Cybersecurity audit software maker gets seed funding, online tax research tool available for individual tax topics, and more.
AccountingTax.com rebrands as Corvee
Formerly AccountingTax.com, Corvee has rebranded and plans to focus its products and services on moving from compliance to advisory services at firms.
Corvee provides cloud-based software for tax planning; client collaboration and payments; growth and development programs for firm clients; and an advisor partnership program aimed at helping firms offer tax-advantaged wealth management to clients.
Corvee’s tax-planning software is currently in beta testing. The software will allow users to scan their clients’ tax returns, collect information via custom questionnaires, analyze estimated tax savings and prepare tax plan proposals for their clients. The full software release is planned for later this fall.
Strike Graph has received $3.9 million in seed funding. The company is developing software to help with cybersecurity audit and certification processes. Some enterprise buyers require that vendors achieve a valid cybersecurity certification through a third-party audit.
The software is designed to help companies scope out the correct size of the audit, dynamically adjust their controls, and successfully complete a security certification with an internationally recognized auditor. It automates the annual review process with monthly, quarterly and yearly monitoring, backups and encryption.
The company plans to allocate the seed funding to hiring additional engineering and cybersecurity staff. With these new hires, Strike Graph plans to expand beyond SOC 2 support and automate the maintenance of cybersecurity certifications for its customers.
ClientWhys’ online tax research tool now available
ClientWhys, which provides marketing, branding and learning resources for tax professionals, has debuted the online research tool section of its Big Book of Taxes 365 product.
This online research tool covers topics related to individual taxes. It includes a resource library with links to commonly used forms, IRS publications and court rulings.
The tool is priced at$95 per year and includes year-round updates. For more information, click here.
U.S. Bank Instant Card now integrates with Concur Expense
U.S. Bank Instant Card transactions now integrate with Concur Expense, allowing for business expense tracking, reporting and reconciliation from the Concur app on any mobile device. Instant Card users can capture their expenses with e-receipts, populate expense reports, and submit expenses for approval through Concur from anywhere.
Grant Thornton has prevailed in an appeal by a former tax client who had sued after the firm failed to advise him of a tax strategy that potentially could have saved him over a million dollars and then allegedly tried to cover up the error.
The leaders of Congress’s main tax-writing committee are wondering if the Internal Revenue Service will be ready to handle next tax season as it’s still processing millions of pieces of correspondence that went unopened for months during the COVID-19 pandemic.