Venture capital

The PE-alternative Franklin Alliance acquired Robert Morris & Company in New Bloomfield, Pennsylvania, as it aims to create a platform of local CPA firms.

AI accounting platform Basis' Series A funding round included former Treasury Secretary Larry Summers and officials from Google and OpenAI.

Carr, Riggs & Ingram and PKF O'Connor Davies separately announced they scored funding from investment firms.

Startups will need to clean up their recordkeeping if they want to have any hope of raising new venture capital. 

Debate over the Tax Cuts and Jobs Act; assessing last season; Etsy and sales tax; and other highlights from our favorite tax bloggers.

The venture capital firm will work with Ernst & Young on some of these audits and will increase budget allocations to help investee companies put governance guardrails in place.

Unlike tech companies and venture capital firms, accounting firms need to focus on and learn from mistakes.

TaxBit Inc. plans to announce Tuesday that Haun Ventures is a strategic investor in the startup, even as digital currencies face increasing regulatory pressure.

Two of the most generous tax loopholes are on the chopping block, the latest surprise in emerging tax increases.

The company plans to expand its enterprise offering and release additional AI capabilities for U.S. and European customers.

The startup uses artificial intelligence to track cash flow and do bookkeeping.

Even as they look to ramp up acquisitions, funds are worried about the potential impact of these much-discussed taxes.

Trullion's software uses artificial intelligence to read unstructured data and translate it into real-time financial reports.

The first decisions an accountant makes for a venture capital-funded startup can make a big difference in the future.

A little-used part of the U.S. tax code allows foundations to use some of their endowments as “program-related investments.”

KPMG LLP has bought a minority interest in LumaTax, a San Diego-based sales and use tax technology provider.

The tax software maker has named Davis Bell as its new CEO, succeeding founder Kurt Avarell, and raised new funding from its existing investors after a series of reverses this past year.

Paro matches vetted experts with companies seeking temporary accounting and finance help.

‘We see a future where continuous accounting becomes a substantial competitive advantage supported by an AI ‘CFO’ that provides the leadership team with real financial foresight,’ CEO says.

The guidance helps with determining the fair market value of companies in an investment portfolios.