Sovos

February 9, 2021 

Sovos Appoints New COO

Global tax software provider Sovos has appointed Ruth Fornell to the newly created role of chief operations officer. Fornell comes to Sovos with extensive experience leading global teams, most recently as a general manager at payment systems company ...

 Some Tax Pros Want an Extension of the Tax Year

February 9, 2021 

Some Tax Pros Want an Extension of the Tax Year

Last year, with the U.S. facing the then-new COVID-19 pandemic and its effects on government, businesses and individuals, the IRS pushed the tax deadline from the usual date of April 15 until July 15. But that was 2020.

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February 9, 2021 

AICPA Applauds Taxpayer Relief in Mobile Workforce Amendment

During votes last week on amendments to S. Con Res 5, the Fiscal Year (FY) 2021 budget resolution in the U.S. Senate, an amendment, introduced by Senator John Thune (R-SD) and supported by Senator Sherrod Brown (D-OH), reflected bipartisan legislation...

 Nonprofits Prove Resiliency During Covid

February 9, 2021 

Nonprofits Prove Resiliency During Covid

Nonprofits proved to be resilient despite the unprecedented challenges posed by the COVID-19 pandemic, according to the latest Nonprofit Pulse survey of nonprofit leaders and executives conducted by leading accounting, tax and advisory firm ...

 Working with a Tax Pro is Even More Important in 2021

February 8, 2021 

Working with a Tax Pro is Even More Important in 2021

Working with a trained tax expert can net many benefits for taxpayers, including peace of mind that their return is accurate and compliant with IRS policies. It is ultimately the taxpayer who is responsible for the information on their ...

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February 8, 2021 

Private Equity Firm Cinven to Invest in Drake Software

International private equity firm, Cinven, has agreed to make a significant investment into Drake Software (‘Drake’ or ‘the company’), a provider of software for tax preparers. Financial details of the transaction are not being disclosed.

Small Business Coronavirus 2

February 8, 2021 

58% of Minority Businesses Can’t Afford February Rent

Across the board, rent problems have escalated in February among many groups and sectors, despite the promise of the new PPP. Minorities, women, and small business owners in 15 different industries have reported increased difficulty in paying their rent.

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February 8, 2021 

How to Build an Entrepreneurial Sales Team

The front lines that your sales team steps into has never been more challenging. Hustling for business no longer means spending longer hours and perfecting the process. Cutting through the noise and clutter requires adopting the posture, mindset, and ...