Crypto tax startup gets backing from Haun Ventures
TaxBit Inc. plans to announce Tuesday that Haun Ventures is a strategic investor in the startup, even as digital currencies face increasing regulatory pressure.
Source: accountingtoday.com
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Should I stay or should I go? What it means to move your CPA firm to the cloud
As you look to the 2023 tax season, here’s what it takes to move to an advanced cloud-based tech tool.
Source: accountingtoday.com
Warren wants details from TurboTax on its free filing program
Legislators want to know how much Intuit makes off of low- and middle-income filers, and how many Intuit employees previously worked for federal agencies.
Source: accountingtoday.com
IRS pilots program to digitize archived tax filings
The Internal Revenue Service has contracted with Ripcord, a startup company that does robotic digitization of documents and records, to pilot test a program to digitize filings of Form 709.
Source: accountingtoday.com
Federal Trade Commission complaint says TurboTax overstated free file options, Intuit vows to fight back
The U.S. Federal Trade Commission has filed suit accusing TurboTax of overstating just how free its free filing options are, though Intuit denies the charge and said it will fight the case.
Source: accountingtoday.com