Avalara acquires Transaction Tax Resources for $377M

The tax content provider adds a high-powered customer list to Avalara.

Avalara acquires Transaction Tax Resources for 7M


IESBA revises code of ethics for accountants’ societal role and mindset

The board’s revisions emphasize the trust that the public places in accounting professionals.

IESBA revises code of ethics for accountants’ societal role and mindset


Art of Accounting: Advising clients on selling or buying a business

About three years ago I was helping a client sell his business in what was a pretty typical negotiation for me. However, the client exhibited apprehension almost every step of the way.

Art of Accounting: Advising clients on selling or buying a business


BlackLine acquires European AR software provider Rimilia

This buy adds a significant new offering area to BlackLine’s portfolio, which till now has focused on financial close automation.

BlackLine acquires European AR software provider Rimilia


Three keys to creating remote team chemistry

One of the great challenges of working remotely is replicating the interactions and relationships that develop naturally in a physical office.

Three keys to creating remote team chemistry


Tech mogul’s secrecy crumbles in IRS chase of ‘record’ trove

Robert T. Brockman was just putting the finishing touches on a new private equity fund when worrisome news arrived. Law enforcement agents had raided the home of a tax lawyer in Texas who had worked for him.

Tech mogul’s secrecy crumbles in IRS chase of ‘record’ trove


AICPA issues standard on performing examination engagements

The American Institute of CPAs’ Auditing Standards Board issued an attestation standard for when auditors perform examination engagements with clients.

AICPA issues standard on performing examination engagements


IRS cuts entertainment tax break Trump now favors, amid virus

The Internal Revenue Service issued guidelines Wednesday scaling back a tax break for client entertainment, following through on an element of President Donald Trump’s 2017 tax overhaul that he has said he wants to reverse amid the virus pandemic.

IRS cuts entertainment tax break Trump now favors, amid virus


PCAOB prohibits Marcum from doing China audits

The Public Company Accounting Oversight Board imposed a $250,000 penalty on Marcum LLP and its Marcum Bernstein Pinchuk unit over audits of Chinese companies.

PCAOB prohibits Marcum from doing China audits


IRS finalizes regulations for ABLE accounts

The Internal Revenue Service published final regulations for Achieving a Better Life Experience, or ABLE, accounts for disabled Americans.

IRS finalizes regulations for ABLE accounts