Cloud computing

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.

Every year, Xero recognizes app, bookkeeping and accounting partners that have performed well the previous year. These are the 2016 award winners.

The New Jersey Society of CPAs (NJCPA) has made IT private cloud provider IVDesk an approved vendor on its member benefits marketplace.

Is a cloud-based system or solution more or less secure than internally managed IT systems?

Intuit reports that its QuickBooks Online now has more than 1.5 million paying subscribers.

Oracle Corp., lagging the competition in cloud-based services, is essentially buying market share with its $9.3 billion acquisition of NetSuite Inc.

Oracle Corp. gave its cloud-services strategy a big boost by offering to buy NetSuite Inc. in a deal valued at about $9.3 billion.

In his second Sage Summit keynote since taking the helm as CEO in 2014, Stephen Kelly promised a company future focused on “sensibly prioritizing around customers and market needs.”

The new lease accounting standard will have an impact beyond the usual suspects of airlines and retailers, with even cloud computing providers taking a hit, thanks to their leases of computer servers.

Microsoft reseller Columbus has acquired Microsoft Dynamics ERP-focused consultancy Client Strategy Group, growing its presence in the United States.

AccountantsWorld, a provider of cloud-based accounting solutions, has enhanced its signature product, Accounting Power.