News
What changed at the Tax Authority, in regulation, in AI, and in the tools small businesses use. Short.
Accountant suspected of stealing from clients
A court lifted the publication ban on the suspect's details. Two parts of the case reach any business that hands its filing to a representative.
A reserve month costs the economy 68,000 shekels
The Finance Ministry's chief economist updated the cost of reserve duty. How few reservists are self-employed, and how advances set your benefit.
What AI takes from your accountant, and what stays
A new assessment splits the accounting firm's work into the half that automates and the half that needs a licensed signature.
Compensation fund filing extended to 31 December
The compensation fund extended the filing date on some indirect-damage tracks from Operation Roaring Lion. What is open, until when, and what blocks a claim.
Two invoicing systems moved into the chat window
Holdings and HoneyBook opened MCP servers that issue invoices and collect payment from a chat with Claude or ChatGPT. Where it breaks for an Israeli business.
QuickBooks adds an AI agent to chase unpaid invoices
Intuit's August 2026 update adds a Payments Agent that writes reminders and suggests late fees, and an Accounting Agent that categorises transactions.
ChatGPT dropped the message limit for free users
From 10 August 2026, unlimited text chat on a free account with GPT-5.6 Luna and a Think button. What that gives a freelancer, and what stays capped.
AI-generated receipts are now most of expense fraud
AppZen data: in 14 months, receipts generated by an image model went from zero to 70.8 percent of the fakes it caught. Why looking at the image stopped working.
An AI ran a store, fired a worker and lost $40,000
Claude managed a real San Francisco store, fired an employee for the first time and lost $38,814 of $100,000. What that says about handing an agent authority.
The voluntary disclosure window closes on 31 August
Two weeks left to file a voluntary disclosure request. By late July there were 383 requests covering some NIS 877 million, with no anonymous track.
Online VAT: daily settlement and same-day refunds
How Israel Invoice 2.0 would work: VAT due when the money arrives, daily netting against inputs, and the buyer paying VAT straight to the Authority.
A fake invoice costs the business that received it
A construction company director is under investigation over NIS 26 million in suspect invoices. Deduct input VAT from an unlawful invoice and you lose it.
Claude now watermarks the text it writes for you
Anthropic said on 11 August 2026 that new Claude models embed an invisible mark in every response. What that changes for a business writing with AI.
An AI agent cancelled someone else's booking
A harmless gym errand ended with another member's reservation deleted. What to check before handing an AI agent a password to a live system.
From 4% to 100%: AI now checks every tax return
The Authority is moving from sample checks to AI scanning of every return. The voluntary disclosure window closes on 31 August 2026.
The Tax Authority wants VAT the moment you get paid
A plan called Israel Invoice 2.0 would send VAT to the state at the time of the transaction instead of the 15th. Legislation pending, cash flow affected.