a challenge, operational complexity, fragmented processes, and disconnected systems continue to […]

Family offices play a pivotal role for multigenerational wealthy families, often serving as the central hub for financial management, estate planning, and family governance. However, even the best-intentioned family offices can encounter pitfalls that could derail their long-term success. This article explores 10 common ways family offices can go off track and offers insights into how these issues can be addressed. While this is by no means a comprehensive list, each topic should encourage further communication and planning within families and the family office team members that support them.

This article focuses on midsized, privately held family offices that primarily serve lifestyle management and wealth preservation functions for one or a few generations. These family offices typically manage private capital across a mix of assets—often including real estate, operating businesses, and […]

Upon filing 2025 federal income tax returns, some individual taxpayers have received IRS Notice CP53E demanding that they provide bank account information to receive a refund of overpaid tax. In a number of cases, these notices have been issued even when the taxpayer did not request a refund, raising concerns that fraudulent third-party notices may be circulating with the sole purpose of stealing taxpayers’ financial information.

Notice CP53E is an official IRS notice sent when the agency cannot issue a refund by direct deposit because:

• A taxpayer did not provide bank account information or provided incorrect details;
• The bank rejected the deposit; or
• The taxpayer’s account could not be validated.

The notice requires the taxpayer to add or update their bank account information through their IRS online account within 30 days from the […]