Tech news: IRS Solutions launches tool to detect changes to client transcripts

Published February 16, 2024 11:08 AM

Updated February 16, 2024 11:59 AM

1 Min Read

IRS Solutions launches tool to detect changes to client transcripts; LeaseCrunch offers webinar on ASC 842 basics; and other accounting technology news.

IRS Solutions launches tool to detect changes to client IRS transcripts

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IRS Solutions Software, which makes tax software, added an IRS Advance Notice capacity that notifies accountants of changes to their client's IRS transcripts, sometimes months before a notice is sent to them by mail. This reduces the need to manually sift through complex transcripts for critical changes, and allows accountants to be more proactive in their client service offerings. After a one-time setup, users securely connect to the IRS Transcript Delivery System through a proprietary agency-approved integration, then select from a list of IRS transaction codes they want to be notified about. Weekly transcript updates are fed directly into the client's profile. The solution observes and alerts users to changes like approvals of Form 2848 (Power of Attorney and Declaration of Representative) and Form 8821 (Tax Information Authorization); impending audits; federal tax liens; installment agreement modifications; Offer in Compromise activity and passport holds.

LeaseCrunch offers webinar on ASC 842 basics

Lease accounting solutions provider LeaseCrunch will be offering a webinar titled "Lease Accounting 101: Back to ASC 842 Basics" on February 21 at 1:00 p.m. CST. The webinar will be presented by Jess Vento, senior director of accounting at LeaseCrunch, and will provide information and insights, including a breakdown of ASC 842 lease accounting; post-transition strategies related to the latest lease standards; and an understanding of lease classification, terms, payment intricacies and discount rate applications. The webinar is tailored toward CPA firm staff, accounting professionals, financial analysts and business owners seeking clarity on lease accounting. For more information, visit https://www.leasecrunch.com/lease-accounting-101-reg.

Partnerships and integrations

Small business platform Xero signed a three-year global agreement with Top 50 firm Mazars, with the firm being awarded Xero Global Partner status. The new Xero Global Partner status means Xero will be made available to Mazars member firms around the world as the firm's preferred accounting solution. … CPAmerica, Inc. announced its latest partnership with CultureID, welcoming the company as a new Preferred Provider for the association. CultureID is a research-driven diagnostic tool that helps CEOs, senior leaders and managers get a clear picture of the organization's engagement levels and overall cultural health.

Hires and appointments

Trullion, a corporate accounting software provider, announced that four new executives have joined the company's leadership group, including Bethany Hale as chief marketing officer, Scott Singerman as vice president of alliances, Dotan Tal as vice president of finance and Josh Forde as EMEA sales director. The appointments support Trullion's geographic expansion throughout the U.S. and EMEA (Europe, the Middle East and Africa). … Spend management solutions provider Airbase announced that Mathew Schulz, formerly from research and advisory firm Forrester, has taken the helm as vice president of procurement strategy. The company also announced new upgrades to Airbase's Guided Procurement module. New features include Airbase's AI Prediction & Insights, a vendor renewal management system, collaborative software that allows visibility for all stakeholders, automated vendor tax compliance, and native integrations plus an open API.