Cloud computing

Accountants know all too well that tax prep services have become commoditized, with intense pricing pressure and clients who aren’t firm-loyal. Is it possible to turn around the trend and differentiate your tax prep services?

Intuit Inc. has updated its layout to provide consistency across all its QuickBooks products, including QB Online, QB Online Accountant, QB Self-Employed, Payroll and Payments.

Hauppauge, N.Y.AccountantsWorld, which makes cloud accounting solutions, has named Hitendra R. Patil its new director of practice development.

FloQast, which makes close management software, has released new product capabilities tailored for outsourced finance and accounting firms.

A request by the Internal Revenue Service for user data from a bitcoin exchange highlights simmering tensions between compliance and customer privacy for financial institutions and will test how those demands are balanced in the young field of cryptocurrency.

The Internal Revenue Service is looking for information on bitcoin users from Coinbase, one of the largest bitcoin exchanges in the U.S., as part of its efforts to uncover possible tax evasion.

Deloitte has released new tax data analytics tools to help companies manage, track and report state net operating losses.

Software reseller BroadPoint and software company Serenic have partnered to deliver the latter’s Navigator for reporting, budgeting, fund accounting and grant management.

KPMG has achieved the Cloud Elite designation within Oracle’s OPN Cloud Program, as well as advanced specialization recognition and six Oracle Excellence Awards.

Certify, which makes travel and entertainment expense management software, has redesigned its T&E expense reporting.

The Internal Revenue Service needs to do more to ensure taxpayers aren’t using virtual currencies like bitcoin to avoid taxes, according to a new report.

The financial web is rewiring the small business economy so that new forms of capital can flow to small businesses.

Thomson Reuters has released Checkpoint Engage, an online audit solution.

The Internal Revenue Service spent $12 million to subscribe to a Microsoft enterprise email system that it was ultimately unable to use, according to a new report.

Forbes magazine’s inaugural Cloud 100 list included eight companies that are of particular interest to accounting and tax professionals.

Cloud hosting solutions provider Cloudnine Real Time has named Josh Clark president of the company.

FreshBooks, a provider of cloud-based accounting software for self-employed professionals and their teams, has redesigned its flagship platform.

Workiva, a provider of enterprise cloud solutions, has updated its Wdesk data platform, a cloud-based spreadsheet product.

Your Place in the Cloud

Accounting and business consulting firm Dean Dorton Allen Ford has launched the Dean Dorton accounting and financial outsourcing (AFO) for back office and accounting solutions.