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December 4, 2014 

SmartVault Gets $4.5 Million in Series B Funding

Cloud document storage and secure file sharing provider SmartVault has received $4.5M in funding backed by a group of private investors that include the founders of CyrusOne, a global colocation solutions provider servicing the Fortune 1000, ...

 IRS Allowed Up to $167 Million in Questionable Fuel Tax Credits

November 13, 2014 

IRS Allowed Up to $167 Million in Questionable Fuel Tax Credits

The Internal Revenue Service (IRS) may have allowed approximately $167.7 million in questionable fuel tax credit claims between 2011 and 2013, according to a new study released publicly today by the Treasury Inspector General for Tax Administration (TIGTA

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November 12, 2014 

Avalara Raises $100 Million in Financing

Avalara, a provider of cloud-based software for sales tax and other transactional tax compliance, has raised $100 million in a financing round from an affiliate of Warburg Pincus, a global private equity firm focused on growth investing.

Isaac M. O'Bannon

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November 7, 2014 

Thomson Reuters Urges Accounting Firms to Embrace Technology

Accounting firms elevate their relevance and provide more value to their clients by embracing technology and better aligning their services to meet the needs of today’s business owners and personal clients, a Thomson Reuters executive told 1,300 tax ...

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November 5, 2014 

Xero Acquires Monchilla to Expand Payroll Services in the U.S.

Online accounting software maker Xero has acquired Seattle-based online payroll company, Monchilla Inc. The move shows Xero’s continued commitment to the U.S. market to provide small businesses with an innovative cloud-based financial platform with ...