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Moss, Krusick Associates, a firm based in Winter Park, Florida, has added Hayes Varga CPAs, a firm based in Orlando, effective Nov. 1. As part of the deal, Hayes Varga partners Richard Hayes and Renee Varga will be joining the MKA team which now includes 10 partners and 70 staff members, making MKA into one […]
Accenture has introduced a “compliance as a service” (CaaS) offering for financial institutions, fintech and technology companies to combat financial crime and remain compliant with current regulations. Accenture estimates that financial services firms globally will spend 4 percent of total revenues, on average, on compliance-related activities, with that figure expected to rise to 10 percent […]
Dixon Hughes Goodman LLP, a Top 20 firm based in Charlotte, North Carolina, is expanding in the Washington, D.C., area by adding RyanSharkey, a firm based in Vienna, Virginia, effective Dec. 1, 2019. As part of the deal, RyanSharkey’s 50 staff members, including 10 partners and managing directors, will be joining DHG’s more than 2,300 […]
SurePrep, which makes tax automation software for the professional tax return preparation market, has received a “significant minority investment” from Bregal Sagemount, a growth-focused private capital firm. Financial terms of the investment were not disclosed. Tax automation software is becoming an increasingly attractive investment, with the current administration’s overhaul of tax law, as well as […]
It’s always exciting to start working with a new client. You’ve got a clean slate, high expectations and unlimited potential. But how do you establish yourself from day one as your new client’s most trusted advisor instead of just their tax preparer? It all starts with the client onboarding process. Before bringing in your next […]
Teased at this year’s QuickBooks Connect conference in San Jose, Intuit has now released new artificial intelligence-enabled tools for QuickBooks Online Advanced, Intuit’s offering for more complex and growing small and mid-sized businesses. “Intuit introduced QuickBooks Online Advanced last year to disrupt and transform the small business mid-market by providing innovative tools that solve the […]
Canopy Tax debuted a professional tax preparation product in June of this year. This week, the company abruptly shut down the product and told customers it would no longer support Tax Prep for the 2019 tax season. Canopy Tax is going through extensive changes. Over the past year, the Lehi, Utah-based company laid off approximately […]
The Internal Revenue Service and the Treasury Department issued final regulations Friday confirming that individuals who take advantage of the increased gift and estate tax exclusion amounts that are in effect from 2018 to 2025 under the Tax Cuts and Jobs Act won’t be adversely affected after 2025 when the exclusion amount is scheduled to […]
Payment app Veem now offers locked exchange rates, which means businesses can budget for a payment in a foreign currency knowing the exact exchange rate for up to 92 days in advance. When Veem came on the scene, it was easy to bill them as just another payments app. In reality, they have made achievements […]
Not to worry; oh, brother; Crown and out; and other highlights of recent tax cases. Inglewood, California: Preparer and ex-state Franchise Tax Board employee Cubby Wayne Williams, 64, of Alhambra, California, has been found guilty of federal criminal charges accusing him of defrauding the IRS out of millions by declaring bogus withholdings used to fraudulently […]
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