Tax automation solutions provider Avalara announced Hugo Sarrazin as its new CEO, replacing Scott McFarlane, who will become an advisor to the company.
Category: NYT Accounting News
Tax Fraud Blotter: Drinking and draining
Flat-out invented; 500 months; diverted income; and other highlights of recent tax cases.
PCAOB forms Inspections Modernization Council
The Public Company Accounting Oversight Board is forming a new advisory body called the Inspections Modernization Council — and it is looking for experts to apply.
Treasury unveils Trump accounts app
The Treasury Department introduced a mobile app enabling families to access Trump accounts, the new tax-deferred accounts for children born after Jan. 1, 2025.
Tax transformation: The gateway to finance excellence
Postponing tax integration leads to misaligned systems, expensive retrofitting projects, and a failure to optimize cash flow and reduce enterprise risk.
Tax season damages accountants: Survey
Most accountants came out of tax season measurably damaged, according to a new index.
Black Ore spotlights tax and AI at Nasdaq
AI tax startup Black Ore hosted a series of discussions on the growing role of AI in making tax preparation and planning more efficient.
Scaling finance amid skill gaps
CFOs are pushing aggressively to digitize finance, but finding talent shortages and skill deficits — not technology — are now the biggest barriers to progress.
Poor data governance not just embarrassing, it’s expensive
While leaders express confidence in their own data to fuel their AI initiatives, they have also experienced material financial losses due to poor data governance, but this has not blunted efforts to implement AI.
DeSantis proposes axing taxes on most primary homes in Florida
The governor proposed to lift the exemption on homesteaded properties to $250,000, which would fully eliminate property taxes for 60% of Floridians.