Technology

For rent; lien on me; really creative; and other highlights of recent tax cases.

During the COVID-19 crisis, many FP&A teams were challenged to update and develop financial models that accurately reflected the massive shifts in strategy, revenue and operations.

The Internal Revenue Service’s Criminal Investigation division is cautioning taxpayers and tax professionals to beware of scams related to the expanded Child Tax Credit in which fraudsters are trying to steal money and personal information.

The company automates all aspects of cryptocurrency tax compliance, and is looking at a valuation north of $1 billion.

A federal jury convicted a former Internal Revenue Service IT specialist on fraud charges for stealing a victim’s identity and using it to buy $58,000 worth of plane tickets, hotel rooms and home-remodeling materials.

Over half of public companies have overhauled their financial processes in the past year, according to a Deloitte survey.

Intuit has decided to leave the Free File Alliance after coming under criticism for making it difficult to access a truly free version of TurboTax.

The Internal Revenue Service has begun offering online Tax Pro Accounts that practitioners can use for submitting an authorization request to an individual client’s own taxes online with the IRS.

Proper, a San Francisco-based provider of automated accounting and bookkeeping services for real estate property managers, has scored $9 million in Series A funding from investors.

The Internal Revenue Service has launched a campaign this summer to persuade tax professionals to improve their cybersecurity amid an escalating series of ransomware attacks around the world.