Electronic forms provider STF Services Corp. has entered into a marketing pact with online sales and use tax concern Avalara, to license STF's flagship SuperForm product. Terms were not disclosed. Avalara's AvaTaxST --which automatically calculates and reports sales tax -- will now include a forms utility that would create automated returns. Currently, AvaTax ST has four functional components: o Customer address validation; o Tax jurisdiction research; o Sales and use tax calculation; and, o Secure reporting for tax filing and audit purposes. "STF's interactive forms technology and years of experience in dealing with the myriad taxing jurisdictions will streamline the sales tax compliance burden with Avalara's system, and help deliver value to customers," remarked STF's president, Charlie Ter Bush, in a statement.
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The International Ethics Standards Board for Accountants decided to move ahead on a project to update its International Code of Ethics for Professional Accountants.
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Regional Leader Kernutt Stokes will acquire accounting firm Fordham & Co, effective July 1, to grow its presence in Portland, Oregon.
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RSM Mexico will join RSM's transatlantic platform with entities already in the U.S., the U.K., Canada and Ireland, as well as teams in India and El Salvador.
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The Internal Revenue Service had to hire over 2,000 employees after reducing its workforce last year by nearly a third, according to a new report.
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With AI poised to take over basic tax prep, practitioners need to double down on the value they've always added, says AICPA chair Jan Lewis.
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Current IASB chair Andreas Barckow's term ends on June 30, but his final successor isn't expected to be installed until Oct. 1.
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