Cloud AP/AR company Lockstep closes $10M in Series A funding

“We founded Lockstep on the belief that accounting deserves better tools to keep their books in sync with trading partners,” said co-founder Peter Horadan.

Cloud AP/AR company Lockstep closes M in Series A funding


Democrats look to head off surprise tax bills for the jobless

Democrats are pushing a tax cut that would benefit individuals who lost their jobs in 2020 and may be in for a surprise tax bill this spring.

Democrats look to head off surprise tax bills for the jobless


Investigating alternatives: Understanding the needs of high-net-worth investors

Many HNW investors are underwhelmed with the offerings of the average financial planning firm.

Investigating alternatives: Understanding the needs of high-net-worth investors


In the blogs: That’s a big 1040

Fun and Gamestop; SECURE and taxable inheritances; over-communication; and other highlights from our favorite tax bloggers.

In the blogs: That’s a big 1040


AICPA seeks minority students for 2021 George Willie Scholarship program

The annual program provides up to $10,000 and an internship to 10 diverse accounting students pursuing the CPA license.

AICPA seeks minority students for 2021 George Willie Scholarship program


Germany to expand financial watchdog’s powers after Wirecard

Germany wants to bolster the expertise at its top financial regulator to prevent a repeat of the Wirecard scandal that exposed significant cracks in the country’s oversight.

Germany to expand financial watchdog’s powers after Wirecard


Biden stimulus may be Democrat-only despite cordial GOP meeting

President Joe Biden and congressional Democrats signaled they’re intent on a large pandemic relief bill, potentially without Republican support, even after a White House meeting with GOP senators on Monday that both sides described as productive.

Biden stimulus may be Democrat-only despite cordial GOP meeting


Baker Tilly tops Q4 SEC auditor engagements

A major merger with another Top 100 Firm put it far in the lead.

Baker Tilly tops Q4 SEC auditor engagements


Tax Strategy: CAA tax provisions affecting 2020 returns

The Consolidated Appropriations Act includes a surprising number of tax provisions, many of which had not been widely publicized until the final bill was up for a vote.

Tax Strategy: CAA tax provisions affecting 2020 returns


A year of disruption in sales tax

The changes wrought by the pandemic in ecommerce and much more will play out in the sales tax arena across 2021, according to Avalara’s Liz Armbruester.

A year of disruption in sales tax